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Foundation for Internet Development-Initiatives

Foundation for Internet Development-Initiatives

Foundation for Internet Development-Initiatives is an accelerator that is based in Moscow, Russia. The firm accompanies the portfolio companies at all stages of their growth, helping not only in product development and sales but also in reaching strategic customers and attracting investors in the following rounds. It also provides training and co-working space to startup companies. It prefers to invest in tech companies in the pre-seed, seed, and series A rounds. The firm was founded in 2013.

Investor Status
Actively Seeking New Investments
Year Founded
Primary Investor Type
Other Investor Types
Venture Capital
Primary Office
  • Myasnitskaya Street, House 13
  • Building 18
  • Moscow, 101000
  • Russia

Foundation for Internet Development-Initiatives Investments (604)

Company Name Deal Date Deal Type Deal Size Industry Company Stage Lead Partner
Brandquad 03-Apr-2019 Early Stage VC 00.000 Business/Productivity Software Generating Revenue 0000 0000000
00000 29-Mar-2019 0000 00000 00000 Educational and Training Services (B2C) Generating Revenue
000-0000.000 01-Feb-2019 00000 00000 000.00 Information Services (B2C) Generating Revenue
000 000000000000 01-Feb-2019 0000 00000 000.00 Business/Productivity Software Startup
00000000 01-Feb-2019 0000 00000 000.00 Application Software Startup
00000 00000 (00000 01-Feb-2019 000000000000 000.00 Educational and Training Services (B2C) Generating Revenue
00000000.0000 01-Feb-2019 000000000000 000.00 Road Generating Revenue
00000 0000 01-Feb-2019 0000 00000 000.00 Specialty Retail Generating Revenue
Versal Broker 01-Feb-2019 Seed Round 000.00 Insurance Brokers Generating Revenue
Working Hands 01-Feb-2019 Seed Round 00000 Human Capital Services Generating Revenue
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Foundation for Internet Development-Initiatives Exits (154)

Company Name Exit Date Exit Type Exit Size Status Buyers
Statera (Cloud Management) 30-Oct-2019 Buyout/LBO Completed
  • 2 buyers
0000000 01-Oct-2019 000 00 00000000 Completed
00. 000000 01-Aug-2019 000 00 00000000 Completed
000000000 24-Jul-2019 0000000000: 000000 Completed
0000000000 17-Jul-2019 000000000 00000000 Completed
0000000 01-Jul-2019 000 00 00000000 Completed
000000 21-Jun-2019 0000000000 00000 Completed
  • 0000000 000000
0000 000 01-Jun-2019 000 00 00000000 Completed
LIRA Systems 01-Jun-2019 Out of Business Completed
Pay-Z 01-Jun-2019 Out of Business Completed
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Foundation for Internet Development-Initiatives Team (20)

Name Title Deals Funds Boards Office Contact
Kirill Varlamov Co-Founder, Director of the Foundation 0 0 Moscow, Russia
Maksim Shteygervald Deputy Director for Investments 0 0 Moscow, Russia
Iskender Nurbekov Deputy Director for Legal Issues and Initiatives Moscow, Russia
Elena Krylova Director of the Department for Support of Investment Transactions Moscow, Russia
Dmitry Kalaev Director of the Frii Accelerator 0 0 Moscow, Russia

3 Former Team Members

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Foundation for Internet Development-Initiatives Co-Investors (23)

Name With Exits Lead Partner
Government of Russia 1
Moscow Seed Fund 0 0
Russian Venture Company 0 0
Skolkovo Foundation 0 0
Valor Capital Group 0
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