The most active Russian
VC fund and accelerator

Learn more

About

IIDF means Internet Initiatives Development Fund. According to Dow Jones, we are the most active early-stage venture fund in Russia and Europe.

We have $85M under management. Since 2013 IIDF has closed more than 240 deals ranging between $20k and $4.6M.

Our investment activity accounts for more than 100 IT startup deals each year, which is 80% of Russian early-stage venture capital market.

Areas we invest in

We invest in IT startups with the potential to scale globally.

Retail

Cybersecurity

Adtech

Edutech

Internet of things

Fintech

Digital Healthcare

Media

Productivity Tools

Big Data

Lifestyle

Cloud

We invest at Pre-Seed, Seed and Round A

Deal size
$30k
Total number of deals
222 Pre-Seeds
Company stage
MVP, the first batch of sales
How we measure success
Each year we invest a small amount of pre-seed money ($30k) in 80 to 90 early stage startups. Those companies proceed to participate in a 3-month accelerator program where we work intensively with the founders to verify the value proposition and judge the core team.
Deal size
Up to $350k
Total number of deals
19 Seeds
Company stage
$7k+ monthly turnover
How we measure success
After 3-month acceleration, the best startup teams with a proven value proposition get up to $350k seed. funding.
Deal size
Up to $4.6M
Total number of deals
3 Round A
Company stage
$170k-$430k monthly turnover
How we measure success
We make Round A investments of up to $4,6M in startup teams who managed to build scalable sales. processes.

3-month accelerator

In Moscow, we run a three-month accelerator program for startups at pre-seed stages three times a year. The program is designed to help them grow to the next rounds. Since 2013 we have accelerated 200+ IT startups.

For three months, founders work hard with mentors and experts to get the first bunch of sales and validate their business models, or scale sales.
We offer seed investments to the best teams with excellent traction.
At the end of the program founders with the best results pitch their startups at DemoDay in front of 100+ investors.

The largest startup community in Russia

Since 2013 we’ve built the most extensive network of investors, accelerators, incubators, universities, corporations, and founders in Russia.

2 000
startups apply for our accelerator program annually
4 500
startups participate in our basic online program per year
200
top experts in marketing&sales, legal issues, team productivity, etc.
1 000
events we’ve organized or participated in as partners since 2013
23 000
people attended our events in 2015 (meetups, workshops, hackathons, conferences)
12 000
members in our groups on Facebook and Vkontakte
50 000
people subscribed to our newsletter

Partnership

We partner with VCs and notable members of the local startup community to co-invest and help our companies enter international markets. We also collaborate with 100+ corporations and government institutions to help startups with expertise, resources, technologies, go-to-market tactics, PR opportunities, and introductions to enterprise clients.

In 2015 we launched industrial clusters within our accelerator program in cooperation with the major partners in such areas as Internet of Things, Digital Health, Retail, Fin Tech, Ed Tech, Media, AI&Big Data, Ad Tech. Among our partners, are Sberbank, Microsoft, Yandex, Invitro, STADA, Gazprom-Media, MedMe, Bayer, Raiffeisen Bank, TASS, Russian Railways, GS Group, YOTA, Rambler, and others.

For more information on becoming our partners,
email to iidf@iidf.ru

We offer VCs & contributors:
  • A verified Deal Flow of startups we’ve invested in and accelerated
  • A summary & recommendations of startups you’re interested in
  • Promotional support for partners entering Russian VC market
  • Community interaction opportunities (i.e. PR, events)
We offer VCs & contributors:
  • Expertise in expanding startups to global markets
  • Co-investment opportunities. We invest in our startups, and we look for co-investors to scale our companies on the local markets
  • Feedback on the strengths and weaknesses of the startups we connect you with