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The Venture Codex

Da Vinci Capital

Suite 8, Upper House, 16-20 Smith Street, St. Peter Port, GY1 2JQ, Guernsey

Overview

Da Vinci Capital Management is a group of companies that focus on alternative investments, private equity and structured products. With offices in Guernsey and London, Da Vinci Capital Group currently has $450m under discretionary and advisory management. Da Vinci Capital was established in the summer of 2007 by a management team led by Oleg Jelezko. The partners in the Da Vinci Capital team are entrepreneurial professionals with extensive investment management, trading and private equity experience from the leading financial institutions in the emerging European markets.

Total investments
2
Lead investments
2
Investments · 12mo
0
Active investors
8

Sector focus

  • Asset Management
  • Venture Capital
  • Wealth Management
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Investment portfolio

  • ezbob Ltd.

    Led · Equity · Jan 2018

    Ezbob is a London-based e-lending company led by CEO Tomer Guriel. It provides online loans to small businesses, approving unsecured loans up to £120k in about 30 minutes via its website. The company operates under the EZbob brand and also issues loans under the Everline brand it acquired in 2015. Ezbob has offices in London and in Herzliya, Israel. In January 2018 it raised £15M in expansion capital from Da Vinci Capital Management Ltd at a reported £100M post-money valuation. The company said it will use the funds to continue to expand its operations. EZBob operates a smart, automated lending platform that connects directly to a business’s cloud accounting services, tax reports and bank statements to make up-to-date lending decisions. Its application, risk decisioning and servicing are fully automated, enabling loans of up to £120k to be deposited within minutes. The company has provided over 8,500 loans totaling more than £100m through its trading brands Everline and EZbob. EZBob has announced partnerships and support including a partnership with Alibaba.com and a £40m loan guarantee agreement with the European Investment Fund. The company intends to use the new funds to increase lending capacity and further develop its technology platform. Tomer Guriel is CEO and co-founder, and the UK government-supported Angel Co‑Fund is among its investors. Ezbob launches a microfinancing service making working credit of up to £20,000 available instantly to eBay and Amazon Marketplace sellers via automated underwriting. The service targets small e-retailers, typically with under £1 million in annual turnover, who struggle to secure funding from traditional sources. Ezbob covers both eBay and Amazon sellers, positioning itself against UK competitors like Iwoca and drawing a comparison to US provider Kabbage. The company is the trading name of Orange Money and is a privately held UK business founded by two Israeli entrepreneurs in 2011. Ezbob completed angel and seed fundraising and recently closed a Series A to fund its launch and growth in the UK e‑retail market. The article cites UK e‑retail as a large addressable market, with IMRG estimating 2012 sales at £77 billion and 17% of total UK retail. No operating metrics such as revenue or user counts are provided in the article.

  • Softline

    Led · Equity · Aug 2016

    Softline is an international software licensor and IT service provider offering software, hardware, cloud, security and IT consulting. The company provides access to solutions from some 3,000 vendors and is active in 28 countries. Management is increasing the share of services and cloud products in its mix and is expanding abroad by acquiring local players. In 2015 Softline’s turnover exceeded $800 million and EBITDA reached almost $40 million; Russia accounted for 60% of revenue and neighboring countries 40%. Executives expect that by the time of a planned IPO revenue will be split roughly one-third each across Russia, Latin America and Asia. The company is pursuing aggressive M&A in BRICS to support growth and an eventual public listing.

Team