SID Venture Partners

SID Venture Partners is a Ukrainian technology venture capital firm founded in 2021 in Kyiv and described as the first Ukrainian high-tech VC established by IT experts for IT founders. The inaugural vehicle is a $15 million fund (SID VP Fund I) backing global software companies built by Ukrainian and Central and Eastern European founders, with an industry-agnostic mandate that shows particular preference for deeptech, B2B, fintech, AI, blockchain, and automotive technology. SID operates one of the densest partner benches of any CEE fund of its size — 16 people including 13 partners drawn from Ukraine's IT operator community. The founding team includes Dmitry Vartanian (Managing General Partner, co-founder of Sigma Software and Clean.io), Kirill Kirikov (General Partner), Andrii Lazorenko (CEO and co-founder of IdeaSoft), Anton Vaisburd (CEO and co-founder of Datrics), Illia Polosukhin (co-founder of NEAR Protocol), and Valery Krasovsky (CEO and co-founder of Sigma Software). As of mid-2025, SID has 29 portfolio companies, with 14 US investments and 7 Ukraine-based investments. Named portfolio companies include Liki24 (Ukrainian health marketplace, $9 million raised for European expansion), Respeecher (voice-cloning AI whose technology featured in four Oscar-nominated films), NewHomesMate (US new-homes marketplace), Zibra, and Limitless Exchange (prediction-market platform, $10 million seed in 2025 alongside Coinbase Ventures). The most recent disclosed deal is GO TO-U, invested April 2025. SID's model reflects the conviction that Ukraine's engineering talent — tested by extraordinary operational conditions since 2022 — produces exceptionally resilient and product-savvy founders, and that backing them early creates compounding advantages for global software businesses.