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TECH ECOSYSTEM GUIDE TO UKRAINE
2019 4 5
Ukraine is experiencing exciting times – and we already have Our company has always strived to create a favorable and something to be proud of. This book is the first comprehen- stable environment for IT industry growth in Ukraine. It is a sive review of the Ukrainian tech ecosystem. You will learn very challenging task, which clearly can’t be done by a single about prominent startups, accelerators, leading product com- company. Having this in mind, Sigma Software was among panies, biggest investments, deals and cases. the originators of the EBA IT Committee to unite efforts with the leading IT companies in Ukraine and reach the common We sincerely believe that now is the best time to start your big goal. innovative business or expand it to Ukraine. We hope this book will convince you of that. Together we achieved a lot: in cooperation with leading universities created first strategic plan for IT education de- velopment in Ukraine, which was signed by Prime Minister; Max Yakover established a dialogue with State representatives; launched CEO and managing partner at the first industry researches; initiated business participation UNIT.City innovation park in Tax Code revision; strengthened Ukraine promotion as a strong IT hub, and more.
Sigma Software is glad to support UNIT.City in creation of Ukraine tech guide. We believe it will become a new step We are delighted to support the development of such impor- forward to attracting investments and promoting Ukraine tant guidebook. WNISEF is happy to partner with UNIT.City as a country with mature IT industry, huge talent pool, and in this effort given how crucial such visibility for the IT eco- developed infrastructure. system and for Ukraine. It is essential that international stake- holders have more information and contact access to the breakthrough Ukrainian startups and stakeholders. Valery Krasovsky CEO at Sigma Software Undoubtedly the technology sector has a strategic impor- tance to the Ukrainian economy and can redefine the way Ukraine is perceived globally in this age of digital transfor- mation.
Jaroslawa Z. Johnson Thanks to Ukrainian products and world-class teams President and CEO of Western over the past few years, our country has become a sort of NIS Enterprise Fund tech-phenomenon.
This guide makes it possible to assess the scale and quality of the Ukrainian tech industry.
Vadym Nehay CEO at Depositphotos 6
UKRAINIAN
TECH
[3] [4] INDUSTRY 184 700 $290M software in startup investments developers in 2018 with offices based in Ukraine
[1] 20% world's leading companies in software development for mobile platforms
[5] [6] 18 100+ IT service providers Fortune 500 companies have chosen Ukrainian present in the 2018 Global IT services Outsourcing-100 list
Volume of IT service exports for 2017 [2]
$3.6B 3.4% [7] [7] of GDP 4000 2nd tech companies largest export industry in 2018 8 9
[13] It is ranked [9] 146 000 [8] patents and utility 110+ models since 2007 24th R&D centres owned best country for by multinational software development corporations
2007 2009 2011 2013 2015 2017
1000+ [10] 50+ [11] 30 events for IT specialists, coworking spaces industry startups and investors and hubs communities every year
an innovation district
[12] [12] i n Kyiv 19 33 exits in 2017 investment deals 10
TRENDS Growth in exit numbers [16] 20 237% 19 According to the 16 7 GLOBAL 43rd out of 126 countries 12 INNOVATION in 2018 [14] INDEX, Ukraine 8 is ranked 4
2016 2017
Startup Investments [15]
Growing volumes of IT services $365M 4 3.5 180% $3.6B 3 $265M 2.5 2 = 44 deals with investment 2013 2017 companies
[16] Investment funds grow in number 2017 — Rise of the ICO
In 2018 the Western NIS 20+ following funds have Enterprise Fund been established (WNISEF) funds has launched operating in Ukraine 19 $160M successful attracted ICOs for investment in startups 12 13
STARTUP IT SERVICE INVESTMENTS EXPORTS
Investment volumes IT service export volumes $3.6B
Number of deals $3.1B $265M
$2.6B $2.4B
$2B
88
78 76 $146M 69
$97M 44 $80M
$42M
2013 2014 2015 2016 2017 2013 2014 2015 2016 2017 INVESTMENT OPPORTUNITIES INVESTMENT
/ MOST ACTIVE INVESTORS
/ LARGEST PUBLICLY DISCLOSED DEALS 2017-2018
/ FUNDS
INVESTMENT OPPORTUNITIES IN UKRAINE 01 / INVESTMENT OPPORTUNITIES 16 17
MOST ACTIVE INVESTORS IN [17] UKRAINE IN 2017
SE A ED D N U O D EE R S ES R P
EARLY L AT E S TAG E S TAG E 01 / INVESTMENT OPPORTUNITIES 18 19
ICO from Andreessen from Almaz Capital, ICO LARGEST Horowitz, GGV Y Combinator, Capital, Lightspeed AVentures Capital, PUBLICLY Venture Partners, U.Ventures, Digital Index Ventures, Future and others DISCLOSED Shasta Ventures, $7.9M Y Combinator and $25M TAAS DMarket DEALS SV Angel
2017-2018 $10M from Greycroft, Petcube Andreessen $37M Horowitz, Vaizra People.ai $13.7M YayPay Investments, ICO $130M Compound, FJ GitLab Labs and SMRK
from QED Investors, $4M from GV, ICO Birchmere, Hacken ICONIQ Capital, Information $5M Khosla Ventures and Venture Partners, Allset Goldman Sachs QED, Gaingels $70M 500 Fintech $30M Neuromation Fund and Fifth Rentberry Third Capital $5.5M CallPage
$4M ICO $20M from Innovation Preply Remme Nest, Market from One Capital and General Catalyst, from Credit China TDJ Pitango IVP and Fintech Holdings, from Nine $4.5M Restream Ventures Korelya Capital, Spark Capital Point ICO Naver Group, Macquarie Capital Capital, Dentsu, Armat and others Group, Lian Group and from $6M $110M iTech Capital Silverton Partners, DreamTeam $15.4M Grammarly Anorak Ventures, Propy $110M COLOPL, K Cube, BitFury Liquid2 and James Armstrong ICO ICO 01 / INVESTMENT OPPORTUNITIES 20 21
LARGEST AMOUNTS WERE INVESTED IN THE UKRAINIAN cumulatively – $130M invested in GitLab IT SECTOR BY FUNDS $130 000 000 110 000 000 110 000 000 cumulatively – $110M invested in Grammarly FUNDS WITH THE LARGEST SHARE OF EARLY-STAGE INVESTMENTS IN 2017
cumulatively – $110M invested in BitFury 01 / INVESTMENT OPPORTUNITIES 22 23
FUNDS 125+ investments
TA Ventures Founding partner: AVentures Capital Victoria Tigipko
Managing partners and TA Ventures is an international co-founders: Andrii Kolodyuk, VC fund investing in early- Yevgen Sysoev stage startups. Areas of AVentures Capital is a VC fund interest include mobility, established in 2012. Fund is focused digital health, SaaS, AI/ML, on cooperation with companies online marketplaces and that disrupt global markets while deeptech in fintech, and other using Ukraine and CEE-based sectors. R&D teams as a leverage in global taventures.vc competition. [email protected] The fund's investment focus spans across software tech, including such areas as machine learning, big data, AR, VR, SaaS, cloud, storage, enterprise, web, mobile, IoT and others. The fund invests in both early-stage startups and IT U.Ventures companies in the growth phase. Managing partners: aventurescapital.com Yaroslava Johnson, [email protected] Olena Kosharna
Western NIS Enterprise Fund created U.Ventures to find new investment opportunities. It is focused on launching new technologies at an early stage 460+ with world-class teams and global deals in 8 years growth potential.
