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The Venture Codex

AYR Capital

Bolshoy Golovin pereulok 19, Moscow, Russian Federation

Overview

AYR is an independent Private Equity, Venture Capital and Financial Advisory firm focused primarily on investments in Eastern and Western Europe, as well as in Russia and CIS. Our investment focus lies in Real Estate, FMCG, Oil & Gas, Energy, Information Technology and Manufacturing sectors. Years of experience along with our track record have helped us build an investment strategy with optimal risk to return ratio. Our product line consists of a family of private equity funds. All funds are managed through a unified approach to risk management & income generation. AYR believes that relationship building with its investors and portfolio companies is an integral part to value creation. It strives to provide high-quality private equity services and build trusted relationships with its counterparts.

Total investments
1
Lead investments
0
Investments · 12mo
0
Active investors
2

Sector focus

  • Venture Capital
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Investment portfolio

  • SimpleEstate

    Participated · Equity · Dec 2023

    SimpleEstate operates an online investment platform enabling investors to commit from ₽100,000 into professionally selected commercial real-estate properties. The company was founded in 2019 by former Goldman Sachs banker Nikita Kornienko and is listed in the Central Bank of Russia’s registry of investment platforms. Its real-estate portfolio is valued at over ₽1.3 billion, and the platform reports more than 10,000 registered investors. In August 2022 SimpleEstate raised ₽30 million from private fund AYR Capital in exchange for 13% of the company. In December 2023 the company received ₽30 million from venture funds Kama Flow, Malina VC and AYR Capital. Most recently SimpleEstate attracted ₽2.6 million from 19 participants of the Venture Academy 6, who joined a larger round that had already closed ₽30 million. The founder has stated plans to raise an additional ₽20 million from a syndicate of private investors in 2024. SimpleEstate operates an online platform for collective investments in commercial real estate, allowing users to invest from 100,000 rubles in professionally selected properties and is listed in the Central Bank of Russia's registry of investment platforms. Founded in 2019 by former Goldman Sachs banker Nikita Kornienko, the company manages a real-estate portfolio valued at more than ₽1.25 billion and aims to grow it to ₽15 billion within five years. The platform reports average historical investor returns of about 25% annualized. Financially, SimpleEstate posted ₽15.6 million revenue for the first eight months of 2023 (an 86% increase versus full-year 2022) and expects roughly ₽30 million for full-year 2023. Management says the newly raised capital will be used to expand the team, continue platform development and fund marketing, and that it plans to raise an additional ₽20 million from a syndicate of private investors in 2024. Prior fundraising includes a ₽30 million August 2022 investment from private fund AYR Capital in exchange for a 13% stake.

Team