The Venture Codex Logo

The Venture Codex

WannaBiz

1-a Grecheskaya St, Odessa, Ukraine

Overview

WannaBiz is a startup incubator and angel seed fund focused on seed stage global projects in the ad and SaaS-based technology sectors. It also invests in web and mobile development projects. The company’s investment criteria include the market size, business model, early traction, and team. Its goal is to build and develop global projects in line with the competitive market. WannaBiz was founded in 2012 and is based in Odessa, Ukraine.

Total investments
5
Lead investments
2
Investments · 12mo
0
Active investors
3

Sector focus

  • Advertising
  • E-Commerce
  • Software
  • Venture Capital
Visit website

Investment portfolio

  • My NFT Wars

    Participated · Equity · Feb 2023

    My NFT Wars is a joint venture between iLogos Game Studios and the developers of Blockchain Cuties Universe building a Web3 massively multiplayer online role‑playing game (MMORPG) based on a Play-Create-Own model. The game is free-to-play and leverages tokenomics and NFT character development to reward players and enable an in-game economy. Players earn the $GMFI token through victories in raids and battles and can spend tokens on characters, land pieces, dungeons, raids, arenas and other features. All minting events will be connected to the unit economy to prevent an overflow of tokens on the market. Players can participate in the My NFT Wars treasury either actively or passively, with gameplay modes including auto-battle and an active mode where players build characters, form teams, and join raids. The company announced a $2M private funding round that provides early financial support for development and tokenomic rollout.

  • Rallyware

    Participated · Seed · Jul 2016

    Rallyware provides an outcomes-based performance enablement SaaS platform that delivers the right learning or business activity to the right individual at the right time using data-driven personalized paths. Its algorithms transform insights into prioritized, prescriptive activities to drive behavior change and measurable impact. Customers use the platform to boost sales rep productivity, decrease ramp time for new hires, promote CRM adherence, increase partner engagement, and other go-to-market use cases. Rallyware reports delivering a 24X average ROI and serves customers in more than fifty countries, including Samsung, Avon, Tupperware, Vonage, and NuSkin. The company was founded in 2012, is headquartered in Mountain View, California, and has more than 80 FTEs globally with offices in five countries. Rallyware plans to use its new financing to invest in AI-driven platform innovation and to expand its team across several functional groups. Rallyware provides a platform that empowers organizations to coach, train and motivate people through personalized, scalable engagement programs described as a game-like social user experience. The company says its platform drives higher sales, faster employee onboarding and increased participation in corporate initiatives. Rallyware began at MIT with an original focus on automating engagement for non-profit social and political projects and has since expanded to commercial applications. The product is now used across a variety of business use cases to scale engagement and motivation. The company has 28 employees with offices in San Francisco, Los Angeles, San Antonio, Salt Lake City, Amsterdam and Kharkiv. Financially, Rallyware recently closed a $675,000 seed-extension led by Digital Future, supporting its continued commercial expansion.

  • Reply.io

    Led · Equity · Mar 2016

    Replyapp.io offers a platform for sales managers to manage cold-email outreach and to automate warm follow-up messages. The system includes advanced personalization tools designed to create unique customer experiences that encourage action. The product targets improved sales productivity through workflow automation of initial and ongoing client emails. Founded in August 2014 by Oleg Belozor and based in Vancouver, BC, the company is positioning to scale internationally. Replyapp.io raised funding to further develop the product and to expand its sales efforts on international markets. The company intends to deploy the new capital toward product development and international sales growth.

  • ReplyApp

    Participated · Equity · Mar 2016

    ReplyApp builds an online service to automate personalized emails and follow-ups. The product connects directly to a user’s email server so messages appear to have been sent manually and replies return to the user’s inbox. About 80% of the company’s client base is in the U.S., which the team is prioritizing. ReplyApp plans to accelerate recruitment and develop offices in Ukraine and Canada to reinforce its position on the U.S. market. The startup was founded in 2014 and currently runs development in Ukraine while sales departments are located in the United States and Canada. It recently raised funding to support these expansion and hiring plans, and the founder says he will retain a major stake.

  • Luciding

    Led · Equity · Nov 2014

    Luciding is a joint Ukrainian‑Russian startup developing a wearable device intended to let users enter and control their dreams. Founder and lead developer Nikita Antu conceived the idea after reading Carlos Castaneda and says the device can help users control and "tune" dreams for the next night. The team spent about eight months developing the gadget and invested roughly $10,000 into development. The product will be sold as a $290 device and also offered via a $40/month subscription. The company has taken preorders and plans to deliver devices to preordering users imminently while preparing a Kickstarter campaign targeted for before the end of November. Incubator support and additional financing are expected to accelerate production and fulfillment.

Team

  • Artem Borodatyuk

    Partner and Co-Founder

    LinkedIn
  • Alex Bornyakov

    Managing partner

    LinkedIn
  • Alexandra Balkova

    Business Development Officer

    LinkedIn