AddVenture
AddVenture is a Cyprus-based global venture capital fund that invests $1–10M per deal at pre-seed, seed, and Series A in Home & Local Services, FoodTech, and HealthTech startups across Asia, Europe, Latin America, the Middle East, and the USA.
- Company typePrivate
- Founded2008
- HeadquartersNicosia, Cyprus
- Headcount1–10
- GTM typeB2B
- OfferingServices
What AddVenture does
AddVenture is a private global venture capital fund headquartered in Nicosia, Cyprus, founded in 2008. It invests $1–10M per company at pre-seed, seed, and Series A stages in three verticals: Home & Local Services (marketplaces for home improvement, cleaning, moving; and vertically integrated services such as laundry, beauty, storage, and legal), FoodTech (subscription personalized meals, ready-to-cook, business catering, ready-to-eat, and B2B food supply marketplaces), and HealthTech (medical insurance tech, doctor appointment platforms, and telemedicine).
The fund's product is capital allocation across successive vehicles; its core activity is deal sourcing, portfolio construction, and active support of portfolio companies. As of the most recent disclosure, AddVenture manages five funds with $120M in aggregate assets under management, has completed 23 investments and 5 exits, and operates over a 10-year track record. Its portfolio spans Asia, Europe, Latin America, the Middle East, and the USA, with named companies including Cleanly, Miso, Armut, ServiceMarket, Douleutaras, MrJeff, Washmen, TopDoctors, and Recommend. The investment team is led by three Managing Partners (Mikhail Erenburg, Max Medvedev, Pavel Terentiev) and a Principal (Nikita Gerts).
AddVenture's business model is conventional VC fund economics: it earns management fees on committed/deployed capital across its fund vehicles and is entitled to carried interest on realized exits from portfolio investments. The firm does not sell products to end customers, does not operate proprietary technology platforms, and offers no disclosed pricing model beyond negotiated per-deal investment terms. Application and contact flow into the firm is via a single inbox ([email protected]). The fund's competitive positioning rests on sector specialization (a narrow but deep thesis across three verticals), a global sourcing footprint, and a small senior partnership that supports early-stage founders through follow-on capital.
AddVenture firmographics
Firmographics- Name
- AddVenture
- Website
- https://addventure.vc
- Company type
- Private
- Founded year
- 2008
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- AddVenture is a Cyprus-based global venture capital fund that invests $1–10M per deal at pre-seed, seed, and Series A in Home & Local Services, FoodTech, and HealthTech startups across Asia, Europe, Latin America, the Middle East, and the USA.
- Ownership category
- akta.pro rank
AddVenture industry classification
Industry- Product category
- Venture Capital
- NAICS
- Portfolio Management and Investment Advice (523940)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Early-Stage Venture Capital (Pre-Seed/Seed) (FSANAAAA)
Keywords
Where AddVenture is headquartered
LocationHeadquarters
- HQ city
- Nicosia
- HQ country
- Cyprus
- HQ region
- Europe
Markets served
AddVenture business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Others
Revenue model
- Fund Management / Investment Returns: As a venture capital fund, AddVenture generates returns through capital appreciation and exit events (acquisitions, IPOs) from portfolio companies. They manage multiple funds under their umbrella with assets under management of $120M.
Go-to-market motion1 record
AddVenture product offering
Product offeringCore offering
AddVenture is a global venture capital fund that invests $1–10M per company in early-stage (pre-seed, seed, and Series A) startups across three sector verticals: Home & Local Services, FoodTech, and HealthTech. The fund manages $120M in assets under management across 5 funds and has completed 23 investments and 5 exits over 10 years. Portfolio companies include marketplaces and vertically integrated service providers in cleaning, laundry, food delivery, telemedicine, and doctor booking.
Product overview
AddVenture is a global venture capital fund that operates as a single investment vehicle, not a traditional SaaS product company. The fund deploys capital in the $1-10M range across three main sectors: Home & Local Services (including cleaning, beauty, storage, laundry, legal services), FoodTech (personalized food, ready-to-cook, business catering, ready-to-eat, B2B supply marketplaces), and HealthTech (medical insurance tech, doctor appointment platforms, telemedicine). The fund manages $120M across 5 funds under management, has made 23 investments over 10 years in the market.
