Top Ukrainian Startups | Growth Stage

The Growth Stage of a startup’s life cycle comes after the Seed Stage. During the Growth Stage, startups already have a good Product-Market Fit found during the Seed Stage, and their main goal is scaling sales in the user segment that was identified in Seed Stage, as well as searching for new user segments.

This stage is great for attracting outside investors, because most of the risks of insufficient Product-Market Fit have already been eliminated, and investors are able to assess the potential size of the market, calculate customer acquisition costs and their profitability (LTVC). Experienced investors usually help with building sales channels, finding key employees for sales and marketing, and with partnerships.

During the Growth Stage, angel investors and small VC funds that finance Seed Stage companies are replaced by larger VC funds able to invest $500K to $5M (and sometimes even $50M) to scale a proven business model.

Rating: 5 out of 5.

Top Growth Stage Tech Startups with Global Focus and R&D in Ukraine (2021)  

Company Name
Website Eng
Ukrainian R&D
Created
Product 
Description


List of all 
investments



User growth
Revenue growth
Recognitions


andcards

andcards.com
Remote:
Ukraine, Korea, Poland
2018
Coworking space software with a focus on members.
Ucluster Review
Space3ac, Grant, €35K (Jan 2019)
Space3ac, Grant, €5K (May 2019)
Start-Up Chile, $70K (2019)
Used by coworking spaces in 23 countries, 2021 
Won at Start-Up Chile, 2019
Calmerry

calmerry.com
Kyiv
2020
Mental health service provider with affordable prices, vetted therapists, and responsive support.Digital Future, Seed round, $5M (Apr 2021)
Datrics

datrics.ai 
Kyiv
2020
No-code too for analytics and Machine Learning.
Ucluster Review
Sigma Software, Y Combinator, Angels, QPDigital, StartupYard, ICU Ventures, Seed round, $1M (Aug 2021)300+ users of the free web version
Finmap

finmap.online 
Kyiv
2017
Online service for financial management in small and mid-sized businesses.BRISE Capital, Startup Wise Guys, Sigma Software Labs, Inspirium, Angels, Undisclosed (2021)
USF, Seed round, $50K (Apr 2020)
Presence in 12 countries
USF Pitch Day winner
GIOS – Global Innovative Online School

gioschool.com 
Kyiv
2018-2019
An interactive platform for remote & blended learning for maths and critical thinking.UVO Ventures, Angels, Seed round, $400K (Aug 2021) 
USF, Grant, $50K (Feb 2020)
F&F, Angels, $350K
100K users (7500 paying)
Proceeds, $84K (2020)
USF Grant
Let's Enhance

letsenhance.io 
Kyiv
2018
Deep tech AI company that builds End-to-End imaging solutions for photo enhancement and optimization.Acrobator Ventures,Techstars London Accelerator, Digital Future, Alexey Orap,
Seed round (Jun 2020)
4M+ users
Twice rated as top product on Product Hunt.
Ukraine Startup Awards, 2020
London Design Awards, 2019
Party.Space

party.space
Kyiv
2020
Service for fun online meetups, corportate training events, and afterparties.Various, Pre-Seed round, Undisclosed (Nov 2020)
Various, Seed round, Undisclosed (Aug 2021)
100+ paying users
Reface

reface.app
Kyiv
2018
AI-powered app where people can swap faces in videos, GIFs and images for entertainment.TQ Ventures, Andreessen Horowitz, Adventures Lab, Angels, Seed round, $5.5M (Dec 2020)15M+ users
Ranked as a #1 in the US AppStore
100M+ downloads
Best of 2020 by Google Play
Respeecher

respeecher.com 
2018
Voice cloning for content creators: from Hollywood movie studios to game developers.ff Venture Capital, Acrobator Ventures, ICU Ventures, Network VC, Angels, Seed round, $1.5M (2020)
Skyworker

skyworker.ai 
Kyiv
2018 - 2019
A "swipe left" / "swipe right" tech recruiting marketplace. We simplified the hiring process to one action of setting interviews.Murat Abdrakhmanov, Pre-Seed round (Apr 2020)15K IT professionals as users
IT Arena winner, 2019 
USF Pitch Day #3 winner, 2020
Upswot

upswot.com
Ukraine
2019
A fintech platform that enables banks to connect, collect, and normalize data from business software tools they regularly use.Common Ocean Ventures, INV Fintech, Angels, Seed round, $5M (Mar 2021)Award at UK-Ukraine Fintech Summit
Data for 25.08.2021.