The Untitled Venture Company

VC · San Francisco (United States), Riga (Latvia)

VC

Seed

Series A

Cloud/SaaS

Consumer

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About

The Untitled Ventures is an early-growth venture capital firm specializing in deep technology investments. Established to assist technology startups in transforming advanced technologies into real-world products, the firm focuses on B2B innovations such as artificial intelligence (AI), computer vision, robotics, agritech, medtech, and data management. Operating from Luxembourg, The Untitled Ventures leverages its strategic location to access leading European startup events and maintain strong connections within investor communities. Since its inception in 2014, the firm has invested in a growing number of technology startups, many of which have successfully expanded into international markets, delivering consistently robust portfolio growth. The firm's first fund achieved a Total Value to Paid-In (TVPI) multiple of 10.9, reflecting its effective investment strategy and commitment to fostering innovation., The Untitled is a venture capital firm specializing in seed stage, startup, later stage, growth capital, round A and early-stage companies. The firm seeks to invest in companies operating across all sectors with a focus on retail performance, brand performance, new media performance, marketplace performance, Telco performance, social performance, and new retail format projects, advertising media, and digital technologies in offline-, online- and omni-retail, advertising, and fashion in Russia. It seeks to invest in companies from Eastern Europe, Russia, Belarus, and Ukraine. It also seeks to invest in companies from Western Europe, but have not yet developed a true presence in the market. It considers investments in companies that entering a new market with a new product and invests the first rounds only in projects that have a finished product or a working prototype with proven hypotheses and metrics that are at the operational payback stage or in the next few steps from it. It focuses on innovative technology projects structured in Russian, English law and American law. The firm makes investment directly into the company equity and/or are raised in the form of a loan. The firm invests $0.15 million in seed companies in return for 25 % 30% minority stake. It makes from $1 million to $2 million investments in early, mid- and late stage companies resulting in a 15 percent to 25 percent minority stake. The firm typically invests between RUB5 million (USD0.8 million) and RUB15 million (USD0.25 million) in companies estimated at between RUB50 million (USD0.83 million) and RUB150 million (USD2.50 million). It offers different investment programs. Through the Untitled seed program, it implies average investment of $0.08 million $0.15 million. Through The Untitled club program, it implies average syndicated investment of $0.05 million to $0.5 million. Through The Untitled money program, it implies average investment of $0.08 million to $0.15 million or a loan of 0.08 million to $0.8 million dollars. Through the U growth program, it implies round A investment between $1 million to $3 million. The Untitled was founded in 2011 and is headquartered in Riga, Latvia with additional offices in Moscow, Russia and London, United Kingdom.The Untitled Ventures is a principal investment firm and is based in Riga, Latvia.

Investment Criteria