u.ventures [email protected] 01 / INVESTMENT OPPORTUNITIES 24
$35M Western NIS Legacy program Enterprise Fund Export Local Economic (WNISEF) Promotion Development
Impact Economic Investing Leadership
WNISEF is funding innovative, high-impact, reform focused programs and aims to support Goals Find new markets and attract invest- Ukraine and Moldova at this critical ments period by developing sound eco- Western NIS Enterprise Fund nomic policy and leadership. Since Improve quality of life in cities and (WNISEF) is a $150M regional fund, 2015, WNISEF supported 100+ inno- villages a pioneer in Ukraine and Moldova vative and impactful projects in Encourage development of small and with more than two decades of total. medium entrepreneurship successful experience in investing Key projects: Export Promotion in small and medium-sized com- Educate responsible citizens Office, UkraineInvest, ProZorro, panies. WNISEF was funded by the ProZorro.Sale, CANactions School U.S. government incorporated with for Urban Studies, International the U.S. Agency for International Mayors Summit, Technovation Development (USAID). Since its Social Economic Ukraine, Social Entrepreneurship, inception, WNISEF’s cumulative Ukrainian Leadership Academy, impact impact investments total over $185M to SEED Grant. 129 companies employing around 27,000 people and made it possible 57,000 $19.1M In November 2017, WNISEF to unlock $1.8B for companies in Direct Beneficiaries funded launched a venture fund Ukraine and Moldova. U.Ventures to invest in early-stage In 2015 WNISEF has launched a technology startups. To date, 6M+ $3B+ $35M legacy program focused on U.Ventures invested $3.5M into 10 people reached unlocked / saved export promotion, local economic startups, including Petcube, Sixa, development, impact investing IO Technologies, eTachki, Rallyware, and economic leadership. 3DLook, YouTeam. 01 / INVESTMENT OPPORTUNITIES 26 27
FUNDS
Digital Future D2N8 Horizon Capital SMRK VC Fund Founding partner: Managing partners: Founder and CEO: Managing Partner: Oleksii Vitchenko Natalya Berezovska, Olena Kosharna Andrii Dovzhenko Ihor Shreibman Managing partner: Horizon Capital manages direct The fund invests in the following Volodymyr Nesterenko Detonate Ventures is an invest- investment funds with a combined areas: software for mobile OS ment and management company capital of more than $800M. The (mainly but not exclusively, iOS), Digital Future offers partners that acts as an early-stage investor, company’s funds are among the macOS software, casual/business access to outstanding Ukrainian also managing their own projects most active investors in the IT software, offline business’ online talents and technologies. Mainly in technology, media, telecommu- sector of the region, including, presence, B2C and B2B services focused on venture investments nications, marketing and strategic in particular, such companies as in the digital economy the fund smrk.vc consulting. Rozetka, Jooblе and many others. generally invests in projects at later [email protected] stages and, on occasion, at the seed d2n8.com horizoncapital.com.ua stage, in which case Digital Future [email protected] [email protected] gives preference to graduates of top accelerators, e.g. Y Combinator, TechStars, etc. digital-future.org [email protected]
Dragon Capital Managing partners: Chernovetskyi Yevgen Baranov, Imperious Group WannaBiz Investment Group Volodymyr Tymochko, Partners: Managing partner: Andrii Nosok Managing partner: Dmytro Shvets, Pavlo Aleshin, Alex Bornyakov Volodymyr Kryvko Kyrylo Mazur Dragon Capital is the largest in- WannaBiz is a seed fund for busi- vestment company in Ukraine. It CIG is among the largest venture Imperious Group is an Eastern- ness angels focused on global provides a full range of investment capital investors in East Europe European $25M VC with represen- early-stage projects in advertising banking and brokerage services with an investment potential of tative offices in the United States technologies and SaaS. for corporate and private clients. $100M. and Israel. wannabiz.com.ua dragon-capital.com cig.vc imperiousgroup.com [email protected] [email protected] [email protected] [email protected] COOPERATION WITH THE UKRAINIAN TECH ECOSYSTEM TECH WITH UKRAINIAN COOPERATION THE
/ UNIT.CITY / O2IT / ASSOCIATIONS & CLUSTERS / IT CLUSTERS / COWORKING SPACES & HUBS / ACCELERATORS & INCUBATORS / TECH EVENTS / COMMUNITIES
OPPORTUNITIES FOR COOPERATION WITH UKRAINE’S TECH ECOSYSTEM 02 / OPPORTUNITIES FOR COOPERATION 30 31 UNIT.CITY UNIT.City is one of the largest innovation districts in Central and 400+ Eastern Europe. events per year
It is UNIT.City is a point of a special place entry to Ukraine where businesses operating com- for international companies and a panies in creative and tech indus- magnet attracting innovation from tries have access to unprecedented around the world. infrastructure and ecosystem for growth and development. 8 accelerators
20 ecosystem projects
WE ARE CREATING A MODERN INFRASTRUCTURE AND A BENEFICIAL 75 ENVIRONMENT FOR corporate partners INNOVATION, BUSINESS, TALENT AND STARTUPS 02 / OPPORTUNITIES FOR COOPERATION 32 33 UNIT.CITY
T O D AY seats in the coworking space
laboratories Modern infrastructure blockchain with universal design, restau- VR/AR rants, fitness club, bike sharing product prototyping station, parking, etc.
digital innovation lab in the agricultural sector
students of first residents have done business together in the UNIT Factory IT School
m2
residents a community made up of business campuses 100 companies 02 / OPPORTUNITIES FOR COOPERATION 34 35
The EBA has almost 1000 member companies. The IT Committee brings together about 40 ASSOCIATIONS companies that develop software products and provide technology services.
European Business eba.com.ua & CLUSTERS Association (EBA) [email protected] IT Committee It is comprised of approx. 60 leading IT companies. The Association protects the interests of the IT A community of Ukrainian business angels who industry, cooperates with state authorities, local invest in innovative early-stage startups. Launched government and educational institutions. Objec- in 2014, UAngel brings together investors and tives: forming favorable conditions for industry IT Ukraine helps them to invest in both Ukrainian and inter- development and improvement of legislation, Association UAngel national companies as well as to form investment facilitating training of IT specialists and consolidat- syndicates. ing Ukraine’s scientific and production potential, uangel.com.ua promotion of services of the Association’s member [email protected] companies to foreign markets.
itukraine.org.ua [email protected]
Member of Invest Europe. The UVCA is comprised of nearly 60 investment funds and private inves- tors. Objectives include: attracting investors and protecting their interests, working with authorities to improve the investment climate, lobbying for Ukrainian Venture new investment mechanisms to expand invest- Capital and Private ment opportunities in Ukraine. Equity Association O2IT is a full-cycle BPO Consultancy & The company offers various service (UVCA) uvca.eu Services company that provides flexible packages combinations starting from [email protected] solutions for establishing and running standalone recruitment process out- own IT R&D centers in Ukraine. O2IT is sourcing to the full turnkey solution for the first on Ukrainian market to provide launching & supporting highly pro- The ACC brings together more than 600 all required expertise under one roof to ductive Teams-as-a-Product. Further- foreign companies and investors from 50 fully support «Your People. Your Office. more, the company provides access to countries operating in Ukraine and contribut- Your Rules» approach. The leadership the top junior talents via customized ing significantly to the Ukrainian government team brings 10+ years of experience in educational partnership programs with budget. The American Cham- IT outsourcing with North American, UNIT Factory and uData School. ber of Commerce chamber.ua European and Middle East clients and (ACC) IT Committee [email protected] 200+ successful projects delivered. o2it.solutions 02 / OPPORTUNITIES FOR COOPERATION 36 37 IT CLUSTERS 20+ cities have created their Lutsk own IT clusters Lviv Rivne Ternopil Chernihiv Kyiv Ivano- Khmelnytsky Frankivsk Zhytomyr Konotop
Lviv IT Cluster Chernivtsi Cherkasy Vinnytsia Sumy A community of leading IT compa- nies, which together with universi- Kharkiv ties and local authorities improve Zhovti and develop IT in the city. The cluster Vody Odesa has initiated the development of the Mykolaiv Lviv Innovation District. Dnipro Sievierodonetsk itcluster.lviv.ua Zaporizhia [email protected] Mariupol
Kyiv IT Cluster
A communication platform for Ky- iv-based IT companies that unites Kharkiv IT Cluster over 25 companies. They orga- IT Dnipro Community Kharkiv IT Cluster unites 73 leading nize events for cluster members companies and partners working including meetups with non-tech Odesa IT Cluster Community consists of 29 compa- in IT, software development and professionals, in particular, repre- The cluster brings together 18 com- nies and 4 partners. Well-known export-oriented development. sentatives of trade missions from panies, 22 international partners and projects include IT Dnipro Confer- EU countries. over 3,000 participants. ence and IT Biz Meetup. it-kharkiv.com [email protected] itcluster.kiev.ua it-cluster.od.ua itcluster.dp.ua [email protected] [email protected] [email protected] 02 / OPPORTUNITIES FOR COOPERATION 38 39
12/CoMMuna communa.net.ua COWORKING Lviv [email protected] 11/ITEA Hub 13/Startup Depot iteahub.com startupdepot.lviv.ua SPACES AND [email protected] HUBS [email protected] Lviv Chernihiv Zhytomyr Ivano- Kyiv Frankivsk 50+ Kyiv coworking Chernivtsi Cherkasy spaces Vinnytsia
01/Chasopys and Kharkiv Chasopys.UNIT Odesa chasopys.ua [email protected] 06/iHub Dnipro Sievierodonetsk ihub.world/ua 02/Coworking Platforma Zaporizhia [email protected] and Coworking Platforma Leonardo 07/1991 coworkingplatforma.com Civic Tech Center [email protected] 1991.center [email protected] 03/Creative Quarter creativequarter.net 08/Kyiv Smart City [email protected] kyivsmartcity.com [email protected] 04/HUB 4.0 Odesa Kharkiv, Dnipro 4hub.com.ua 09/Blockchain Hub Kyiv 14/Terminal 42 16/Fabrika.space [email protected] blockchainhub.one terminal42.com.ua fabrika.space [email protected] [email protected] [email protected] 05/DataHub – a network of coworking spaces 10/mOre 15/Impact Hub Odessa 17/Coworking 365 data-hub.com.ua more.company impacthub.odessa.ua coworking365.com.ua [email protected] [email protected] [email protected] [email protected] 02 / OPPORTUNITIES FOR COOPERATION 40 41
