Fund summary
Founded in December 2008, Dekarta Capital is a private equity and venture capital firm specializing in early stage and growth equity investments in private companies. Presently, Dekarta Capital manages the assets of a private fund equal to $100 million.
The fund seeks to invest in all sectors with a focus on financial services, retail, distribution, media, Internet and technology. It typically invests up to $ 1 million at the early stage and between $2 million and $15 million at later stages. Large-scale financing is achieved through the consolidation of funds with other investment firms and banks.
Geographically the fund invests in companies which were founded in Russia, Ukraine and Latvia and have demonstrated the potential to become industry leaders locally or, in the case of technology companies, globally. Dekarta Capital has offices in Moscow (Russia), Kiev (Ukraine) and Riga (Latvia).
- Dekarta Capital is one of the very few actively investing venture capital and private equity firms that is solely targeting the Commonwealth of Independent States (CIS) and Baltic region.
- Dekarta is unique in its focus on building a well-balanced portfolio with a large share of companies that, in addition to high potential future valuations, are currently generating significant (more than 15%) return on investment from the companies’ existing operating activity. This approach is unlike other funds that generate the bulk of their money on exits only.
- Dekarta Capital is a private fund with no fixed life and therefore is free from the dictates of time-to-exit constraints, from which other funds suffer. Dekarta’s belief is entrepreneurs may prefer to own their successful companies for indefinite period and as long as the company generates strong cashflow, the fund’s philosophy is the same.
- Since its inception in 2008 the company has invested in 11 portfolio companies that match its criteria.