Differentiator
Problem solved
Functional benefit
Products and services
- AddVenture Fund
Quantifiable outcome
- 10 years of operating history
- +1 more outcomes
Companies that use AddVenture
Customer profileNamed customers9 records
Segments3 records
Ideal customer profiles1 record
AddVenture technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AddVenture partnerships and signals
Strategic signalScale indicators5 records
Recent moves4 records
Expansion highlights4 records
AddVenture competitors and assessment
Company assessmentDirect peers
- Partech: Partech is a global early-to-growth stage VC with strong emerging-market exposure (Africa, Europe, Asia). Comparable to AddVenture in cross-regional investing and early-stage ticket sizes, though typically at larger fund sizes.
- 500 Global: 500 Global is a global early-stage VC with deep emerging-market operations and sector-diverse portfolios across multiple geographies. Directly comparable to AddVenture's global emerging-market seed/Series A mandate.
- Global Founders Capital: Global Founders Capital is a global early-stage fund investing across emerging markets and sectors, similar in cross-border early-stage posture to AddVenture.
- Target Global: Target Global is a tech-focused VC investing globally with strong emerging-market exposure, particularly Europe and Israel. Comparable early-stage global thesis to AddVenture.
- MSA Capital: MSA Capital is a global early-stage VC focused on emerging markets (notably China and Southeast Asia). Comparable cross-border emerging-market seed/Series A investing to AddVenture.
- Endeavor Catalyst: Endeavor Catalyst is an investor behind high-impact founders across emerging and growth markets. Comparable global emerging-market early-stage exposure.
Regional players
- Wavemaker Partners: Wavemaker Partners is an early-stage VC focused primarily on Southeast Asia and Southern California. Comparable to AddVenture's regional early-stage exposure but anchored to specific geographies.
Broad incumbents
- SOSV: SOSV is a global early-stage VC running vertical-specific accelerator programs (including HAX for hardware, IndieBio for biotech). Comparable global early-stage breadth, with deeper accelerator infrastructure.
- Rocket Internet: Rocket Internet is a global internet group that builds and invests in emerging-market internet companies. Broader incumbent in the same global early-stage/venture-building space.
- Vertex Ventures: Vertex Ventures is a global early-stage VC network with funds across Asia, US, and Israel. Comparable multi-region early-stage mandate but at larger and more institutionalized scale.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
AddVenture social profiles
Digital presenceAddVenture financial estimates
Financial estimateRevenue estimate
Valuation estimate
AddVenture leadership team
Management profileNumber of profiles
Profiles4 records
AddVenture funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
AddVenture M&A and investment
M&A and investmentM&A
Investments60 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about AddVenture
What does AddVenture do?
AddVenture is a global venture capital fund that invests $1–10M per company in early-stage (pre-seed, seed, and Series A) startups across three sector verticals: Home & Local Services, FoodTech, and HealthTech. The fund manages $120M in assets under management across 5 funds and has completed 23 investments and 5 exits over 10 years. Portfolio companies include marketplaces and vertically integrated service providers in cleaning, laundry, food delivery, telemedicine, and doctor booking.
Is AddVenture a public or private company?
AddVenture is a private company. It is classified as unknown and is currently operating.
When was AddVenture founded?
AddVenture was founded in 2008. It employs 1 to 10 people.
Where is AddVenture based?
AddVenture is headquartered in Nicosia, Cyprus, in the Europe region.
How does AddVenture make money?
One revenue line is on record: fund Management / Investment Returns.
Who are AddVenture's main competitors?
Direct peers on record are Partech, 500 Global, Global Founders Capital, Target Global, MSA Capital and Endeavor Catalyst. Wavemaker Partners is listed as a regional player. Broad incumbents are SOSV, Rocket Internet and Vertex Ventures.
Does AddVenture have an API?
No public API is recorded for AddVenture.
What industry is AddVenture in?
AddVenture's product category is Venture Capital. Its primary akta.pro industry code is FSANAAAA, Early-Stage Venture Capital (Pre-Seed/Seed). Its NAICS code is 523940 and its SIC code is 6282.