The full-scale war has affected all areas of business and life, and the Ukrainian investment market is no exception. Despite decreased fund activity and the number of concluded deals, new players continue to emerge. One of them is the Burner investment fund, founded by the IT company Boosta just over a year ago on May 10, 2022.
During this time, the fund has already achieved initial results. Burner took the 5th place in the ranking of Ukrainian IT investors for 2022-2023, according to the online media AIN.ua. Since the editorial team only considered publicly known deals, the ranking states that Burner invested in three projects, but in reality, this number is five.
All founders of the projects that the fund invested in are Ukrainians, and all investments were seed-stage.
“The first year for any fund is always challenging, but at the same time, very interesting. Structuring processes, establishing operational work, and, of course, closing the first deals. Looking back, I can say that we have gained good momentum and do not plan to stop there because our key task is to find and support truly interesting and promising projects,” comments Yaroslav Svyrydiuk, Managing Partner of the Burner investment fund.
Burner’s strategy as a Private Equity investment fund is primarily focused on developing and scaling profitable digital companies. The fund emphasizes generating returns on invested capital through dividends rather than solely relying on increasing the company’s capitalization for a subsequent exit.
That is why Burner provides SMART investments, offers financial assistance and actively engages in operational activities to facilitate growth. Startup founders can fully concentrate on business development, as Burner acts as a specialized partner, establishing an effective business development plan, marketing, recruiting, and providing financial and legal infrastructure, among other support services. The fund finds the following areas most interesting: SEO & affiliate marketing projects, iGaming, Finance/PDL’s, Dating, AdTech, and Mobile Apps.
For a first-time investment by the fund in a company, the average check is up to $1.5 million. For follow-up investments or late-stage companies that are already generating dividends, the average check is up to $3 million. It’s worth noting that all Burner investments are made in the form of cash-in, meaning the funds go directly to the company.
To apply for investment, you need to fill out the form on the fund’s website: http://brnr.co
Furthermore, Burner operates a referral program that allows you to receive up to $10,000 for recommending a startup if a deal is made. Do you already have a project in mind to recommend? Send an email to firstname.lastname@example.org or fill out the form on the website.
The full-scale war has affected all areas of business and life, and the Ukrainian investment market is no exception. Despite decreased fund activity and the number of concluded deals, new players continue to emerge. One of them is the Burner investment fund, founded by the IT company Boosta just over a year ago on May […]https://itcluster.lviv.ua/wp-content/uploads/2023/10/burner-1.png