ACCELERATORS AND INCUBATORS
Sector X 1991 Open Data Incubator CEO: Andrii Komarovsky Founders: Denys Gursky, Viktor Gursky Mentors: Andriy Verbitsky, Marvin Liao, Vitaliy Bulda A non-commercial incubator that Ukrinnovate A B2B / BTC startup accelerator for Radar Tech supports big data startups. Clients Strategic Council: Gelena Savruk, and partners are government agen- teams from Ukraine and Eastern Partners: Max Yakover, Julia Denys Gurak, Viktor Kryvenko, cies, businesses, and civil society Europe in the field of big data, Poroshenko, Maxym Bakhmatov, Ihor Kabanenko, Igor Lisitsky, organizations. VR/AR, IoT. Olena Kalibaba, Denys Dovgopoliy, Viktor Kompaneiets, Julia Mironova 1991.vc sectorx.city Dmytro Shestakov [email protected] [email protected] A corporate accelerator focused An agency for incubation and on telecommunications, energy, implementation of innovative fintech and agriculture. defence technology projects. radartech.com.ua [email protected] ukrinnovate.com [email protected]
GrowthUP President: Denys Dovgopoliy AgroHub It is focused on providing assistance to startups in launching and build- Founder: Julia Poroshenko Concepter ing their businesses, attracting An agricultural innovation platform IoT Hub Accelerator Partners and mentors: early customers, and testing and that brings together startups and Vlad Tislenko, Ali Kutay, Founder: Roman Kravchenko verifying their primary hypotheses. corporations. It is specialized in Yaroslav Azhnyuk, Andrii Zdesenko A hub and an accelerator for The GrowthUP+ venture fund co- market analysis, regular industry and others IoT-startups focusing on robotics, invests in seed or pre-seed В2В / heat map and innovation reports, A Product idea accelerator focused smart home technology, smart В2С projects in both software and nurturing a culture of innovation in on hardware startups ready to clothing, drones, etc. hardware. the agro-sector. launch via crowdfunding. iothub.xyz growthup.com agrohub.org concepter.co/accelerator [email protected] [email protected] [email protected] 02 / OPPORTUNITIES FOR COOPERATION 42 43
TECH EVENTS 1,600 UNIT Fintech Forum attendees 7,000 It is an innovation and technology attendees in forum for the banking industry, ITEM seven years including blockchain and cashless The conference is dedicated to IT economy. The event is conducted and software development. It is by UNIT.City innovation district and Lviv IT Arena IT Weekend Ukraine held annually since 2013 in Dnipro. UFuture Investment Group. A conference for industry’s top ma- A series of international IT confer- Visitors include top managers, tech- nagers, project managers, startups, ences was held in different cities fintech.unit.city/forum nical directors, PMs, developers and developers, designers, business of Ukraine, as well as in Poland QAs. Estimated number of visitors analysts, etc. The conference is held (Wroclaw) and Bulgaria (Sofia). is 1,600. annually since 2014 in Lviv, attract- 90% of the “weekend” speakers item.com.ua ing visitors from Eastern European are world class experts. Over 7,000 countries. The 2018 edition was IT specialists and 275 speakers at- attended by 3,300 participants. tended more than 80 conferences in seven years. itarena.ua itweekend.events Devoxx Ukraine (former JavaDay) According to a respected online 500 12,000 portal DOU.ua, Devoxx Ukraine is attendees attendees among the top 3 events for soft- ware developers in Ukraine. The event attracts an audience of more SaaS Nation than 1,000 visitors. World-renowned iForum UNIT Investment Summit Java experts are among the fea- A Software-as-a-Service oriented conference aimed at founders, C The main event for the internet A conference for investors, venture tured speakers of the conference. funds, business angels, internet and VP level partners and mana- industry dedicated to startups, in- devoxx.org.ua gers. Speakers work in top mana- ternet marketing and advertising, entrepreneurs, startups, ecosystem gerial roles for Ukrainian and Euro- software development, education, leaders, and IT professionals from pean product companies develop- blockchain and cryptocurrencies. over 10 countries in Central and ing SaaS platforms. The event has been held annually Eastern Europe and Ukraine. Sum- mit organizer is UNIT.City innova- 1,000 in Kyiv since 2009. In 2018 it was attendees saas-nation.com attended by 12,000 participants. tion district.
2018.iforum.ua 42.unit.city/investment-summit-18 02 / OPPORTUNITIES FOR COOPERATION 44 45
2,000 COMMUNITIES attendees Kyiv Outsourcing Forum 600 Founders: Olexandra Govorukha, Inna Stelmakh The largest Ukrainian forum for attendees product- and service-based IT com- An open Facebook community with 3,000 peo- panies. The forum has been held in ple. Participants attend international tech events Kyiv since 2008. It attracts around to find business partners and investors. They re- .Net Fest 2,000 visitors annually. Among them UTEW (Ukrainians gularly meet offline in order to share best business are top managers of large and me- The main conference on .NET de- at Tech Events of the development practices and better represent dium-sized IT companies. velopment in Ukraine. It is devoted World ) Ukraine in the international tech community. to the latest technologies in the utew.tilda.ws/utew outsourceforum.org industry as well as their practical application. Size: around 600 vis- itors. The conference is hosted by leading experts from Ukraine, CIS and the rest of the world. Founder: Olexandra Syrovatko
dotnetfest.com A community for Data Science professionals. They organize industry conferences and meetups, Mobile Beach Conference Odesa support their members with educational and re- Europe’s fastest growing conference Data cruitment opportunities, spread awareness and on mobile, programmatic, VR and Science UA conduct trainings. AR. data-science.com.ua mobilebeach.rocks 1,000 participants
Founders: Olexander Maydanyuk, Maryna Shevchenko JEEConf A community that hosts «testathons» – hack- This international conference ca- athons for software testers. Participants chal- QA Fest ters to Java professionals. It has Test UA lenge themselves with new projects, receive It is the largest testing conference been held in Kyiv for 8 consecutive startups feedback and build up their experience. Tech in Ukraine. Is held annually since years and attracts world-class spea- products of various maturities can get their pro- 2013 in Kyiv. Speakers include ex- kers. In 2018 experts from Twitter, ducts tested for free. Well-known Ukrainian perts from Ukraine, CIS and other Pivotal and others appeared at startups like Petcube, Recap, EdEra and others countries of the world. JEEConf. provided their products for testing. qafest.com jeeconf.com testuastartups.com 02 / OPPORTUNITIES FOR COOPERATION 46 47
A community for project managers operating as The IT Community was founded in 2014 as an a platform for networking and sharing best prac- information and communication source. There IT tices. They organize discussion clubs and annual specialists of different levels can share their expe- PM Forums attracting participants from Ukraine rience about new products and their configura- and Europe. tion features. The community is supported by the PM community IT community efforts of authors who represent different areas spiderproject.com.ua/community/about of information technologies. It is an open project, and anyone can apply and publish materials and subsequently become a permanent contributor. it-community.in.ua A public organization, which is a platform for communication and information support for cryptocurrency and blockchain specialist proto- cols. Founded by Blockchain Hub Kyiv. A community for female executives in IT, foun- Bitcoin bitcoinua.org ders of startups, investors, venture capital part- Foundation ners, top managers and executives in IT compa- nies. It was founded by TA Ventures and SLOVA Tech PR. WTECH UNIT.City innovation district members’ club. The wtech.club community organizes educational and networ- king events for residents, meetings with inves- tors. They established the EiR mentoring program in Ukraine, which is also opened for non-residents The Community was created for Ukrainian develo- UNIT Residents of the district. pers from tech companies. They hold informal Club meetings on Fridays in order to exchange ideas, The community provides UNIT.Perks, a pack of news and have fun. exclusive perks from about 70 international and Ukrainian companies that operate worldwide. Silicon facebook.com/SiliconDrinkaboutKiev Drinkabout unit.city/residents
A Facebook community includes 900 members The largest community of Ukrainian software for experience exchange among C and VP level developers, founded in 2005. founders, managers from SaaS companies. dou.ua facebook.com/groups/633153890179957 SaaS Nation Developers.Org.Ua Community KEY EDUCATIONAL PROJECTS
/ KEY TECHNICAL HIGHER TECHNICAL / KEY INSTITUTIONS EDUCATION COURSES SCHOOLS AND / IT
PROJECTS
EDUCATIONAL EDUCATIONAL KEY 03 / KEY EDUCATIONAL PROJECTS 50 51 KEY TECH UNIVERSITIES
National Technical University of Kharkiv National University of Ukraine “Ihor Sikorsky Kyiv Radio Electronics Polytechnic Institute” Number of students: 11,000 Number of students: 30,000 According to the Kharkiv IT Cluster this is The largest technical university of №1 education institution for IT special- Ukraine. It is one of the world’s top 1,000 ists in Kharkiv. It is also one of the best best universities (ranked 501st in QS educational institutions in Ukraine in the World University Rankings) and is one of field of radio electronics, telecommuni- the best universities in the CIS (category cations, information technologies and B “very high level of graduates training”). computer engineering. [18] The University comprises nine institutes 200+ 16,000 and 19 faculties, as well as a design bu- reau and a sci-tech association. Among institutions where they specialists per the specialties are mathematics and teach IT specialties annum engineering, telecommunications, com- puter science, space technologies, etc.
