Flashpoint
| Private | |
| ISIN | 🆔 |
| Industry | Investment Management |
| Founded 📆 | 2012 |
| Founder 👔 | Alexander Konoplyasty Michael Szalontay |
| Headquarters 🏙️ | , London , UK |
Area served 🗺️ | |
| Products 📟 | Venture Capital Venture Debt Secondary |
| Members | |
Number of employees | 30 (2021) |
| 🌐 Website | flashpointvc |
| 📇 Address | |
| 📞 telephone | |
Flashpoint is an international technology investment firm that manages venture capital, secondary buy-out and venture debt funds.
History[edit]
The company was founded in 2012 by Michael Szalontay and Alexander Konoplyasty. The founders met in 1998, while studying at university. Within a few years, Flashpoint has grown from two founders and $10 million in assets to 30 employees and $500 million in assets under management. Flashpoint now has offices in six countries – Israel, Latvia, Cyprus, Finland, Hungary, the United Kingdom.[1]
Flashpoint funds invest in software companies launched by teams originating from Central and Eastern Europe, Baltics, Finland, Israel.[2] Notable companies that Flashpoint invested in early on include IVI.tv,[3] Chili Piper, AllRight, BoardMaps, Bonusway, Borzo, CaliberMind, Chess.com, Comeet, Estimote, Getintent, Growbots, Guesty,[4] GuruShots, IntelliBoard, MarketMan, Netology, Officernd, Shazam,[5] Welcome, Telemedico, GoCube,[6] Qmenta, Dispelix, Mercaux, Bllink, Accel Club, Allset, Trusstor, testRigor,[7] Tomi.ai, WowFit.
The company has successfully completed investments in more than 40 tech businesses. The company has also achieved 11 exits, including the sale of Shazam to Apple[8] and Chess.com to Mark Scheinberg, PokerStars founder, and General Atlantic.[9]
Flashpoint has three divisions:
- Flashpoint Venture Capital – Invests in early-stage software companies.
- Flashpoint Venture Debt – lends capital to B+ stage software companies.
- Flashpoint Secondary – buys equity from early-stage shareholders in advanced stages.
References[edit]
- ↑ Musgrove, Annie (February 16, 2021). "Flashpoint launches new fund with $200 million target". Tech.eu.
- ↑ Solomon, Shoshanna (March 10, 2021). "London-based Flashpoint seeks to invest $100 million in Israeli tech". The Times of Israel.
- ↑ Rudnitsky, Jake (May 26, 2021). "VTB, Abramovich Help Russian Streamer Ivi Raise $250 Million". Bloomberg.
- ↑ Escher, Anna (May 10, 2017). "Guesty raises $3M to be a Salesforce for property managers". TechCrunch.
- ↑ "Инвесторы из России вложили $8,5 млн в сервис Shazam". RBK Group. February 24, 2015.
- ↑ Sheehan, Gavin (February 15, 2021). "Flashpoint Venture Capital Invests $5M Into GoCube Maker Particula". Bleeding Cool.
- ↑ Miller, Ron (August 24, 2021). "testRigor scores $4M seed to turn a list of actions into a QA testing script". TechCrunch.
- ↑ "Российские инвесторы заработают на сделке Apple и Shazam". Vedomosti. December 12, 2017.
- ↑ "Flashpoint запустила фонд на $100 млн для инвестиций в облачные сервисы". Kommersant. 2020-12-16.
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