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Viseven, an ITU Member, Secures Horizon Capital Investment

Viseven, an ITU Member, Secures Horizon Capital Investment

Publication date:

  • 19.01.2024

Publication from:

IT Ukraine

A U.S. private equity firm announced its investment in 700 specialist-strong Viseven from Zhytomyr, Ukraine, on January 16th, 2024.

 

Headquartered in Ukraine, with the company’s offices in North and South America (U.S., Canada, Argentine), the EU (Poland, Estonia), and Asia (India), Viseven is a leading cloud CRM and CLM suites provider for the global pharma and life sciences industry. 

 

We are delighted to welcome Horizon Capital as a value-add investor and look forward to putting their capital to good work in scaling up investments in our technology platform at a time when AI is creating enormous opportunities for our industry. We are grateful to our precious customers for their trust over the years and are confident that they will soon experience first-hand the benefits of this investment,

Nataliya Andreychuk, Co-founder and CEO of Viseven.
 

Since its inception more than a dozen years ago, Viseven has proved itself indispensable to many top-tier companies—the list includes Abbott, AbbVie, Amgen, Bayer, Biogen, Ipsen, Lilly, Novo Nordisk, Servier Laboratories and many others. The company has a reach of over 30 countries, servicing overall upwards of 50 customers.

 

Typical for Horizon Capital investees, the business has strong fundamentals, is profitable and has grown at a consistently high rate, more than tripling revenues since 2019.

a conclusion of Horizon Capital analysts. Due to the same reasoning, the company is also represented in the Incredible Tech catalogue.
 

Viseven is still founder-led and makes a conscious effort to continue contributing to its homeland. One of the ways it does so is through the Viseven IT Academy—a free corporate university with over 1,1K alums to date. Dubbed “an Innovator” by Horizon Capital (which joined the investment pool, comprised also of AVentures Capital), the company is steadfastly launching new products and tools.

 

Viseven is yet another compelling example of the world-class technology coming out of Ukraine. We have known the Company for over five years and have high regard for its vertical software strategy, leveraged by access to some of the best engineering talent in the world. The combination of strong unit economics, high growth and superb customer feedback position Viseven well for enduring success in the marketplace,

Vasile Tofan, Senior Partner at Horizon Capital.
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E-mail:
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Address: 04071, Kyiv, str. Yaroslavska, 58 (Astarta
Organic Business Centre)

Phone:+38 099 266 39 03

E-mail:
hello@itukraine.org.ua

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