Dnipro
Venture capitalPalo Alto · Seed–Series A · 27 people tracked
Investment thesis
Dnipro invests in early-stage global founders advancing artificial intelligence and cybersecurity. On the AI side, the firm backs technologies that enhance automation, improve decision-making, and build intelligent systems across industries. In cybersecurity, it supports solutions that safeguard data, secure networks, and defend against evolving threats. Operating from the heart of Silicon Valley, Dnipro pairs funding with hands-on support and a broad advisor network to help exceptional entrepreneurs scale.
Source: firm website, verified Aug 11, 2026.
Team · 27 people
from the firm's website & public directoriesFounder mafia
2 people who came through Dnipro went on to found or lead other companies.
What they invest in
from 31 of 44 portfolio companiesAI & Machine Learning ×19SaaS ×14Enterprise Software ×11Cybersecurity ×5Developer Tools ×5Fintech ×5Healthtech ×4Data & Infrastructure ×3
HQs:United States×16Ukraine×2Estonia×1
Who they back
founder profiles across 22 portfolio companiesFounding team size:solo founder×112 founders×53 founders×54+ founders×1
Where their founders studiedfrom 11 founders with education data
University of Waterloo ×2
Where their founders worked beforefrom 13 founders with career history
Meta ×2UC San Diego ×2Yale University ×2Yale University School of Medicine ×2
Accelerator rootsportfolio companies that came through a program
Investments · 44 tracked
founders shown can be your intro pathBy year:2025 · 12024 · 12018 · 13 dated
AppLovin operates a mobile advertising platform that helps businesses scale their products and marketing.
AdTechGamingMarketing TechPalo Alto, US
Adam Foroughi(Executive Officer, Director)Eduardo Vivas(Director)Maggie Jin(Executive Officer)
BoardHerald Chen(Director)
Co-investorsAUTHENTIC VENTURESFlex Capital PartnersNimble PartnersStreamlined VenturesWebb Investment NetworkGriffin Gaming Partners
Uber operates a multi-sided platform providing ride-sharing, food delivery, freight logistics, and business fleet management services across various global markets.
Logistics & Supply ChainMarketplacesMobility & TransportationSan Francisco, US
Travis Kalanick(Co-founder & CEO)Garrett Camp(Co-founder)
Co-investors137 Ventures408 VenturesA*Across Capital PartnersAglae VenturesAkkadian Ventures+63 more
AI agents for procurement and compliance
Atlas Grid provides data contextualization and access services.
Data & InfrastructureDeveloper ToolsEnterprise SoftwareSan Francisco, US
Oleg Kostour(Founder)inAram Aghababyan(Founder)inAnton Krutiansky(Founder)in
Co-investorsGarage CapitalSterling RoadY Combinator
AttackIQ provides automated red team exercise software that scales security testing across organizations without increasing headcount.
CybersecurityEnterprise SoftwareLos Altos, US
Rajesh Sharma(Executive Officer, Director)Brett Galloway(Executive Officer, Director)Danielle Murcray(Executive Officer)
BoardKevin Dillon(Director)Shardul Shah(Director)inBrian Byun(Director)in
Co-investors408 VenturesBeyond CapitalIndex VenturesKeshif VenturesTitanium VenturesVoyager Capital+3 more
BeeSafe AI operates a fraud prevention platform that identifies mule accounts and fraudulent infrastructure by engaging directly with scammers in real-time.
AI & Machine LearningCybersecurityEnterprise SoftwareFintechSan Francisco, US
Daniel Spokoyny(Founder & CEO)inAriana Mirian(Founder)inNikolai Vogler(Founder)in
Co-investorsDG Daiwa VenturesY Combinator
Buildcheck provides a web application that scans architectural and construction drawings and specifications to detect errors, omissions, and inconsistencies before they become field problems.
AI & Machine LearningConstruction TechSaaS
Co-investorsXfund
Construction document review for error prevention
Compliance automation for regulated financial institutions
Cequence Security protects web, mobile, and API applications and governs AI agent activity for large enterprises.
Ameya Talwalkar(Founder)in
Co-investorsCerity Partners VenturesIcon VenturesKPN VenturesMenlo VenturesMonta Vista CapitalProsperity7 Ventures+4 more
Strategic alignment for globally distributed teams
Co-investorsNewtopia VC
Crosscheck helps organizations prepare for regulatory and supply chain certifications (ISCC, GMP+, FSC, EUDR, etc.) by aggregating supplier and company documentation, using AI for compliance analysis, and coordinating with certification experts.
