Ilya Korolev
Partner at initvc.com
Ilya Korolev
Partner at initvc.com
Yerevan, Yerevan
Overview
Work Experience
Partner
2020 - Current
Portfolio Director
2017
– $12+ mln under management – 18 portfolio companies (LegalTech, VR/AR, MarketingTech, Consumer Internet) IIDF – Pre-seed, Seed, and Round A venture fund focused on Internet and mobile startups with $100 mln under management. 360+ early stage startups in a portfolio (Pre-seed, Seed and Round A). One of the priorities of Internet Initiatives Development Fund (IIDF) is a financial and business support to startups in their early development stages. The Fund also launched a variety of educational programs and performed a number of legislative initiatives. In March 2017 IIDF launched its new initiative – Techmafia to help Russian startups to get traction on the US market.
Investment Manager
2013 - 2017
– conducted investment sourcing (Seed and Series A), business due diligence, terms negotiations – prepared and defended companies for the Investment committee – post-investment Board membership IIDF – Pre-seed, Seed, and Round A venture fund focused on Internet and mobile startups with $100 mln under management. 300+ early stage startups in a portfolio (Pre-seed, Seed and Round A). One of the priorities of Internet Initiatives Development Fund (IIDF) is a financial and expert support to startups in their early development stages. The Fund also launched a variety of educational programs and performed a number of legislative initiatives. In March 2017 IIDF launched its new initiative – Techmafia to help Russian startups to get traction on the US market.
Board Member
2017
Brandquad is an AI-powered product content management platform. It helps to centralize and harmonize all the data about the products, enrich it and then transform to easily export it however each channel/distributor/retailer or system needs. Brandquad provides Product Content and Digital Assets Management, Data Distribution and 6p Analysis software to 20+ global vendors like L’oreal, Estée Lauder, Coty, Henkel, Kimberly Clark, Bayer, Teva, Stada and many others.
Board Member
2017
ALT :: Antilatency tracker - the ultimate 6-DOF tracking solution for any VR system, including mobile VR. With an inside-out tracking approach in mind, ALT delivers a multi-user experience for mobile VR even outdoors. It's a tiny tracking system that works without any calibration and provides a latency-free VR experience thanks to its latency compensation algorithms.
Board Member
2015
Member, Board of Directors
2016
Convead AMI is an Artificial Marketing Intelligence for eCommerce. Based on machine learning, it provides email marketing, push notifications, trigger messages and onsite recommendations.. With only requiring minor configuration at the start and monitoring results in the process, AMI provides entrepreneurs with an easy all-around tool. It handles new customers, increases conversion, recovers abandoned carts and stimulates repeat purchases.
Board Member
2017
Our team is very keen on the technology of mixed reality by Microsoft HoloLens. From the first opportunity of using this technology, we made it our goal to become a world leader and center of competence in the development of applications and services for the Hololens. We are continually developing educational and business applications. We have accumulated rich and multifaceted expertise in HoloLens technologies - the technologies that will revolutionize a work with information forever!
Member, Board of Directors
2016
Combot is the analitycs and marketing platfotm for messengers/chat apps: Telegram, Viber etc. We are providing different marketing and analytics services for messengers such as: - advertising network for bots, chats and channels - in-messenger opinion leaders marketing - automoderation for chats - group chats and channels analytics
Member, Board of Directors
2014
Easy Ten is a mobile App for learning foreign words. The key markets are Russia and Brazil. More than 2 500 000 users worldwide. The App can be used to learn 7 different languages: English, German, French, Spanish, Italian, Russian and Portuguese. Being simple at first glance it is packed with up to date learning mechanics and memorizing techniques.
Co-Founder & CPO
2008 - 2014
Co-founded 3 startups within the company: • ЯTV (http//yatv.ru) – Personal Television Service (> 150k daily unique viewers) – launched in 2009 • "ETOYA!" – first 24/7 online reality show in Russia (> 12m viewers during 3 months), sponsored by Yota, powered by yatv.ru • Eagle.Platform (http://eagleplatform.com) – Online Video Platform (20+ businesses powered by OVP Eagle.Platform, incl.: UTH, Softline, Russian Basketball Federation, State Duma, ARMADA, etc.) – 1st design of yatv.ru (2008) :) – financial and operational management – business development – products high-level design – marketing analytics