Fundraising Fox

iTech Capital

Venture capital

Riga · Series A–Late Stage · 11 people tracked

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Investment thesis

iTech Capital invests globally in technology companies at the critical Series A stage and later. As an active investor, it participates in a company's upside while seeking to mitigate downside risk through close engagement with management teams. The firm shares operational experience and a broad range of professional expertise to help companies grow, maximize their potential, and expand internationally. It emphasizes talent and human potential regardless of founder origin or background, and does not restrict itself to particular verticals, instead pursuing great companies across a range of industries where it can help consolidate first-mover advantage.

Invests inSector AgnosticGlobal

Source: firm website, verified Aug 7, 2026.

Stage
Series A–Late Stage
HQ
Riga, LV
Leads rounds
Leads
Instruments
Equity
Founded
2010
Tracked investments
23

Team · 11 people

from the firm's website
Maksim Shavrygin· Investment Managerin

Investment Manager. Holds an MBA from the Haas School of Business.

What they invest in

from 10 of 23 portfolio companies

Marketing Tech ×4AdTech ×3SaaS ×3AI & Machine Learning ×2B2B Marketplaces ×2Travel & Hospitality ×2Consumer ×1Crypto & Web3 ×1

HQs:Russia×5United States×1

Investments · 23 tracked

founders shown can be your intro path
Realwebrealweb.ru✓ verified

Realweb is a digital marketing and advertising technology company that provides systems for advertising management, analytics, and marketing automation.

AdTechEnterprise SoftwareMarketing TechSaaSMoscow, RU

Maxim Vinogradov(Founder)in

<UNKNOWN>
AIRRtheairr.com
Amulexamulex.ru

Amulex (National Legal Service AMULEX) is a Russian legal services provider offering remote legal consultations and support 24/7, including services such as personal bankruptcy for individuals.

B2B MarketplacesConsumerLegalTechSaaS

Aviasalesaviasales.com𝕏

Aviasales is a flight search engine that helps users find airline tickets for free using flexible filters, baggage options, and price change notifications.

B2B MarketplacesTravel & HospitalityMoscow, RU

Big Data Company
Bitfurybitfury.comin𝕏

Bitfury operates in the cryptocurrency/blockchain industry, with noted expertise in mining solutions and related technology infrastructure.

AI & Machine LearningCrypto & Web3Deep Tech

Val Vavilov(CEO, Co-founder, Chairman)

Co-investorsKorelya CapitalCDP Venture CapitalVerve Ventures

E-Commerce Company
Ecwidecwid.com𝕏

Ecwid is an ecommerce platform that allows merchants to add online stores to existing websites or build new ones with customizable themes, inventory management, and order processing.

E-commerceRetail TechSaaS

Co-investorsPeakSpan Capital PartnersRuna CapitalTrestle Partners

Ednaedna.ru
FinTech Company 1
FinTech Company 2
Forbesforbes.ru
Icontextgroupicontextgroup.ru

iConText Group is an advertising agency network that specializes in various digital advertising categories including performance marketing, mobile, SEO, CPA, display, targeted, and contextual advertising.

AdTechMarketing Tech

LegalTech Company
MarketingTech Company 1
MarketingTech Company 2
Online Travel & Ticketing
Promopultpromopult.ru

PromoPult is an AI-powered platform for managing online advertising across multiple channels including Yandex Direct, SEO, VKontakte, Wildberries, and Avito.

AdTechAI & Machine LearningMarketing TechMoscow, RU

Roadroad.travelin𝕏

Road.Travel provides a web and mobile application that helps drivers discover curated roads and travel spots, with integration to vehicle navigation systems.

Mobility & TransportationTravel & Hospitality

Roistatroistat.com

Roistat is a marketing and sales platform that helps businesses grow by providing tools for lead management, sales optimization, and customer integration.

Marketing TechSales Tech

SaaS Company
TradingViewtradingview.comin𝕏

TradingView is a charting platform and social network used by over 100 million traders and investors worldwide to analyze and trade across global financial markets.

Data & InfrastructureFintechNew York City, US

Denis Globa(Executive Officer, Director)inKonstantin Ivanov(Director)Stan Bokov(Co-Founder and Chief Strategy Officer)inConstantin Ivanov(Co-Founder and Chief Executive Officer)inSteven M Farsht(Director)

BoardSEBASTIEN ARTHUR M DUCHATEAU(Director)

Co-investorsAkkadian VenturesDRW Venture CapitalInsight PartnersIrishAngelsMotivate Venture CapitalTechstars+2 more

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has iTech Capital made?
iTech Capital has 25 tracked investments.
What stage does iTech Capital invest at?
iTech Capital invests at the Series A, Series B, Series C, Growth, Late Stage stages.
What sectors does iTech Capital focus on?
iTech Capital focuses on Sector Agnostic.
Where is iTech Capital located?
iTech Capital is headquartered in Riga, LV.
Does iTech Capital lead rounds?
Yes, iTech Capital leads investment rounds.
Who does iTech Capital co-invest with?
iTech Capital most often shares deals with Akkadian Ventures, Insight Partners, Korelya Capital, among 15 tracked co-investors.

Media · Podcasts & interviews

featuring the team

Investor Connect- Episode 94- Gleb Davidyuk of iTech Capital

Hall Martin · Gleb

Images

iTech Capital photo

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