Ukrainian startup Getpin raises $400k investment from Presto Ventures

Getpin, a Ukrainian SaaS online marketing startup, has raised $400,000 in Seed funding from the Czech venture capital fund Presto Ventures. The investment is aimed at scaling the product in the CEE countries, as well as enabling Getpin’s entry into the markets of Latin America. The company told AIN.Capital the news.

• Founded in August 2019 by IT entrepreneur Volodymyr Leshchenko, Getpin is developing a SaaS online marketing tool that helps businesses with physical points of sale attract customers looking for goods or services nearby. The tool is used by over 100 SMEs in Central and Easter Europe, including Nova Post, Oschadbank FUIB, Stihl, Fora, and the Pekao Bank.

“Volodymyr is an incredibly dedicated founder who is determined to make Getpin a success no matter what. We have seen how effectively he has overcome the difficulties associated with the pandemic and the unfolding of war. The sustainable development of the product in such difficult conditions and its successful expansion beyond the borders of Ukraine convinced us to support the scaling of Getpin,”

Roman Novacek, Partner in Presto Ventures, notes.

• The solution basically allows its users to edit details about all business locations on digital maps, manage customer reviews and messages, improve the average rating of business locations, and centrally publish company news and offers at all locations.

“Since the start of Getpin, we’ve had an ambitious goal – to build a large global company that will become a leader in the international market. Our success is based on a profound understanding of customers’ needs and our commitment to resolving their problems. Therefore, we strive to attract like-minded people with shared values, a sense of humor, and irony – this helps us develop a transparent and effective multicultural organization inside Getpin,”

Getpin founder and CEO, Volodymyr Leshchenko, said.

• Currently, Getpin unites 27 specialists in Ukraine, Poland, Germany, Spain, and Romania and plans to expand the team. The company invites local representatives (Country Managers) in the CEE and LATAM regions, as well as specialists in the field of sales and marketing to get onboard.

Getpin will utilize the fresh funds to expand its team as well as enable its entry into the markets of Latin America.