On the basis of NTUU “KPI” an ecosys- tem for the development of innovative projects Sikorsky Challenge has been IT training is provided by higher education institutions of various types created. It includes startup school, the of ownership in all big cities of the country and by dedicated courses festival of innovative projects, incubator, National Technical University that often cooperate with IT companies and communities so that gra- technological environment Sikorsky Lab, “Kharkiv Polytechnic Institute” duates’ knowledge meets the needs of the market. intellectual property center, venture fund, etc. Number of students: 22,000
According to the DOU.ua, during 2016, 35,000 specialists were trained, One of the world’s top 1,000 best univer- and a year earlier – 30,000. sities (ranked 701st in QS World University Rankings). The institute offers training programs in eight IT fields. The university is included in the Microsoft IT Academy, Oracle IT Academy programs and trains students for the Cisco Academy program. 03 / KEY EDUCATIONAL PROJECTS 52 53 IT COURSES AND SCHOOLS
Zhukovsky National Aerospace Taras Shevchenko National University “Kharkiv Aviation University in Kyiv Institute” Number of students: 25,000
Number of students: 8,000 One of the world’s top 500 universities in the world (ranked 431st in QS World Uni- KhAI prepares technical specialists in the Computer academy “STEP” Main Academy versity Rankings) and holds top positions fields of aviation and aerospace technolo- Established in 1999 Number of graduates: over 6,000 in national ratings. It hosts Startup Busi- gy, automation, instrumentation, informa- Number of graduates: 95,000 ness Incubator Business School. Their tion technology, cybersecurity, telecom- Location: Kyiv, Lviv, Kharkiv, Odesa, students have an opportunity to gain ad- munications and others. It is specialized in long-term professional Ternopil, Vinnytsia, Mykolaiv, Kherson, ditional insights on how to organize their and children’s IT education. Has a license Zaporizhia, online own business and get to know investors. from the Ministry of Education and Training programs: Science for training 300 bachelors and QA, frontend development, Java, PHP, 100 masters every year. Graduates of the C#, Python, Android. academy work in all major IT companies of the country. The academy has schools mainacad.com in most of the country’s regional centers and in Kyiv.
Location: 18 countries of the world, in Ukraine – Kyiv, Kharkiv, Dnipro, Odesa, Lutsk, Lviv, Rivne, Vinnytsia, Mykolaiv, Zhytomyr, Khmelnytskyi, Chernihiv, Pol- tava, Kamyanske, Kryvyi Rih, Zaporizhia, Lviv Polytechnic National National University Kherson, and Mariupol CyberBionic Systematics University “Kyiv-Mohyla Academy” Training programs: software develop- Number of graduates: 3,000 annually Number of students: 25,000 Number of students: 3,500 ment, computer and mobile games, Location: Kyiv, online The University holds top positions in all This higher education institution holds computer graphics and design, net- national ratings of higher education in- top positions in local ratings, cooperates working and security, QA, frontend Training programs: Java, Python, C#/. stitutions. The Tech StartUp School was with dozens of international educational development, etc. NET, frontend development. created on the basis of the university. institutions, academic and cultural com- munities. itstep.org edu.cbsystematics.com 03 / KEY EDUCATIONAL PROJECTS 54 55
UNIT Factory Sigma Software University SoftServe IT Academy Ukrainian IT School
Number of students: 900 Number of graduates: 600 annually Number of graduates: 1,600 annually Number of graduates: 1,600 annually
The education system is based on the A learning platform to share knowledge One of the SoftServe University divisions. Location: Kharkiv, Mykolaiv and experience with the IT community in method of the French school “42”, where Employment rate of graduates is about Training programs: web design, layout, Ukraine. The target audience for its train- students study peer-to-peer (from each 70%. frontend advanced, JavaScript, PHP, QA, other) with gamification elements. ings varies from interns up to senior level Location: Lviv, Kyiv, Dnipro, Kharkiv, automation QA, English for IT. Students are working on real tasks in professionals. Rivne, Ivano-Frankivsk, Chernivtsi, Sofia, real companies, and in addition to pro- uitschool.com Location: Kyiv, Odesa, Lviv, Kharkiv Wrocław, Białystok, Gliwice fessional skills they acquire teamwork skills, as well as the ability to reveal their Training programs: Java, JavaScript, PHP, Training programs: DevOps, Web UI, creative potential. Android, iOS. Java, C++, .NET, iOS, etc.
Location: Kyiv university.sigma.software career.softserveinc.com/uk-ua/technology
Training programs: game developer and mobile app developer, web developer, GoIT software architect, security specialist, Number of graduates: over 2,000 annually and others. Location: Kyiv, online unit.ua Training programs: Fullstack, QA, Java, PHP Wordpress, etc.
goit.ua QALight
Number of graduates: over 8,000 Projector Location: Kyiv, Lviv Number of graduates: 1,500 annually LITS (Lviv IT School) Training programs: testing (basic unit, Location: Kyiv, Odesa, Lviv, London, Number of graduates: 2,000 testing of web services, mobile appli- Prague, Berlin, online uData School Location: Lviv, Odesa, Mykolaiv, Ivano- cations, etc.), development (HTML5 Training programs: over 60 courses in Number of students: 90+ Frankivsk, Chernivtsi and CSS3, JavaScript Basic, FullStack Web Developer, etc.), tech skills (Unity six subjects – UI/design, graphics and Location: Kyiv Training programs: ML, Python, Web UI, and network basics, Big Data, Hadoop, media, gamedev, coding and program- QA, product management, scrum and etc.), soft skills (IT Product Manager in ming, urban design, marketing and Training programs: mathematical edu- agile, UX/UI, business development, etc. IT, etc.) management. cation for data science professions. lits.ua qalight.com.ua prjctr.com.ua udata.school
R&D CENTERS
/ R&D CENTERS / LABORATORIES
CENTERS
R&D R&D 04 / R&D CENTERS 58 59
Acquired by R&D Amazon for $1B Snap Samsung R&D Institute Headquarters: Ukraine CENTERS San Francisco, USA Headquarters: Seoul, Republic of Korea Offices: Kyiv, Odesa Offices: Kyiv Number of employees: 200 Ring Number of employees: 600 Headquarters: It was a Ukrainian office of Santa Monica, USA the company that created Ukraine has one of the larg- There are USA is the largest lenses for iPhone X. Apple est R&D centers in Europe R&D partner of Offices: Kyiv used them in a PR campaign. that develops expertise in the areas of artificial intelli- Number of employees: 500 Company profile: Snapchat gence and machine learning. Startup Ring was developing filters, Face Tracking Tech- the “smart” door locks and nology. Company profile: computer had its R&D office in Ukraine. vision research and human- [19] 110+ 45% In 2018 the Amazon Corpo- computer interfaces, new ration purchased Ring for types of multimedia content R&D centers of the companies $1B. Following the acquisi- use and creation programs, in Ukraine tion, the company’s offices converged devices (device-2- in Ukraine continued their device, device-2-cloud), in- Plarium work. formation security, artificial intelligence, natural language Headquarters: Company profile: software processing (NLP), human- There are over 110 research telecommunications, Internet, Herzliya, Israel development in the field computer interaction (HCI), and development centers in software development and of machine learning, compu- Offices: Kyiv, Lviv, Kharkiv, information retrieval, com- Ukraine. Ukraine’s largest R&D other fields. ter vision, intelligent data Odesa putational intelligence. partner is the United States More than half of the R&D centers analysis. (45% of companies), followed by are located in Kyiv. Other major Number of employees: 1,200 EU and Israel. Areas of expertise research centers are located in of Ukrainian R&D centers in- Plarium develops mobile Dnipro, Lviv, Kharkiv, Odesa and clude games, e-commerce, big and social games with a total Vinnytsia. data and artificial intelligence, audience of 250M users. It has 1,200 employees and 8 studios.
Company profile: mobile and social games for Android and iOS. 04 / R&D CENTERS 60 61
NetCracker Astound Commerce Oracle Huawei Sigma Software Gameloft Headquarters: Boston, USA Headquarters: Headquarters: Redwood, Headquarters: Shenzhen, Headquarters: Stockholm, Headquarters: Paris, France San Francisco, USA USA PRC Sweden Offices: Kyiv, Odesa, Sumy Offices: Kharkiv, Lviv Offices: Kyiv, Vinnytsia, Offices: Kyiv, Kharkiv, Lviv, Offices: Kyiv Offices: Kyiv, Lviv, Kharkiv, Number of employees: Number of employees: 600 Chernihiv, Uzhhorod Dnipro, Odesa Odesa 1,000 Number of employees: 150 Famous French video game Number of employees: 600 Number of employees: 500 Number of employees: any Company’s clients are AT&T, Huawei is one the largest developer for various plat- Sigma Software specialist France Telecom, Deutsche It is one of the world’s lead- In 2015, the company pur- suppliers of telecom equip- forms. with good ideas can join Telecom, DHL. Over a thou- ers in e-commerce develop- chased Ukrainian Maximizer ment and smartphones in R&D. The number is cur- Games of the company are sand of the 5,000 program- ment. Four out of seven de- and thus multiplied the pre- the world. It is rapidly de- rently over 850. distributed in 100 countries, mers, analysts and other IT velopment centers are loca- sence of R&D centers in veloping its R&D office in the total audience of about specialists of the company ted in Ukraine. Ukraine by two. Ukrainian IT Ukraine. One of the largest software 157M users. The tenth of are working in Ukrainian specialists specialize in cloud development companies in Company profile: e-com- Company profile: consumer 6,000 Gameloft employees R&D. solutions. Ukraine. It is included in The merce solutions, including electronics, IT solutions for are working in Ukraine. 2018 Global Outsourcing-100 Company profile: telecom- development, UI/UX design, enterprises, telecommuni- rating. The company develops munication processes man- business analytics. cations. its own expertise and provides agement services. consulting services in IT. Has R&D centers in all Ukrainian cities where the company operates.
