Russia's startup scene features a mix of established technology companies and emerging ventures. This landscape includes major players in e-commerce and social media.
For example, classifieds platform Avito has secured $1.3 billion in funding. Similarly, social network VK has attracted $1.1 billion from investors.
Below is our list of 100 Russia startups worth keeping an eye on.
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Get the Sheet for $50Avito created a massive online classifieds platform where users can buy and sell everything from cars and real estate to clothing and accessories. The marketplace serves as a central hub for commerce, connecting millions of people across Russia.
| Headquarters | Moscow, Moscow City, Russian Federation |
| Year Founded | 2007 |
| Founders | Filip Engelbert, Jonas Nordlander |
| Funding Amount | $1.3B |
| Startup Size | Enterprise Organization (5,001+) |
| Last Funding Status | Secondary Market |
| Top Investors | Accel, Northzone, Prosus, Kinnevik, GP Bullhound |
Kaspersky Lab creates a suite of endpoint protection solutions designed for consumers, small businesses, and large enterprises. The global cybersecurity company is well-known for its antivirus software and extensive threat intelligence research.
| Headquarters | Moscow, Moscow City, Russian Federation |
| Year Founded | 1997 |
| Founders | Eugene Kaspersky, Evgeny Preobrazhensky |
| Funding Amount | — |
| Startup Size | Enterprise Organization (5,001+) |
| Last Funding Status | Private Equity |
| Top Investors | General Atlantic |
Akeso develops tools that use machine learning to analyze medical data for clinical research. Their platform provides data-driven insights for organizations in the healthcare and insurance sectors.
| Headquarters | Moscow, Moscow City, Russian Federation |
| Year Founded | 2017 |
| Founders | Polina Beresneva |
| Funding Amount | RUB2.5M |
| Startup Size | Founding Team (1-10) |
| Last Funding Status | Seed |
| Top Investors | Internet Initiatives Development Fund (IIDF) |
Voxys provides outsourced contact center and business process outsourcing (BPO) services for a global client base. Their teams manage a full spectrum of customer communication and support functions.
| Headquarters | Moscow, Moscow City, Russian Federation |
| Year Founded | 1996 |
| Founders | Pavel Zaitsev |
| Funding Amount | $4.8M |
| Startup Size | Enterprise Organization (5,001+) |
| Last Funding Status | Series A |
| Top Investors | CapMan |
VK runs a comprehensive social media platform that acts as an all-in-one ecosystem for its users. They combine social networking and messaging with integrated services like music streaming, video, and e-commerce.
| Headquarters | Saint Petersburg, Saint Petersburg City, Russian Federation |
| Year Founded | 2006 |
| Founders | Lev Leviev, Nikolai Durov, Pavel Durov, Yitzhak (Vyacheslav) Mirilashvili |
| Funding Amount | $1.1B |
| Startup Size | Major Organization (1,001-5,000) |
| Last Funding Status | Secondary Market |
| Top Investors | VK (ex. Mail.Ru Group), United Capital Partners |
Mistral brings a wide variety of food products to market, handling everything from production to distribution. The company serves both wholesale and retail clients through its online e-commerce platform.
| Headquarters | Moscow, Moscow City, Russian Federation |
| Year Founded | 1992 |
| Founders | — |
| Funding Amount | — |
| Startup Size | Large Team (251-1,000) |
| Last Funding Status | — |
| Top Investors | — |
YooMoney provides an electronic payments service that offers users a safe and straightforward method for paying online. Their system is built around a digital wallet, enabling people to manage funds and complete transactions for a variety of online goods and services.
| Headquarters | Moscow, Moscow City, Russian Federation |
| Year Founded | 2002 |
| Founders | — |
| Funding Amount | RUB2.4B |
| Startup Size | Large Team (251-1,000) |
| Last Funding Status | Secondary Market |
| Top Investors | Sberbank |
Yango builds a technology platform for on-demand services, including ride-hailing, e-grocery, and local delivery. Their app operates in countries across Europe, Africa, the Middle East, and South America, focusing on everyday urban convenience.
| Headquarters | Moscow, Moscow City, Russian Federation |
| Year Founded | 2018 |
| Founders | — |
| Funding Amount | — |
| Startup Size | Major Organization (1,001-5,000) |
| Last Funding Status | — |
| Top Investors | — |
Ivi operates a major video-on-demand service in Russia, offering a library of over 100,000 films, series, and cartoons. The platform streams content from major Hollywood and Russian studios and is available across all popular devices, including Smart TVs and mobile.
| Headquarters | Moscow, Moscow City, Russian Federation |
| Year Founded | 2010 |
| Founders | Dmitry Alimov, Leonid Boguslavsky, Oleg Tumanov, Todd Weaver |
| Funding Amount | $434.7M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Series D |
| Top Investors | RTP Global, Tiger Global Management, Mubadala Capital Ventures, Millhouse, Russian Direct Investment Fund |
NTechLab develops facial recognition software using artificial neural networks and machine learning. Their technology provides solutions for a range of applications, including public security, commercial analytics, and access control systems.
| Headquarters | Moscow, Moscow City, Russian Federation |
| Year Founded | 2015 |
| Founders | Alexander Kabakov, Artem Kukharenko |
| Funding Amount | $17.6M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Grant |
| Top Investors | Mubadala, Russian Direct Investment Fund, Impulse VC, RT - Business Development, VB Partners |
90 Additional Russia Startups Worth Following
Our top 10 picks are just a small slice of what’s happening right now. We're seeing a lot of new founders building companies in fintech, retail, and education.
Together, these companies have raised hundreds of millions of dollars, though many are still early in their journey. Here’s a look at 90 more startups shaping the country's startup scene.