Fund profile
Formula VC
Armenia
Leading
About
Formula VC is a venture capital firm with a strong focus on early-stage investments in cutting-edge technology sectors like SaaS, IoT, and AI. The firm strategically supports startups primarily from Armenia and neighboring regions, aiming to transform local innovations into globally competitive companies. Formula VC’s investment strategy is built on a transatlantic approach, leveraging deep connections and expertise in both local and international markets. The firm’s portfolio reflects a commitment to identifying and nurturing high-potential startups at their critical early stages. Formula VC not only provides capital but also brings in strategic guidance, helping founders navigate the complexities of scaling a tech business globally. They often lead or co-lead investment rounds, ensuring that the startups receive the necessary resources to accelerate their growth and achieve market leadership. Formula VC’s team comprises seasoned investors and industry experts who have a track record of successfully guiding startups from seed to exit. Their experience spans multiple sectors and geographies, allowing them to offer valuable insights and mentorship to their portfolio companies. The firm is particularly interested in startups that demonstrate strong technological innovation and have the potential to disrupt traditional industries. For entrepreneurs looking to partner with Formula VC, the firm seeks out visionary founders with scalable ideas that can be adapted for international markets. They prioritize investments in companies that align with their mission of fostering technological advancement in underrepresented regions, helping to bridge the gap between local innovation and global success.
Details
Highlights
$307.1k
Historical average check
$2.3M
Historical max check
December 2023
Last investment date
13
Investments
Software & Apps
AI & Deep Tech
Advertising & Marketing
Healthtech & Wellness
E-commerce & Retail
Data & Analytics
Other
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