The freshly backed startups are operating in the healthcare, gaming, education, and enterprise software industry. The fund told AIN that these investments were made throughout 2024.

With 30 portfolio startups, the total amount of investments in Ukraine, the United States, and other countries since the fund’s launch in December 2021 has reached $5.5 million.

The startups backed by SID include:

  • Burt Intelligence, an ad tech company developing a digital advertising platform which helps publishers get real-time analytics and increase the ROI of their advertising spend. Its clients include Vox Media and The CW Network.

  • Sepal AI (YC'24), a developer of training data and annotations for AI model development that collaborates with more than 20,000 scientists and experts in various fields.

  • GameTree, an LFG platform with more than 1 million users that uses AI to match gamers based on gaming preferences, personality, and play style. The startup's catalog includes both video (PC, Nintendo, Xbox, and PS5) and board games. 

  • Altris AI, an ophthalmology startup that has created a platform for automated analysis of OCT scans approved by the FDA and implemented in more than 500 clinics.

  • memoryOS, an edtech startup that offers memory training through gamification, interactive lessons, and patented virtual Memory Palace technology.

SID Venture Partners is also one of the most active partners of Y Combinator, having invested in 6 companies graduating from this Silicon Valley accelerator.

The fund plans to continue investing in early-stage startups, with a particular focus on AI solutions and other high-growth niches, and is also starting to prepare for the launch of its next investment fund.

About SID Venture Partners

The SID Venture Partners venture fund was launched in December 2021 in Ukraine by three outsourcing companies: Sigma Software (S), Ideasoft (I), and Datrics (D).

Currently, the fund brings together 13 Ukrainian entrepreneurs and focuses on Ukrainian and international early-stage startups with global ambitions.