# Ukraine-Moldova American Enterprise Fund

> Ukraine-Moldova American Enterprise Fund is a VC fund backing Software. See 24 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Chicago, United States
- Total investments: 24
- Last investment: Oct 2025
- Lead investor: 46%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/umaef/
- Website: https://umaef.org/

Ukraine-Moldova American Enterprise Fund is a VC fund in Chicago focused on Software and Artificial Intelligence. UMAEF is a regional fund specializing in investments in small and medium-sized companies. The firm focuses on supporting economic development in the region through various investments, including fintech sectors.

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $50k–$50k |
| Grant | $25k–$50k |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Software | 6 | 25% |
| Artificial Intelligence | 5 | 21% |
| Health Care | 4 | 17% |
| Information Technology | 4 | 17% |
| Apps | 3 | 13% |

42 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Grant | 16 | 67% |
| Seed | 4 | 17% |
| Pre-Seed | 1 | 4% |
| Private Equity | 1 | 4% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Ukraine | 8 | 33% |
| United States | 2 | 8% |
| Canada | 1 | 4% |
| France | 1 | 4% |
| Estonia | 1 | 4% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Fintech-IT Group | Fintech-IT Group is a Ukrainian IT holding and the technology developer behind the mono ecosystem — including monobank, Ukraine’s #1 neobank, now serving over 10m customers. We design integrated software solutions for digital banking, e-commerce, and beyond — powering one of the most successful fintech ecosystems in the region. Founded in 2017, thegroup was valued at $1 billion in 2025, becoming Ukraine’s first fintech unicorn. |  | Private Equity | Oct 06, 2025 |  |
| Fintech-IT Group | Fintech-IT Group is a Ukrainian IT holding and the technology developer behind the mono ecosystem — including monobank, Ukraine’s #1 neobank, now serving over 10m customers. We design integrated software solutions for digital banking, e-commerce, and beyond — powering one of the most successful fintech ecosystems in the region. Founded in 2017, thegroup was valued at $1 billion in 2025, becoming Ukraine’s first fintech unicorn. |  | Private Equity | Oct 06, 2025 |  |
| Uspacy | Entrepreneurs who already understand the need to manage company processes can find many tools to help them with it. But the problem is that people don't really want to use many different products — they want to use all tools in one product.Uspacy is an online service, a single digital workspace for organizing the daily processes of small andmedium-sized companies, which are modern communication in a team, people operations, collaboration, tasks, business processes and CRM. | $198.1K | Grant | Aug 14, 2025 |  |
| VITA325 | VITA325 is an AI-powered movement intelligence platform that uses smartphone video and built-in motion sensors to analyze gait and running mechanics. Users complete clinically grounded movement tests, receive a personalized Gait Age score, and access tailored exercise programs based on objective mobility data. Designed for both healthy individualsand people with limb loss, VITA325 makes functional movement measurable and accessible at scale. | $50K | Grant | Aug 04, 2025 |  |
| Uwell | Uwell is a healthcare center that offers medical and online consulting services. | $25K | Grant | Apr 17, 2025 |  |
| CRAFTRUDER | CRAFTRUDER is a 3D concrete printing technology enterprise. | $50K | Grant | Apr 17, 2025 |  |
| Qudi | Your personalized interactive charachter. Communicate like never before. | $50K | Grant | Apr 17, 2025 |  |
| CompetAI | CompetAI is an AI-driven technology platform that provides companies with accessible marketing analysis. | $25K | Grant | Apr 17, 2025 |  |
| FluxHR | FluxHR is an AI-Based recruiting platform for video interviews. | $25K | Grant | Apr 17, 2025 |  |
| Wolk | Wolk is an AI application that performs candidate screening and early interviews that helps to find fast performers. | $25K | Grant | Apr 17, 2025 |  |

10 of 24 investments shown.

## Co-investors
- [Ukrainian Startup Fund](https://shizune.co/investors/profile/ukrainian-startup-fund) — VC Fund, 21 deals together
- [Glovo Ukraine Startup Lab](https://shizune.co/investors/profile/glovo-ukraine-startup-lab) — VC Fund, 1 deal together
- [Google for Startups](https://shizune.co/investors/profile/google-for-entrepreneurs) — VC Fund, 1 deal together
- [Seeds of Bravery](https://shizune.co/investors/profile/seeds-of-bravery) — VC Fund, 1 deal together

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### Similar stage
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### Similar country
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- [European Bank for Reconstruction and Development](https://shizune.co/investors/profile/european-bank-for-reconstruction-and-development-ebrd) — VC Fund

## Featured in investor lists
- [All VC Funds in Ukraine](https://shizune.co/investors/vc-funds-ukraine)
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- [Marketplace Investors in Ukraine](https://shizune.co/investors/marketplace-investors-ukraine)

## FAQ

### What does Ukraine-Moldova American Enterprise Fund invest in?

Ukraine-Moldova American Enterprise Fund invests primarily in Software, Artificial Intelligence and Health Care startups, most often at Grant and Seed stage. Most of the 24 investments tracked by Shizune back companies in Ukraine. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Ukraine-Moldova American Enterprise Fund's check size?

Ukraine-Moldova American Enterprise Fund typically joins rounds of $50k–$50k at Seed and $25k–$50k at Grant. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Ukraine-Moldova American Enterprise Fund participates in.

### When did Ukraine-Moldova American Enterprise Fund last invest?

The most recent investment recorded for Ukraine-Moldova American Enterprise Fund closed in Oct 2025. Shizune tracks 24 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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