Ericsson Company profile: informa- Wargaming Headquarters: Stockholm, tion, AR/VR, blockchain, ma- Headquarters: Minsk, chine learning, data science, Siemens Sweden Republic of Belarus Playtech Playtika AI, cybersecurity. Headquarters: Munich, Offices: Kyiv, Lviv Headquarters: London, UK Offices: Kyiv Headquarters: Tel Aviv, Germany Number of employees: 300 Offices: Kyiv Israel Number of employees: 400 Offices: Kyiv, Lviv Their first office in Ukraine Number of employees: 600 Offices: Kyiv, Dnipro, Vin- The largest game developer Number of employees: 300 was opened in 1995. The nytsia in the CIS with an active au- company opened its R&D The largest online software Company’s Ukrainian office dience of more than 60M Number of employees: 750 center in Lviv following the developer on the London is engaged in IT implementa- users of the flagship game acquisition of Ericpol. Stock Exchange with a One of the world’s largest tion in several industries. The World of Tanks. Almost 400 capitalization of $2.18B. The social casino games devel- company’s solutions are used Company profile: cloud tech- of 2,200 company’s specia- company employs a team of opment companies. there. nologies and IP. lists work in Ukraine. 5,000 professionals. 04 / R&D CENTERS 62 63 LABORATORIES
Fabricator/FabLab DIY Lab ARTKB One of the largest prototyp- A workshop with state-of-the- A full-cycle hardware prod- ing laboratories in Ukraine art equipment for making uct development bureau and a part of the FabLab and prototyping (3D printers, (idea inception, mass pro- global network. vacuum presses, robot de- duction, design, certification signers, etc.), as well as the The company has modern and worldwide logistics). space for workshops and a equipment, expertise and place where expert apprais- The bureau created HushMe – licensed software. The com- als of a hardware project can a personal headset that pany’s purpose is to form the be obtained and included in makes the conversation community, exchange ex- the accelerated program. inaudible to those who are pertise and develop open- around the user. In 2017, the source projects. kiev.diylab.org project raised $170,000 on [email protected] fabricator.me crowdfunding platforms. [email protected] In 2018, the model was showcased at the Interna- tional Consumer Electronics Show (CES).
Syngenta [email protected] Digital Innovation Lab artkb.net became sixth in the global Sensorama VR/AR Lab network of LTI Syngenta. The A virtual and augmented laboratory’s activities are reality laboratory where you aimed at providing digital can get acquainted with innovations to Ukrainian technology, gain knowledge agricultural producers, as or access to AR/VR project well as serving agribusiness development equipment. needs in other European countries. sensoramalab.com [email protected] syngenta.ua
PRODUCT COMPANIES
/ SUCCESSFUL PRODUCT / SUCCESSFUL PRODUCT COMPANIES STARTUPS / PROMISING
COMPANIES PRODUCT PRODUCT 05 / PRODUCT COMPANIES 66 67
Products SUCCESSFUL PRODUCT COMPANIES DEPOSITPHOTOS Depositphotos Lightfield.Productions
A commercial platform that brings authors of Production studio and a creative space in high-quality licensed stock photos, graphics, Kyiv, the largest photo studio in Ukraine and $8M vectors and videos together with buyers of one of the largest studios in Europe. 15 shoo- from content from all over the world. The photobank ting stages located over an area of 2,500 m2. more than TMT Investment, offers over 90M images and 4M videos. The Studio’s clients include H&M, Pepsi, Canon, European Bank for Vodafone, Cosmopolitan, Porsche, Nestle, Elle. depositphotos.com Reconstruction and 400 lightfield.ua employees Development
Year founded: 2009 50 languages Photobank
Founder: Dmytro Sergeev CEO: Vadym Nehay Crello Bird in Flight
Depositphotos is one of the leaders of the In 2015, the European Bank of Reconstruction The product was developed by Depositphotos Online magazine on photography and visual Ukrainian tech industry. A serial entrepreneur and Development together with TMT Invest- team and launched in June, 2017. This is an culture. Dmitry Sergeev founded the company in 2009. ments invested in the company $5M more. To- interactive online graphic tool that allows users birdinflight.com day, Depositphotos is an ecosystem consisting to create visuals in 36 different formats, includ- The first four years, Depositphotos developed of several products, which complement each ing animated videos, visuals for social networks one product – a photobank with a microstock other. More than 400 employees work with and advertising, multipage presentations, and model, where photos, graphics, and videos clients from 192 countries of the world. print materials. from contributors from all over the world are distributed under the Royalty-free license; Depositphotos’ head office, where the most Crello offers over 12,000 free templates and a content contributors earn from each license employees work is located in Kyiv and the lot of free content such as photos, badges, pat- WA S purchase and the photobank earns its commis- headquarters is situated in New York. terns, vectors, frames, shapes, and illustrations. sion from each purchase. crello.com Popular media on history, which constantly In 2011, Depositphotos received $3M invest- depositphotos.com looks for an out-of-the-box and unhacked pre- ments from TMT Investments. sentation formats. was.media 05 / PRODUCT COMPANIES 68 69
100M $14M apps SUCCESSFUL of investments downloaded PRODUCT Petcube Year founded: 2012 Readdle Smart gadgets for pets Year founded: 2007 COMPANIES 6.9M Software for macOS and iOS As a matter of fact Petcube created the whole category of $30-45M users a day This Ukrainian company from smart devices for a remote pet Odesa was one of the first to monitoring and took there the begin developing apps for the largest share. Company iPhone even before the cre- Viewdle valuation ation of the App Store. Currently, the company’s port- Year founded: 2006 Snapchat folio includes three models Grammarly Readdle started with a service Face recognition technology $1.1B that sold in 2,500 U.S. brick $150M Year founded: 2009 for reading books and docu- and video processing and mortar stores and on Am- ments in Safari. Now an audi- GitLab Intelligent online text quality azon; they can be purchased When this startup was launched, ence of their services is 90M checking service in many countries around the its technology was the first one Year founded: 2011 users. world. In 2017 startup acquired that made it possible to iden- Git repository management Grammarly checks spelling and Looksery readdle.com canadian Petbot company as tify a person without physical gives tips on correcting gram- well attracted $10M of invest- contact. Opensource system for hosting Year founded: 2013 mar and improving stylistics ment. git repositories raised $110M in The software that allows you and structure of the written In 2012, Viewdle became the a series D round in 2018. to apply filters to faces in content using a machine learn- petcube.com first Ukrainian company ac- ing technology. Iconiq Capital led the round, photos and videos quired by Google, which paid $30 to 45M for the project ac- with participation from GV, The startup has developed a Until 2015, the service was only cording to expert estimates. In Khosla Ventures and Goldman mobile app that uses AI to available by subscription ($30 2M 2014, the startup was closed Sachs. According to the plat- apply filters to faces while per month). Currently, the ser- Jooble form founders, the company’s shooting photos and videos. visitors a day and its specialists were trans- vice is free, but a paid version Year founded: 2007 ferred to Google. Most of them valuation within the round with advanced options is availa- In 2014, Looksery raised Job search service started working at Motorola amounted to $1.1B, making ble. In 2017, Grammarly raised $46,000 in the Kickstarter Mobility division of Google. GitLab the first Ukrainian “uni- $110M of its first investment, It is in the top 5 largest job campaign, which exceeded corn”. More than 100,000 com- which was a record for Ukraine search services in the world, the funding target by 50%. In panies use GitLab, including at the time. At present, its au- and boasts a daily audience 2015, it was acquired by Snap- Ticketmaster, ING, NASDAQ, dience is 6.9M active users of 2M visitors. It operates in 61 chat for $150M. The Looksery Sony, VMWare, and Intel. every day. countries. software became a part of this gitlab.com social media platform. grammarly.com jooble.org 05 / PRODUCT COMPANIES 70 71
Facebook $5.5M MacPaw 1,000+ of investments Competera Year founded: 2008 licenses Terrasoft Year founded: 2014 Software for macOS Year founded: 2002 SaaS platform for e-com- MacPaw created CleanMyMac Preply BPM and CRM systems merce app, which boasts a million- Year founded: 2012 Terrasoft is a group of compa- wide audience in the world, Competera has two major An online platform that $100M nies that develops corporate products: competitors’ activity as well as many other services trade brings together tutors and software, offers IT consulting, for macOS. The company’s turnover analytics platform and price students CRM implementation and en- customers include Facebook, optimization service. Compet- terprise automation services. which purchased thousands Preply is an online platform era has more than 120 corpo- Terrasoft’s customers include of licenses for its employees. 