AI & Machine LearningEnterprise SoftwareNew York City, US
Bohdan Dreihaupt(Co-Founder)Nikita Fordui(Co-Founder)
Co-investorsTechstars
Tetrix builds a knowledge graph that maps a software system's source code, cloud infrastructure, service topologies, and engineering standards into a persistent, searchable context for AI.
AI & Machine LearningData & InfrastructureDeveloper Tools
Co-investorsFlair VenturesFlyer One VenturesTachles VCLOI Venture
Eclypsium provides hardware and firmware security solutions for enterprises to identify and address vulnerabilities in chips, low-level code, and digital supply chains.
CybersecurityDefense TechEnterprise SoftwareHardwarePortland, US
Yuriy Bulygin(Co-founder)Alex Bazhaniuk(Co-founder)Alex B(Founder)John Ewert(Executive Officer)
BoardAlex Doll(Director)inTimothy Porter(Director)in
Co-investorsAlumni VenturesAndreessen HorowitzAV8 VenturesaVentureBasecamp FundGlobal Brain+13 more
Field Complete is an ERP platform for home services contractors that handles scheduling, dispatch, job management, estimates, invoicing, and integrated payments and card processing.
Construction TechFintechSaaSAtlanta, US
Roman Rusev(Executive Officer, Director)inSergey Glushchak(Founder)inTimofey Tyslyuk(Director)
Co-investorsChampion Hill VenturesNotation CapitalSID Venture PartnersWonder Ventures
Flowstep builds an AI-powered design tool that converts text descriptions into editable UI, using its "Imagination Algorithm." It is aimed at product teams looking to align and ship designs faster.
AI & Machine LearningDeveloper ToolsSaaSTallinn, EE
Svyatoslav Polishchuk(Founder)
Co-investorsSupernode GlobalTera VenturesIron Wolf CapitalSpecialist VC
Principle is a simulation engine that models a user's business environment to test decisions such as market entries, competitor moves, acquisitions, or regulatory shifts against a range of plausible future scenarios.
AI & Machine LearningEnterprise SoftwareSaaS
Anton Polishko(Founder)
HealthHelper provides AI-powered automation combined with white-labeled coordinators that integrate with a practice's EHR to handle patient outreach, care scheduling, care gap closure, and care management.
AI & Machine LearningDigital HealthHealthtech
Josh Kahane(Chief Executive Officer & Co-Founder)Jake Kahane(Chief Product Officer & Co-Founder)Vlad Lipunov(Chief Technology Officer & Co-Founder)
Thea offers an app with AI-driven guidance for aesthetic skincare, covering concerns such as acne, anti-aging, peptides, over-the-counter products, and laser treatments.
AI & Machine LearningConsumerWellness & Fitness
Co-investorsCartan Capital
InStock develops software-driven goods-to-person robotics and automation systems for eCommerce fulfillment operations.
E-commerceLogistics & Supply ChainRoboticsSaaSSan Carlos, US
Yegor Anchyshkin(Executive Officer, Director)Victor Smetaniuk(Director)
Co-investorsCommerce VenturesOne Way VenturesCybernetix VenturesLux Capitalu.ventures
Lamar Health provides workflow automation software for specialty pharmacies and infusion organizations, enabling teams to manage prior authorization processes and patient access workflows.
AI & Machine LearningHealthtechMedia & EntertainmentSaaSSan Francisco, US
Eesha Sharma(Founder)in
Co-investorsHealthy VenturesY Combinator
LetsEnhance is an AI-powered image upscaler and enhancement tool that increases photo resolution up to 16x and corrects color, sharpness, and lighting without artificial-looking processing.
AI & Machine LearningConsumerSaaSKyiv, UA
Sofi Shvets(Founder)
Co-investorsSID Venture PartnersTechstarsAcrobator Ventures
Co-investorsFlyer One VenturesHorizon Capital
Meridian is a CRM and data platform for venture capital and investment firms that centralizes deal history, automates workflow logging, and enriches records with a bundled database of 26 million company records and verified contacts.
AI & Machine LearningFintechSaaS
Alex Sen(Founder & CEO)inAlex Zagoro(Chief Technology Officer)in
Co-investors645 VenturesAndreessen Horowitz
Olive uses AI to convert large, unstructured medical records into a date-ordered chronology with summaries and tables, flagging relevant pre-injury medical events and cross-referencing medical bills to detect missing records.
AI & Machine LearningLegalTechSaaS
Medical record chronologies for personal injury lawyers
Somerville, US
Brian Thurber(Executive Officer)Trevor Arashiro(Executive Officer)Greg Volynsky(Director)
People.ai builds AI-powered insights for revenue teams to analyze deal pipelines and provide actionable answers about sales performance based on a company's own deal history.
