Ukrainian Zeely raises $1M for its SMB growth app
12 April, 2023, 18:49
Zeely, a sales-growth mobile app, has raised $1 million in a seed round, TechCrunch informed. The funding was led by Ukrainian VCs Vesna.Capital and Angel One Fund, joined by Belarusian Imaguru Ventures, exciting investor from Ukraine ZAS Ventures, and business angels.
- Zeely was founded by Ukrainians Dmytro and Yaroslav Samoiluk, and Alina Bondarenko, who were previously included in Forbes’s 30 under 30 list of young leaders in Europe. The startup develops the app that generates a web store on a mobile, as well as allow a business to promote itself across social media platforms.
- Zeely’s solution is used by companies in the service sector such as beauty and care, car detailing, coaching, home care, along with retailers and merchants.
- Zeely has customers from the US, Great Britain, Brazil and Mexico. According to ZAS Ventures co-founder Andriy Zinchuk, the app has over 8,000 users, the MRR (monthly regular revenue) of the product is more than $45,000, the growth rate is 150% for every quarter.
- The investors in seed round include:
- Vesna.Capital, Ukrainian fund that was launched in June 2022 by Nova Poshta and Fedoriv agency founders. In March 2023, it also participated in $550,000 round for the Belarusian startup Filmustage.
- Angel One Fund, $1.5 million angel investment venture fund that was established in October by the Foundation of Ukrainian Catholic University.
- Ukrainian ZAS Ventures, which invested $120,000 in Zeely in this round. The deal was completed through the ZASV Syndicate.
- Zeely plans to use this new investment to implement its integration with TikTok and payment systems and the expansion of their AI’s capabilities.