5M that connects students with rate clients from 26 countries, visitors language tutors. The system thousands of companies including: OBI, Deloitte, Acer, MacPaw software periodically per month EVO around the world: OTP Bank, appears on the first page of uses machine learning to rank LG, Watsons, Panasonic and candidates and acts as a gua- Kraft Heinz, OKI, Bayer Crop- the Mac App Store ranking. Year founded: 2008 others. Competera offices rantor of financial transactions Science, etc. Marketplaces are located in three countries macpaw.com between the parties. around the world. terrasoft.ua A group of companies oper- The service operates in Ukraine, ating in several CIS countries. competera.net Template Monster as well as in several European The monthly audience of mar- and Latin American countries. Year founded: 2012 150M ketplaces totals 121M users; In the past two years Preply users per the turnover reaches almost Website solutions month $250,000 raised $5.5M from several inve- $100M. Template Monster is in the top stors, funds and the TechStars Genesis The EVO marketplace group Concepter 3 of global vendors for web de- accelerator. Year founded: 2009 Year founded: 2013 includes such projects as velopment solutions. The com- Online media, e-commerce preply.com ZeoAlliance Smartphone accessories pany develops templates for Prom.ua, Satu.kz, Deal.by, popular content management It is one of Ukraine’s largest IT Bigl.ua, Zakupki.prom.ua, Year founded: 2010 IBlazr mobile flash developer. systems (WordPress, Drupal, product companies (800 full- Kabanchik.ua, Kabanchik.by, Company’s gadgets are sold in Software for macOS Joomla, etc.) and e-commerce time employees) operating in MegaMaster.kz, Crafta.ua, and 40 countries around the world, the markets of African and Asian Vchasno.com.ua. The company including branded Apple stores. platforms (Magento, Shopify, ZeoAlliance comprises several countries, as well as the USA merged with Rozetka in sum- Concepter was first Ukrainian osCommerce, and many more), popular projects, including: and Europe. In the autumn of mer 2018. startup that appeared there. as well as HTML5 and Bootstrap ZeoBIT, which developed 2018 the company has launched In 2017 Concepter opened the templates, corporate style ele- evo.company Mackeeper, an application an investment fund for projects division of consulting for start- ments, etc. Its monthly audi- to optimize macOS, and in media, mobile software de- ups and launched accelerator ence totals 5M visitors from all Zoomsupport, a 24/7 support velopment, AI and healthcare. program. over the world. service. concepter.co templatemonster.com gen.tech zeoalliance.com 05 / PRODUCT COMPANIES 72 73 PROMISING Ajax Systems Clients Year founded: 2011 Kodisoft Year founded: 2002 Wireless security systems and STARTUPS $8.5M investments smart homes Interactive tables for pub- lic institutions (including Ajax creates smart security restaurants) systems and devices for smart Over the course of 16 years home. Ajax’s portfolio includes of its existence, the compa- 17 security gadgets that are YouScan ny changed several areas of in high demand in dozens of Monobank Allset activity, which were all were Year founded: 2009 $37M countries in Europe, the CIS, related to IT. Currently, interac- investments Year founded: 2017 Year founded: 2015 Asia, and South America as Social media monitoring tive tables for restaurants and Mobile Bank without offices Table booking and food a high-quality alternative to system other public institutions are ordering app expensive brands. The produc- YouScan is a service for marke- People AI This bank is the first in Ukraine the most famous products of tion is based in Ukraine. ting specialists, PR profession- Year founded: 2016 and one of the first in Europe Kodisoft. Allset is a restaurant reserva- In 2015, the startup raised als and anyone who wants to Sales department manage- mobile banks to work com- tion and pre-ordering service kodisoft.com $1M of investment. Currently, know what consumers think ment and control platform pletely without physical bran- that allows clients and venues approximately 100,000 units about their products. It scans ches. More than 500,000 cus- to reduce waiting time. The People.ai analyses the activity of products are manufactured reviews in social media, blogs tomers signed up in Ukraine app is free for end users, but of sales managers based on each month. and forums, and presents re- within the first year of its ope- the company takes a 10% com- CRM records and communi- sults in the form of convenient ration. Currently the team mission off the venues. ajax.systems reports. cation with clients in messen- is planning to enter the UK The company operates in Paymentwall gers and e-mail. In 2016, the market. Customers of the service in- startup raised $450,000 in the more than 1,500 locations in Year founded: 2010 clude Google, Yandex, Coca angel investment round and monobank.com.ua 11 US cities and serves about Payment services Cola, Nestlé, Samsung, and an investment from Garage 25,000 orders a month. In 2016 others. and 2017, the startup raised Payment wall’s portfolio Technology Ventures. During $3.5M and $5M of investment, includes several financial youscan.io the first two years of operation, respectively. 100,000 projects operating in differ- People.ai got into Y Combi- er nator, became #1 in the B2B 700,000 evices p ent countries and perform- allsetnow.com d clients in ing functions ranging from segment among residents of month Ukraine processing to a gateway for the accelerator, raised another merchant accounts (Brick, $37M investment, and got its PayAlto, SpiderPipe, Offerwall, first customers. and others). people.ai paymentwall.com 05 / PRODUCT COMPANIES 74 75
Solar Gaps $1.6M ICO of investments Delfast PassivDom Cardiomo Care Year founded: 2016 $25M Year founded: 2017 Year founded: 2016 Year founded: 2014 The world’s first smart blinds Manufacture of electric Off-the-grid energy-efficient Smart heart condition moni- collecting solar energy bicycles houses toring gadget SolarGaps smart blinds use a Dmarket The Ukrainian electric bicycle PassivDom founders intended Cardiomo tracks the heart window area for green energy Kwambio Delfast was launched on Kick- Year founded: 2017 to create a fully off-the-grid rate 24/7 and sends geolo- accumulation, decreasing Year founded: 2014 starter crowdfunding platform Blockchain marketplace for house that you can print on a cation-tied alerts to contact electricity bills and reducing 3D printing in 2017. An unprecedented range gamers 3D printer by yourself and that phone numbers in case of CO emissions. For two years of on a single charge is the peculia- 2 Kwambio is an additive manu- does not need connections to problems. In 2016, the project its existence, the project raised Dmarket is a blockchain-based rity of this model. Delfast trav- facturing company and a de- centralized electricity and wa- entered the final of New York $700,000 of investment from marketplace that enables eled 367 km on a single charge veloper of unique products ter supply networks. Currently, Starta Accelerator program, the European Union, the Euro- gamers to convert their gam- and was registered in the with implementations in a the startup builds such houses and raised $130,000 from pean Bank for Reconstruction ing achievements into real Guinness Book of Records. variety of fields. at prices starting at $64,000. Starta Accelerator for 7% of the and Development, AVentures, money. In 2017 the startup has delfastbikes.com stock. Effective investments, an angel kwambio.com raised $25M through an ICO. passivdom.com investor, HAX Accelerator, IoT dmarket.io cardiomo.com Hub and through successful Kickstarter and Indiegogo campaigns. The project cur- ICO YouTeam rently boasts $175,000 of up- Year founded: 2017 $190,000 $4M of investments front sales in the B2C segment Marketplace and $5M in the B2B segment, YouTeam is a marketplace for as well as of distribution con- Distributed Lab Influ2 assembling offshore software tracts in 30 countries. Year founded: 2017 development teams. They are Year founded: 2014 Hacken solargaps.com the fourth Ukrainian company Blockchain technology com- Advertisement microtarget- Year founded: 2017 that had participated in the petence centre ing solution Hideez prestigious Y Combinator acce- Cybersecurity ecosystem Distributed Lab is engaged in Year founded: 2015 leration program in the United The project was founded in the project blockchain-based projects and Identity and access manage- States. The platform connects a summer of 2017. In Autumn in the organization of events In 2017, the startup raised $4M ment solutions global pool of vetted software 2017, it raised $1.4M of angel and training specialists in this in ICO, and attracted John development providers with investment and was presented Hideez has several products in field. The project team includes $700,000 McAfee and Steve Wozniak to startups and SMEs setting up at TechCrunch Disrupt. In May its portfolio: Key, Lock, Wallet developers, researchers, and 2018, it was launched in open of investments participate in the bug tracking or scaling their remote software and Enterprise Server. analysts. marathon as advisers. development teams. access. hideez.com hacken.io youteam.io distributedlab.com influ2.com 06 / IT SERVICE COMPANIES 78 79 IT SERVICECOMPANIES
IT SERVICE COMPANIES 06 / IT SERVICE COMPANIES 80 81
70% UKRAINE IN development
THE GLOBAL IT SERVICES 30% EXPORT consulting, R&D, analytics, IT MARKET and other services
Estimated volume of the export of IT industry, $
st th 8.4B
place in Europe place among the 55 most 1 24 [20] in terms of the volume attractive countries Volume of the of IT service exports[19] export of IT industry, $ 5.4B
4.5B
3.6B 3B th th 2.7B
place in the top 50 place in the world in terms of 11 [21] 7 world’s developers quality and efficiency of the freelance workforce 2015 2016 2017 2018 2020 2025 06 / IT SERVICE COMPANIES 82 83 UKRAINE ON IT MARKET
The 2018 Global Outsourcing-100 global ranking Ukrainian IT companies and includes companies with offices in 18Ukraine
Currently, the largest Ukrainian IT companies have gone beyond outsourcing in its classic sense and offer consulting, grow their own expertise, and open R&D centers instead. 06 / IT SERVICE COMPANIES 84 85
Sigma Sowtware is listed SIGMA among Top-100 best SOFTWARE outsorcing
Sigma Software provides cutting-edge Being a part of Sigma Group, one of the companies technology solutions and consulting largest scandinavian IT corporations, in the world according to the within IT. We deliver smartest solutions we are a global player with more than International Association of for over 16 years to our customers in the 3,700 employees in 12 countries and Outsourcing Professionals. areas of government, telecommunica- over 950 in Ukraine. tions, advertising, automotive, gaming, sigma.software and others.
Company is complained to Our principles Our mission No matter what project we undertake, Provide premier value ISO our principles remain the same: we IT services, keeping 9001:2001 make sure you get the solution that the focus on helping Quality Management System is the best for you, on time, and on our customers to budget. And we always deliver on our reach their business promises. goals. ISO 27001 Information Security Management
R&D In 2017 R&D center with three regional hubs was established.
