ICLUB
 | |
| Company type | Private |
|---|---|
| Industry | Venture capital |
| Founded | 2018 in Kyiv, Ukraine |
| Founder | Viktoriya Tihipko |
| Headquarters | Zurich, Switzerland Nicosia, Cyprus Kyiv, Ukraine |
Number of locations | 14 (2023) |
Key people | Viktoriya Tihipko |
| Products | Investments |
| Parent | TA Ventures |
| Website | iclub |
ICLUB is a global community of angel investment clubs founded by Viktoriya Tihipko's TA Ventures in 2018.
ICLUB's clubs invest in startups sourced, approved and invested by the European venture fund TA Ventures. ICLUB acts as an intermediary between startups and private investors.
History
[edit]The first investment club was founded in 2018 by Viktoriya Tihipko's TA Ventures in Kyiv, Ukraine.[citation needed]
Today, ICLUB provides access to investment opportunities in technological and high-growth companies of Europe, North America, LATAM, and APAC.[1]
Today, the club has 15 offices in 14 countries. These include Ukraine, the United Kingdom, Monaco, Cyprus, Poland, Portugal, Kazakhstan, Uzbekistan, Azerbaijan, United Arab Emirates,[2] Singapore, Spain, Austria, and Switzerland.
Key people
[edit]- Viktoriya Tihipko, ICLUB Founder, TA Ventures Founding Partner;
- Yuriy Romanyukha,[3] ICLUB Global, CEO;
- Anna Magiera, ICLUB Executive partner in Europe.
Operations
[edit]From 2018 to 2022, the minimum cheque for one startup was $25,000; from June 2022, $10,000.[4] The largest individual cheque to a single startup was $250,000.
In 2022, the club invested $10 million in 27 companies.[5] As of 2023, the club's members have invested in 80 companies and participated in 109 rounds. The club closes 2–4 deals per month, attracting approximately $1 million in investment. The total amount invested is more than $35 million.
The fastest exit was in 8 months. It was a startup called Qentnis.[6]
The average allocation was between $150 and $350 thousand. The largest allocation was $1.3 million (successfully closed).[5]
Investments
[edit]The main areas of investment are fintech, digital health, biotech, software, logistics, cybersecurity, and e-commerce.[7]
In July 2021, ICLUB, together with TA Ventures, made an exit from the Spanish mobility startup Bipi. The exit was the result of Bipi's acquisition by Renault Group unit called RCI Bank and Services.[8]
The club's investments include such companies as: Gemini, Coterie, Liki24, Walnut, etc.
The most significant investments of the club:
| Title | Headquarters | Description | Funding round | Acquirer | Holding period | Exit | In the media |
|---|---|---|---|---|---|---|---|
| Impress | Spain | Chain of orthodontic clinics | Pre-Seed | n/a | 1.3 years | No | [9][10] |
| Bipi | Spain | Car subscription startup | Series A | RCI Bank and Services | 2.3 years | Yes | [11] |
| Finimize | United Kingdom | Media product about finance with a focus on a closed platform community. A newsletter, app and events that talk about finance in simple terms | Series A | abrdn | 11 months | Yes | [12][13] |
| Shift | Germany | European on-demand manufacturing marketplace Shift | Seed | Share swap /IPO [Xometry]
Online marketplace that allows customers to access a network of machine shops and custom manufacturers |
3 months / 1.5 years | Yes | [14][15] |
| Vochi | Belarus | Video and photo editing application that enables addition of effects to individual objects in real-time | Seed | 10 months | Yes | [16] | |
| Qentnis | Germany | Provider of financial metrics that help hedge funds and other institutional investors analyze the development of both the market and specific companies to improve their investment strategies | Seed | Consumer Edge | 8 months | Yes | [17] |
Members
[edit]As of 2023, the club has more than 600 members. Distribution of members by location: Ukraine, EU countries, Central Asia and the Middle East.
Among the members: Biosphere Corporation founder Andriy Zdesenko, former Kyivstar CEO Petro Chernyshov, SCM Holdings top manager Andriy Gorokhov, Ajax Systems founder Oleksandr Konotopskyi, investment manager Maksym Koretskyi, and others.[18]
References
[edit]- ^ Valentyna Dudko (2021-06-14). "Великий прибуток з маленького чека. Як українські бізнес-ангели заробили на іспанському стартапі невидимої ортодонтії". forbes.ua (in Ukrainian).
- ^ Olha Hordiyenko (2021-04-07). "Український бізнес влаштував справжнє паломництво в Дубай. Що його приваблює?". forbes.ua (in Ukrainian).
- ^ Валентина Дудко (2022-06-09). "Український венчурний бум скінчився, навколо війна. Як планує виживати найбільший фонд – TA Ventures Вікторії Тігіпко". forbes.ua.
- ^ Liza Palchynska (2022-06-09). "ICLUB Global запускає онлайн-платформу для інвестицій у стартапи від $10 000". ain.ua (in Ukrainian).
- ^ a b Illia Kabachynskyi (2023-05-26). "80 startups, $35M in investments: how ICLUB works". ain.capital.
- ^ Tayisa Melnyk (2022-06-16). "Фонд TA Ventures та інвестклуб ICLUB Global здійснили екзит з німецького стартапу Qentnis". forbes.ua (in Ukrainian).
- ^ "AIN.Capital: 80 Startups, $35M in Investments Inside the ICLUB". techukraine.org. 2023-06-01.
- ^ Danylo Ivzhenko (2021-07-27). "TA Ventures и ICLUB сделали экзит из испанского стартапа Bipi". ain.ua.
- ^ Connor Bilboe (2020-12-21). "Fastest-growing direct-to-consumer startups 2020". sifted.eu.
- ^ Maia Yarova (2020-10-09). "TA Ventures and ICLUB invest in two startups in Europe and the US". ain.capital.
- ^ Indra Kishinchand (2020-11-13). "Bipi closes a €10.5M Series B round to accelerate local growth and expand in Europe". startupsreal.com.
- ^ Mark Kleinman (2021-10-28). "Abrdn's Bird swoops on Finimize as industry's digital shift accelerates". news.sky.com. Sky News.
- ^ Bérengère Sim (2021-12-03). "Meet abrdn's newest exec, a 34-year-old startup CEO". fnlondon.com. Financial News.
- ^ Ron Miller (2020-09-09). "Xometry raises $75M Series E to expand custom manufacturing marketplace". techcrunch.com. Techcrunch.
- ^ Steve O'Hear (2019-12-03). "Xometry acquires European on-demand manufacturing marketplace Shift". techcrunch.com. Techcrunch.
- ^ Sarah Perez (2021-12-06). "Pinterest invests in creator tools with acquisition of video creation and editing app Vochi". techcrunch.com. Techcrunch.
- ^ Maia Yarova (2022-06-16). "TA Ventures and ICLUB Global make an exit from startup Qentnis". ain.capital.
- ^ "Перестановки у венчурі. Ігор Перція йде з TA Ventures та ICLUB. Чому його тягне в метавсесвіт і Web3". forbes.ua. 2021-12-23.