Runa Capital, a Moscow-based fund operating internationally, announced earlier this week that it has invested $1.2 million in Domosite.ru, a Russian startup that develops solutions for utility services management companies. The terms of the deal were not disclosed.
Domosite.ru addresses a market of approximately 30 million households in Russia. Its solutions are intended for the companies that manage utility services at the scale of buildings.
Domosite’s systems enable inhabitants to communicate with these managing companies electronically and, hence, more efficiently.
The startup already claims to serve already more than 20,000 apartment owners.
Source: RIA Novosti / Digit.ru
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