Russian business analytics startup raises $4 million to expand internationally

iTech Fund II and Skolkovo Digital (two funds managed by iTech Capital and Skolkovo Ventures, respectively), have jointly invested $4 million in Roistat, a Russian business analytics startup.

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The deal was reported by Rusbase, which cites exchanges with iTech Capital. Its terms were not disclosed.

Founded in 2014 by German Gavrilov and Evgeniy Udodov, Roistat collects data from CRM systems, advertising channels and websites. It claims to “build reports on 30+ business indicators in seconds.”

The startup serves more than 5,000 small and mid-sized businesses, reports Rusbase.

The fresh funding will help Roistat develop further its technology, consolidate its positions on the domestic market and expand internationally.

Topics: E-Commerce, E-marketing, E-marketing & Adtech, Finance, News, Venture / Private equity
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