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The Venture Codex

Pragmatech Ventures

Kyiv, Ukraine

Overview

Pragmatech Ventures is a venture capital firm and startup studio that aims to build fast-growing B2B SaaS and marketplace companies. The firm also focuses on enterprise software, HR technology, marketplaces, biotechnology, marketing tech, market networks, and property technology sectors. It also includes Pragmatech Studio, a startup studio that generates and validates new business ideas, bringing together business teams around them. Pragmatech Ventures was founded in 2020 and is based in Kyiv, Ukraine.

Total investments
8
Lead investments
3
Investments · 12mo
2
Active investors
2

Sector focus

  • B2B
  • Biotechnology
  • Information Technology
  • Marketplace
  • SaaS
  • Venture Capital
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Investment portfolio

  • ForActive

    Participated · Seed · Jul 2026

    ForActive offers a platform purpose-built for solo and small-team sports businesses, providing recurring payments, attendance tracking, and communication tools to help independent trainers and small studio owners run their businesses. The company serves over 14,000 service providers across the U.S. and positions itself as an alternative to software built for large gym chains. Founders referenced in the coverage are Maciej Bieganski and Konrad Howard. ForActive intends to expand into new sports categories and scale its go-to-market efforts with the recently raised capital. The company also emphasizes a social-impact focus, supporting providers who bring movement, community, and opportunity to underserved neighborhoods. Financially, ForActive has just closed a $3.6M seed round led by Simpact Ventures with participation from BADideas.fund, The Explorer Fund, Pragmatech Ventures, Vesna Capital and Vestbee Angels.

  • Clearly.help

    Participated · Equity · Apr 2026

    Clearly.help provides therapeutic solutions that combine artificial intelligence with human intervention through a network of licensed psychologists. The company reports delivering over 20,000 therapy sessions per month and generating monthly revenues in excess of €500,000. Its network includes more than 1,000 active psychologists, roughly 20% of whom are based in Spain, and it plans to recruit many more in the near term. Clearly has chosen Spain as one of its initial priority markets due to rapid adoption and growing interest in mental health. CEO and cofounder Dmytro Marakhovskyi emphasizes making personalized therapy accessible regardless of users' residence or economic situation. The company positions itself to serve both individual and corporate customers, supported by investors such as Purple Ventures and Pragmatech Ventures.

  • TASS VISION

    Participated · Equity · Jul 2025

    TASS Vision builds proprietary edge AI cameras and analytics software (Vitrac for customer journey tracking and Sitrac for shelf interaction analysis) that process images on-device to preserve customer privacy without sending data to the cloud. The platform is positioned as an offline equivalent of Google Analytics for brick-and-mortar retail, helping retailers optimise product placement, measure in-store marketing and run performance marketing on the shop floor. The company is active in more than 2,000 retail stores across ten countries and works with over a hundred brands in electronics, fashion, FMCG and pharmaceuticals. Over the past two years TASS Vision has grown 500% year‑over‑year and now employs 35 people, with teams in Uzbekistan, South Korea and China focused on R&D in AI models, image processing and edge hardware. Management says clients have increased revenue and reduced operational costs using the system. The company plans to use new funding to complete development of a next-generation camera that it expects to be up to 20× faster, more energy-efficient, easier to install and better suited for global deployment. TASS Vision, founded in 2019, builds AI-driven video analytics focused on retail. Its offerings include Visitor Analytics (gender and age analysis), Face HR (employee arrival time recording) and CJM. Processing is performed inside the camera on VPU chips, and the company plans cloud-updated programs that can be automatically installed on cameras without additional devices. TASS Vision employs over 20 people and works with remote programmers in South Korea and China while developing new product functions. The startup's mission is to transform traditional retail into a high-tech, efficient sector and it is currently focused on expanding its video-analytics capabilities. The funds raised will be used to develop the product, improve service quality, and scale the product to foreign markets.

  • JENTIS

    Participated · Series A · Nov 2023

    Jentis, founded in 2020 and based in Vienna, Austria, develops a server-side data capture platform that provides an all-in-one tracking solution focused on data quality and data sovereignty. The platform enables compliance with GDPR and other global data protection regulations. Its server-side tracking technology has been adopted by large European e-commerce retailers, brands in banking and finance, and major digital publishers in the US and Central Europe. The company says it will use new funding to accelerate geographic expansion in key European and US markets and to enhance product development. Jentis recently raised €11M in a Series A round to support those plans.

  • Pluspoint

    Led · Equity · Sep 2023

    Pluspoint is a customer review software platform that automates review generation, manages online reputation, and helps businesses intercept and respond to negative reviews. The company’s SaaS product offers monthly and annual subscription plans and serves local businesses across industries including automotive, real estate, retail, and healthcare. Pluspoint’s platform integrates with review platforms such as Google and Facebook to centralize review management. The company was founded by Sergey Shanin and lists its headquarters in the United States, with team members in Ukraine, Portugal, Spain, and Brazil. In September 2023 Pluspoint secured $400K in funding. The company plans to use the proceeds to expand its sales geography and further develop its product.

Team