AI & Machine LearningEnterprise SoftwareSaaSSales TechSan Francisco, US
Oleg Rogynskyy(Founder/CEO)in
Co-investorsAkkadian VenturesFrontline VenturesNotable CapitalUpVentures CapitalY CombinatorZillionize+4 more
PeopleForce is an HR management platform that automates tasks such as onboarding, offboarding, time tracking, applicant tracking, performance reviews, and employee engagement surveys.
Future of WorkHR TechSaaS
Co-investorsChicago VenturesRLC VenturesSturgeon Capitalu.ventures
Phases provides AI-powered oversight for clinical trials, using automated agents to detect operational issues, maintain data standards, and ensure regulatory compliance without manual intervention.
AI & Machine LearningHealthtechSan Francisco, US
James Wall(Co-founder & CEO)inAnton Zaliznyi(Co-founder & Chief AI Officer)inJonathan van Wersch(Co-founder & CTO)in
Co-investorsTRAC (Third Round Analytics Capital)Y Combinator
Simulating competitors and markets to pressure-test strategy
Respeecher develops proprietary deep learning technology to create high-quality synthetic speech for filmmakers, game developers, advertisers, podcasters, and content creators.
AI & Machine LearningCreator EconomyGamingMedia & EntertainmentSaaSKyiv, UA
Oleksandr Serduik(Executive Officer, Director, Promoter)Grant Reaber(Executive Officer, Director, Promoter)Alex Serdiuk(Founder)in
BoardJohn Frankel(Director)
Co-investorsBADideas.fundCathexis VenturesHartmann CapitalICU VenturesSID Venture PartnersTechstars+2 more
Human tissue testing for pharmaceutical development
Revalia Bio uses AI to convert donated human organs and tissues into multi-modal biological datasets and decision-ready insights for drug and device development.
AI & Machine LearningBiotechHealthtechNew Haven, US
Greg Tietjen(Co-Founder & Chief Executive Officer)inJenna DiRito(Co-Founder)Kourosh Saeb-Parsy(Co-Founder)Helen Hughes(Co-Founder & Chief People Officer)Peter Buniak(Co-Founder & Advisor)Jenna DiRito, PhD(Founder)in
Co-investorsAmerica's Frontier FundConnecticut InnovationsSierra VenturesBoxOne VenturesEntrepreneur First
AI skin scanning and personalized product recommendations
VGS is a payment tokenization and credential management platform that secures sensitive payment data for Fortune 500 companies, merchants, fintechs, and banks.
CybersecurityData & InfrastructureEnterprise SoftwareFintech
Marshall Jones(CTO & Co-Founder)in
Co-investors408 VenturesAndreessen HorowitzBrighter CapitalGMO VenturePartnersGraph VenturesNyca+6 more
ZeroAvia develops hydrogen-electric powertrain technology for aircraft, aiming to enable zero-emission aviation.
CleantechClimate TechDeep TechMobility & TransportationHollister, US
Valery Miftakhov(Executive Officer, Director, Promoter)Sergey Kiselev(Director)inJames McMicking(Chief Strategy Officer)in
BoardGeoff Eisenberg(Director)inMatt Eggers(Director)inChristine Ourmieres-Widener(Director)
Co-investorsAP VenturesBreakthrough Energy VenturesEcosystem Integrity FundHorizons VenturesScottish National Investment BankSGH Capital+8 more
Co-investorsAper VenturesArray Ventures Management LlcBeyond Next VenturesCentral Texas Angel NetworkCuriosity VCEoniq.fund+13 more
Exits · 2
IPOs and acquisitions across the tracked portfolioApplovin (Exit)NASDAQ: APPUberNYSE: UBER
Portfolio news
latest coverage across their companies
Meridian · finance.yahoo.com · Aug 20, 2026
ZeroAvia x-tech-robotics · flightglobal.com · Aug 20, 2026
Cequence Security · manilatimes.net · Aug 6, 2026

People.ai · trysignalbase.com · Jul 17, 2026

Applovin (Exit) · applovin.com · Jul 17, 2026
Raven · finsmes.com · Jul 7, 2026
Uber · fxleaders.com · Jun 25, 2026
Frequently asked questions
- How many investments has Dnipro made?
- Dnipro has 44 tracked investments, 1 of which have exited via acquisition or IPO, including 2 dated in the last 24 months.
- What stage does Dnipro invest at?
- Dnipro invests at the Seed, Series A stages.
- What sectors does Dnipro focus on?
- Dnipro focuses on AI & Machine Learning, Cybersecurity.
- Where is Dnipro located?
- Dnipro is headquartered in Palo Alto, US.
- Who does Dnipro co-invest with?
- Dnipro most often shares deals with Y Combinator, SID Venture Partners, Techstars, among 108 tracked co-investors.
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