- Who we areno limits for us
- How we workideas & products
- Portfolioour success
- Submit your ideayour ideas, our support
Who we are
We are an early stage international venture capital company based in Lithuania (Vilnius), USA (California, Silicon Valley) and Israel. We focus on innovative start-ups in industries of high technology, software and finance. We aim to implement as much Brilliant Ideas as we can in most perfect way we can. No limits for us, just new challenges.
Company
We are a group of professionals with different background but one shared value – the passion for Brilliant ideas and the ability of turning them into a financial success. Not only we provide solid financial support for a company to get started – we know start-ups need more than that. We believe our insight and expertise are as valuable as our financial capital – and we look for entrepreneurs who feel the same.
Managing partners
The founder and CEO of the company Mokipay Europe as well as the owner and CEO of the leading IT company in the Baltics – ERP. He is the professional manager experienced in leading large-scale IT projects with background on engineering and business administration.
Five9 CTO, has a rich experience in development of IT and communication projects. Jim has held key positions in companies like SalesForce, Echopass, Contactual, NextAge Technologies, Genesys Solutions.
Associates
Mindaugas Rutkauskas
Experienced business manager with background of MBA and Law. Previously served as CEO at one of the biggest media groups, started few successful businesses, launched and developed many profitable products and services in Lithuania. Mindaugas serves as a judge and mentor in many local and international start-up contests, events and other initiatives.
Advisory Board
Having over 30 successful years and a proven track record in the IT industry, Mike has held key positions at Digital Equipment Corpo-ration, Oracle and most recently at SAP as Vice President Global Emerging Markets.
CTO of company ERP, has over 15 years experience in wide range IT Project management and Product development. Lately focused on innovative projects.
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How we work
We believe in Brilliant Ideas that can make change in the industry. This only happens when company makes Wonderful Products or delivers a service that thrills large numbers of customers. If that occurs then founders, management, and employees of these companies prosper.
We believe that Brilliant Ideas and Wonderful Products or services are:
- Products or services that can be patented
- Products or services that already have potential buyers
- Products or services for big markets
- Focused and clear-purposed products or services that solves still-existing problem
- Ideas that already have strong team behind them
- Ideas coming with new business model
What we focus on
Industry
We are looking for extraordinary entrepreneurs in high technology, software and finance.
Stage
We are interested in early stage start-ups. Our typical initial investment is around 100 000 euros but we have gone lower and much higher as well.
Geography
As Antigravity Ventures is an international organization, our geographical range of interest is not only for companies from Lithuania and countries around, but Israel and USA are the markets that we also have a big interest in.
How we add value / assist entrepreneurs
In business development process we help with various things that start-ups face in early stage:
- Experienced mentors and entrepreneurs provide guidance and advice allowing start-up teams to avoid mistakes
- Team of professionals helps with strategic management decisions
- Raise sufficient funding
- Engage the appropriate project management
- Giving better business acumen
We do all that in exchange to part of your start-up business. The size of the part depends on given investments, stage of development of the product or service, the potential of your idea.
Some of the Brilliant ideas we invested in
Mokipay – secure mobile payment system allowing users with any type of mobile phones to pay for goods and services in Lithuania. Furthermore, it is an official payment systems of upcoming European Basketball Championship of 2011.
Web page: mokipay.com
Mokos.lt – free online personal finance management tool which gives a clear perspective on your financial situation.
Web page: mokos.lt
LEMMING – the human recourse management solution that comprises three major parts: personnel, working time and wages management.
CRAMS – designed as a risk assessment and management platform for solving diverse risk problems in different industries including government, financial services, insurance and telecommunications.
Claims control - a web-based claims management system for transport companies allowing them to manage claims handling process efficiently and providing them with analysis of claim prevention in order to increase insurance value.
Mokomatas – a network of advanced self-service payment terminals allowing customers to pay their bills in the most convenient and fast way.
Web page: mokomatas.lt
Submit your idea
What we expect from you?
Before you contact us, we expect you to have thought your idea thoroughly through. The next step you should take is read What we look for and see if your idea of product or service match our criteria. If you believe you are the entrepreneur or team that we are looking for, you should definitely contact us. The best way for us to understand if your idea is the Brilliant one is for you to fill in Executive summary form and submit it.
What you should expect from us?
We would love to hear about your business idea and consider investing in it. After you submit the executive summary, we will contact you and let you know what we think. Even if we do not decide to invest in your business – you will get a valuable feedback from our team of professionals. We might give you an advice or new directions and ask to contact us again after you have thought them out. If we decide to fund your idea, we will work like it’s ours – care for it and put all efforts in making it profitable.
Executive summary
If your business idea summary is attractive, we’ll contact you and start working with you.
Basic financial projections
Count what financial outlay and gain you will experience in the process of your idea’s fruition.