Toloka investment syndicate launches in Ukraine

Oleksandr Kolb, founder, and member of the Supervisory Board of Kharkiv IT Cluster, CEO of Promodo, together with his partners Taras Kirichenko (financier, chairman of the Supervisory Board of Nova Poshta) and Igor Shoyfot (TMT Investments) launched a syndicate of private investors called Toloka.vc.

As the founders explained, the purpose of creating the syndicate is to help investors increase their own capital and have diversified investment portfolios around the world, as well as to promote the growth of the startup ecosystem in Ukraine and beyond.

Toloka.vc plans to invest in startups with tickets ranging from $500,000 to $1.5 million. You can join the syndicate as an investor with capital starting with $5,000.

Toloka.vc will invest in startups that have already launched a product on the market, have a certain number of users/consumers, monthly revenue growth, and operate in global markets. This will minimize the risks for investors and increase the chances of a profitable exit.

The syndicate will not limit the investments only for Ukrainian startups, but they will be given utmost priority. Also, the syndicate will direct part of the profit to Ukrainian funds supporting the development of entrepreneurship.