CSR Sigma Software has a big idea in its mind: creating a strong and stable environment for IT development in Ukraine due to work with government, improving ed- ucation, promoting the country as a huge IT hub. 06 / IT SERVICE COMPANIES 86 87
SOFTSERVE 30 SoftServe is a global digital authority SoftServe was founded as a software 70 global and consulting company, operating development company in 1993 in Lviv, Net offices Promoter at the cutting edge of technology. Ukraine. Today company operates in 30 Score We reveal, transform, accelerate, and cities in the USA, EU, Ukraine, Bulgaria optimize the way large enterprises and Poland. and software companies do business. 30% [email protected] With expertise across healthcare, retail, Organic softserveinc.com financial services, software, and more, CAG R YoY we implement end-to-end solutions to deliver the innovation, quality, and speed that our clients’ users expect.
Clients Key technologies and
Cisco, Atlassian, Bazaarvoice, Deutsche practice areas Bank, Nordea, Liebherr, Logitech, IBM, • Experience Design 5,500+ Panasonic, Cloudera • Internet of Things associates • Big Data • AI/ML • Cybersecurity • Cloud/DevOps • Digital Experience Platforms • Mixed Reality • Blockchain • Robotics
Ultimately, SoftServe empowers businesses to re-identify their differentiation, accelerate market position, and vigorous- ly compete in today’s digital, global economy. 06 / IT SERVICE COMPANIES 88 89
E PA M Ciklum Infopulse ELEKS Offices in Ukraine: Kyiv, Offices in Ukraine: Kyiv, Kharkiv, Offices in Ukraine: Kyiv, Offices in Ukraine: Kyiv, Lviv, Clients: Kharkiv, Lviv, Dnipro, Vinnytsia $2B Lviv, Dnipro, Odesa, Vinnytsia Kharkiv, Lviv, Odesa, Vinnytsia, Ivano-Frankivsk, Ternopil Siemens, Philips, evaluation Zhytomyr, Chernihiv 5,700 specialists More than 2,600 specialists More than 1,100 specialists Fujitsu, Samsung More than 1,750 specialists Software development in fi- Software development in retail, Software development, consult- nance, media, sales, healthcare, fintech, media, tourism, enter- Development and providing of ing services, and quality assur- energy, insurance, etc. tainment industry, etc. services for the entire life cycle ance in retail, fintech, logistics, of IT systems in telecom, auto- media, etc. Customers: Customers: motive industry, insurance, etc. Fidor Bank, Barclay’s, Canadian Google, Intel, Jabra, Thomas Customers: Tires and others. Cook, Lenovo and others. Customers: Autodesk, Phoenix, Xceedium, Bosch, Microsoft, Vodafone, Havas and others. epam.com ciklum.com British American Tobacco and [email protected] [email protected] eleks.com others. GlobalLogic [email protected] Miratech infopulse.com Offices in Ukraine: Kyiv, Kharkiv, Offices in Ukraine: Kyiv, Kharkiv, [email protected] Lviv, Mykolayiv Vinnytsia
More than 3,600 specialists in More than 800 employees Ukraine Software development in tele- Full cycle software development com, insurance, tourism, banking Luxoft in retail, multimedia and com- sector, healthcare, etc. N-iX Intellias Offices in Ukraine: Kyiv, Dnipro, munications services, medical Customers: Odesa technology, automotive industry, Offices in Ukraine: Lviv, Kyiv Offices in Ukraine: Kyiv, Odesa, Clients: Siemens, Philips, Fujitsu, Sam- etc. Lviv More than 3,900 specialists in More than 1,600 specialists. Bosch, Microsoft, sung, BNP Paribas and others. Ukraine Customers: More than 1,000 specialists Software and mobile apps de- Vodafone miratechgroup.com Fox, Oracle, Zappos, Adobe, Software development in tele- velopment in telecom, fintech, Software development in auto- [email protected] Panasonic and others. communications, car manufac- media, energy, aviation, educa- motive industry, SaaS, big data turing, healthcare, etc. globallogic.com tion, etc. and data science. [email protected] Customers: Customers: Customers: Deutsche Bank, UBS, Dell, Sabre Deutsche Post, Opentext, Dela- Nokia, Microsoft, Siemens, Play- and others. ware, Photon and others. buzz and others. luxoft.com n-ix.com intellias.ua [email protected] [email protected] [email protected] 06 / IT SERVICE COMPANIES 90 91
Clients: Innovecs TEAM International Services Artezio Softengi Janam, InTix, Offices in Ukraine: Kharkiv Offices in Ukraine: Kyiv, Myko- Offices in Ukraine: Kyiv, Kharkiv, Offices in Ukraine: Kyiv, Boca Systems, Clients: layiv Lviv Kharkiv, Chernihiv, Zhytomyr PayPartners More than 300 employees Digimation, Softjourn More than 500 specialists More than 300 specialists Hopster, GSN, More than 200 specialists Offices in Ukraine: Corporate application and soft- Pixomondo, ware development in finance and Software development in block- Software development in health- Software development and test- Ivano-Frankivsk Wargaming insurance, telecom, healthcare, chain, advertising and market- care, telecom, media, finance, ing in finance, telecom, ecology, More than 100 employees etc. ing, healthcare, fintech, educa- retail, etc. renewable energy, aviation, tion, telecom, etc. Web and mobile software devel- Customers: Customers: transport and logistics, health- opment in media, fintech, etc. Swisscom, Beeline, Siemens and Customers: Bond, Telenor, iTEAM Network, care, etc. others. Customers: Zinga, edX, Wagner Brothers, ITC and others. Customers: Neogames and others. Janam, InTix, FutureTix, Boca artezio.ru Clients: teaminternational.com Bank of Georgia, Enviance, Iner- Systems, Ukrainian Processing Swisscom, innovecs.com [email protected] soll Rand, AZIOT, Zeppelin CAT Center and others. Siemens, and others. Program-Ace Philip Morris softjourn.com Offices in Ukraine: Kyiv, Kharkiv softengi.com International [email protected] More than 100 specialists
Software development in agri- culture, media, entertainment, education, marketing and adver- tising, fintech, health, insurance, AMC Bridge etc. Clients: DataArt Offices in Ukraine: Dnipro, Bank of Georgia, Customers: Offices in Ukraine: Kyiv, Kharkiv, Khmelnytskyi, Sumy, Chernivtsi Itera AZIOT, Digimation, Hopster, GSN Lviv, Dnipro, Odesa, Kherson Offices in Ukraine: Kyiv Zeppelin CAT Svitla Systems More than 450 specialists Games, Wargaming and others. Offices in Ukraine: Kyiv, Kharkiv, 1,200 specialists in Ukraine More than 150 specialists Software development in program-ace.com Lviv, Chernivtsi, Cherkasy Design, modernization and architecture, engineering and [email protected] Business solutions development More than 500 specialists support of IT solutions in finance, construction. in fintech, e-commerce, retail, healthcare,tourism, media and etc. Customers: Development and testing of soft- the internet of things. Amadeus, AMD, aPriory, Albi- ware in various industries. Customers: Customers: tech and others. Santander, Storebrand, Viams Clients: BNP Paribas, IPM, Nielsen and and others. amcbridge.com InvoiceASAP, Inflection, Stanford others. [email protected] itera.no svitla.com dataart.ua 07 / PUBLIC SECTOR 92 93 SECTOR PUBLIC
/ STATE LEVEL PROJECTS AND INSTITUTIONS
/ CITY LEVEL PROJECTS AND INSTITUTIONS
PUBLIC SECTOR 07 / PUBLIC SECTOR 94 95 S TAT E L E V E L UkraineInvest The State Agency for E-Governance of Ukraine PROJECTS AND The project of the Cabinet of Ministers of Ukraine on It is the central executive body that embodies the investment opportunities of the state contains all key strategic vector of the Cabinet of Ministers in the field economic indicators, detailed information on opportu- of e-governance, informatization and development nities in each of the branches and background infor- of the information society in Ukraine. The agency was INSTITUTIONS mation on establishing a business in the country, in established in 2014. particular, visa issues, information about company Key areas of activities: registration procedures, etc.
ukraineinvest.com development and implementation of electronic services and electronic document flow;
introduction of e-democracy and e-identification;
implementation of the National Informatization Program;
opening of data;
stimulation of the development of the digital econ- omy;
Ukraine has a separate executive In addition, there is a union that implementation of electronic interactions of regis- body in charge of implementation of coordinates the needs of industry and tries and maintenance of registry ledgers; the digital strategy of the Cabinet of government experts in implementing The State Finance Institution for Innovations Ministers for Ukraine’s development: reforms. Moreover, in May 2018, the (SFII) development of the gov.ua national portal. Ministry of Economic Development SFII provides financial support and attracts domestic The State Agency for announced and foreign investments for the development of the The projects of the Agency include the implemen- E-Governance of Ukraine. real sector of the economy and support of innovative tation of MobileID identification system, Trembita a course to support startups at projects of companies of different forms of ownership registry interaction system, digitization of a number the level of the public policy. through co-investing or consortium lending together of registries, and the introduction of the blockchain with international investment and credit funds. technology into the Land Cadastre of Ukraine.
