AdFirst Overview
- Investor Type
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Venture Capital
- Status
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Active
- Professionals
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1
- Investments
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41
- Portfolio
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28
- Exits
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9
AdFirst General Information
Company Description
Founded in 2017, Adfirst is a venture capital firm based in Limassol, Cyprus. The firm prefers to invest in consumer products and consumer services sectors in the United States, Canada, Europe, America, Asia, Africa, and the Middle East.
Business Details
Investor Status
Primary Investor Type
Corporate Office
- Omonia Avenue Number 19
- 2nd Floor, Office 203, Constantinides Building
- Limassol, 3052
- Cyprus
AdFirst Investments (41)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Company Stage | Lead Partner |
|---|---|---|---|---|---|---|
| Wayflyer | 23-Jun-2025 | Later Stage VC | Specialized Finance | Generating Revenue | ||
| Bright Money | 27-Sep-2023 | Financial Software | Generating Revenue | |||
| Fideum | 14-Jun-2023 | Other Financial Services | Generating Revenue | |||
| Patient21 | 22-May-2023 | Medical Records Systems | Generating Revenue | |||
| Wefox | 14-Feb-2023 | Insurance Brokers | Generating Revenue | |||
| Ongo | 07-Feb-2023 | Information Services (B2C) | Generating Revenue | |||
| SpaceX | 15-Jan-2023 | Aerospace and Defense | Generating Revenue/Not Profitable | |||
| Canva | 01-Oct-2022 | Multimedia and Design Software | Generating Revenue | |||
| Synchronization | 22-Dec-2021 | Later Stage VC | Educational and Training Services (B2C) | Generating Revenue | ||
| Mercuryo | 01-Dec-2021 | Early Stage VC | Financial Software | Generating Revenue |
AdFirst Exits (9)
| Company Name | Exit Date | Exit Type | Exit Size |
|---|---|---|---|
| SpaceX | 12-Jun-2026 | IPO | |
| Mercuryo | 31-Dec-2025 | ||
| F3 (Social/Platform Software) | 10-Dec-2025 | ||
| Viqeo | 03-Jul-2025 | ||
| Academy of Change | 01-Oct-2023 | ||
| Braid (Financial Services) | 11-Aug-2023 | ||
| Gamification Lab | 08-Mar-2023 | ||
| Kapaga | 08-Nov-2022 | Merger/Acquisition | |
| Pingdelivery | 01-Oct-2022 | Out of Business |
AdFirst Investments by Industry, Year, and Region
Investments by Industry
Investments by Year
Investments by Region
AdFirst Co-Investors (121)
| Name | With | Exits | Lead Partner | Series | Industry |
|---|---|---|---|---|---|
| Gaingels | 3 |
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| Factorial Funds |
|
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| J.P. Morgan |
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| Kleiner Perkins |
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| Madrone Capital Partners |
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AdFirst FAQs
-
What is AdFirst?
Founded in 2017, Adfirst is a venture capital firm based in Limassol, Cyprus.
-
When was AdFirst founded?
AdFirst was founded in 2017.
-
Where is AdFirst headquartered?
AdFirst is headquartered in Limassol, Cyprus.
-
What is AdFirst's total asset value?
AdFirst has around in total assets under management.
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How many investments has AdFirst made?
AdFirst has made 41 investments.
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What has AdFirst invested in?
AdFirst has made numerous investments in companies like Wayflyer, Bright Money, and Fideum within the Specialized Finance, Financial Software, and Financial Services industries.
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What has AdFirst invested in recently?
AdFirst's latest investment was on 23-Jun-2025 in Wayflyer, a company within the Specialized Finance industry.
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