difku.gov.ua e.gov.ua [email protected] [email protected] 07 / PUBLIC SECTOR 96 97 CITY LEVEL Hi-Tech Office Ukrainian National Startup Fund (UNSF) The agency was established in 2016 by EPAM, Vodafone The UNSF was established in Autumn 2018. The fund Ukraine, Mastercard, and Kyivstar. Its purpose is to ensure plans to invest $2M into Ukrainian startups during its PROJECTS AND the interaction between the state and business (as the first year of operation. The fund will finance startups Hi-Tech Office’s Supervisory Board includes representati- in pre-seed and seed rounds, that already have an ves of the Ministry of Economic Development and Trade, MVP, a business plan and a team. The Fund will focus INSTITUTIONS the Verkhovna Rada, and the Presidential Administration), on companies operating in the areas of Internet of support for startups and major infrastructure projects, Things, blockchain, artificial intelligence, FinTech, bio- and legislative support for the development of the technology and medicine, cybersecurity, defence, and innovative component of the economy. energy industries. The National Fund will be provid- ing from $25,000 to $75,000 in the form of grants. In ht-office.org addition to monetary support, the UNSF will provide Kyiv Smart City Dnipro Development Agency [email protected] training and mentoring support, as well as assistance The initiative by the city of Kyiv, which brings together The Dnipro Development Agency was established by with publicity and marketing. The Fund will also work residents, businesses and authorities of Kyiv for the de- the decision of the Dnipro City Council and is engaged on attracting private investors interested in investing velopment of smart urban infrastructure. It is based on in developing the city’s infrastructure and increasing in projects that have been already funded by the state. the principles of intelligent and transparent manage- its attractiveness for investors. The projects of the ment and transformation of Kyiv into an innovative and Agency include a science and technology park named ProZorro progressive city. The Initiative includes an accelerator “Academia”, and another industrial park. Also, the Dnipro – Smart City taskforce was created on its base. ProZorro is a tender procurement system for state and and a hub for urban development projects. The taskforce is involved in the implementation of public companies, which was created by volunteers kyivsmartcity.com “smart city” projects. and transferred to the state in 2015. Since August 1, [email protected] 2016 ProZorro became mandatory for use through- dda.dp.ua out the country. Within a few years of operation, the [email protected] system received several industry awards, including the international anticorruption award from the C5 Accelerate and the US Institute of Peace (2018) and the Trust of the Future at the Davos Awards. In 2018, The National Commission for the State Wired dedicated a long article to ProZorro, in which Regulation of Communications and the system was called the most transparent system Informatization (NCSRCI) Smart City Lviv Smart City Kharkiv in the world. According to the publication, the system It is the state collegiate body under the President In 2015, Lviv City Council announced a course on in- holds 1,500 auctions per day today and accounts for of Ukraine that carries out state regulation in tele- novation in the city through the use of the smart city Smart City Kharkiv is an image project of Kharkiv with- saving for the state budget in the amount of 1.4% of communications, informatization, and use of radio approach and tools. Implementation of innovations in the framework of the Invest Kharkiv Project, which country’s GDP. frequency resources and provision of postal services. involves cooperation between the authorities, public promotes the introduction of innovations in the city. services, citizens, and business representatives. prozorro.gov.ua nkrzi.gov.ua invest.kh.ua [email protected] [email protected] fb.com/lviv.smart.city [email protected] 08 / CORPORATIONS INVESTING IN STARTUPS 98 99 CORPORATIONS INVESTING IN STARTUPS
CORPORATIONS INVESTING IN STARTUPS 08 / CORPORATIONS INVESTING IN STARTUPS 100 101
Myronivsky Hliboproduct (MHP) Ukroboronprom Kyivstar Mastercard Ukraine Raiffeisen Bank Aval OTP Bank Ukraine It is one of the largest agribusiness A state concern that includes more Kyivstar is the largest mobile opera- One of the largest international pay- Raiffeisen Bank Aval is one of the OTP Bank is in the Top 20 largest complexes in Ukraine. The complex than 100 enterprises of defence tor in Ukraine and one of the largest ment systems, which supports accel- largest banks in Ukraine. In 2017 the banks in Ukraine and is part of OTP includes about 20 enterprises that industry and design offices. In 2017, fixed-line Internet service providers eration and incubation programs, as bank launched the Raiffeisen Digital Bank Group, which is one of the create a closed cycle of production of Ukroboronprom jointly with 1991 and digital service providers. well as FinTech events and startups HUB division, which is engaged in largest financial institutions in Central chicken meat products; the company Open Data Incubator, Cyber Guard, in Ukraine. In 2017, the company introduction and improvement of and Eastern Europe. Together with Using the facilities of the Radar Tech has about 50% share of the Ukrainian and Hacken blockchain project launched the FINTECH MASTER digital products. In particular, it deals the 1991 Open Data Incubator and the accelerator, the company supports market and exports its products to launched an accelerating program incubation program together with with the generation of ideas for new NBU, the bank launched the Open projects in a telecommunication 70 countries. for cybersecurity. In 2018, the state the 1991 Incubator and invested in the solutions or the integration of the Banking Lab incubation program. accelerator, in particular in the fields concern became a partner of Ukrin- MAWI Pay smart bracelet together experience of the parent group. This program promotes the concept The MHP structure includes a de- of client interactions, public sector, novate incubation agency engaged with PrivatBank. Together with of open banking and access to open partment responsible for the imple- FinTech, smart home, B2B, and over- aval.ua in defence projects. Oschadbank, the company introduced (non-confidential) banking data mentation of innovations. In addition the-top content. Also, the operator [email protected] contactless payment system for pub- through the API. to that, according to Forbes, this ukroboronprom.com.ua opened its own free training courses lic transport. agricultural company became one [email protected] for working with big data. otpbank.com.ua of the first in Ukraine in its sector to mastercard.ua [email protected] kyivstar.ua introduce a geoinformation system m.me/MastercardUkraine m.me/kyivstar for land bank management. In 2017, MHP and Radar Tech launched MHP Accelerator for startups engaged in agrarian innovation. Alfa-Bank Ukraine mhp.com.ua DTEK In 2017, Alfa-Bank Ukraine opened the Oschadbank [email protected] DTEK is the largest energy holding Alfa-Digital division with a full-cycle in Ukraine, which includes compa- A state-owned bank and one of the team working on mobile app, Internet nies producing coal and natural gas, largest banks in Ukraine. Jointly with banking and e-commerce. At the end Vodafone Ukraine Mastercard, it introduced a system of generating electricity, supplying heat of the year, it launched a digital bank Vodafone is the second largest mo- contactless payment in public trans- and electricity and providing related UKRSIBBANK BNP Paribas projects competition together with bile operator of Ukraine in terms of port and at social facilities. services to end users. Group reactor.ua. the subscriber base. The company In 2018, jointly with Radar Tech, the UKRSIBBANK BNP Paribas Group is in In 2017, the bank launched its Build alfabank.ua develops digital services and services company launched the Energy Accel- the top 10 largest Ukrainian banks. Us- Your Own business development [email protected] for the state and business based on erator for energy projects that sup- ing the Radar Tech facilities, the bank program, which includes consulting big data. In 2017, the carrier launched ports startups, companies, and teams launched the POPCORP accelerator and mentoring in addition to special the Big Data Lab for IT specialists, that offer solutions for business needs program to search, develop and integ- tariffs for businesses. The bank plans managers of various levels, analysts, in this industry. rate innovation in the banking sector. to reach 2M participants. marketers, etc.
dtek.com ukrsibbank.com oschadbank.ua vodafone.ua [email protected] [email protected] [email protected] m.me/VFUkraine CREATED BY GUIDE THE INITIATIVE PARTNERS GUIDE INFO AND MEDIA PARTNERS SOURCES
[1] Top 52 Publishers of 2017 by AppAnie research company [12] Ukrainian Venture Capital and Private Equity Overview 2017 by Ukrainian Venture Capital and Private Equity Association (UVCA) [2] Ukrainian IT-industry: general data and profiles of specialists by IT Ukraine Association [13] According to Ukraine in the Global Innovation Dimension Report 2007-2017 [3] According to The State of European Tech 2018 data-driven analysis [14] According to Global Innovation Index 2018 [4] According to publications on ain.ua [15] According to The DealBook of Ukraine 2018 by AVentures Capital [5] The 2018 Global Outsourcing 100 by IAOP Association [16] Ukrainian Venture Capital and Private Equity Overview 2017 by Ukrainian Venture Capital and Private Equity Association (UVCA) [6] According to the own data from the largest IT service companies of Ukraine [17] According to The DealBook of Ukraine 2018 by AVentures Capital [7] According to The IT Ukraine Association and Better Regulation Delivery Office (BRDO) [18] According to Ukraine’s role & perception in the Global IT market by Chirag Ravat Associate Director, Avasant [8] Software Development Public Consultation Report by the The Platform for Effective Regulation (PRO) [19] IT UKRAINE. IT services and software R&D in Europe’s rising tech nation by AVentures Capital та Ukraine [9] IT UKRAINE. IT services and software R&D in Europe’s rising tech nation by AVentures Capital & Ukraine Digital News Digital News
[20] According to Ukraine’s role & perception in the Global IT market by Chirag Ravat Associate Director, Avasant [10] Estimated counting using open calendars
[21] According to HackerRank [11] Estimated counting using the web-site coworking.com.ua/kyiv and open sources
All the other data was taken from the open sources. THE PROJECT WAS MADE BY:
Project Manager Olexandra Govorukha
Editors Roman Sudolsky Den Smyrnov
Text Nina Hlushchenko
Design Yuliia Siriak
Special thanks to Olexandra Onyshshenko Kateryna Osadchuk Ilia Zobnov Anton Mishchenko Nick Bilogorskiy and UNIT.City team
Translation profpereklad.ua
Created by the initiative of