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SID Venture Partners
SID Venture Partners is a Ukrainian venture capital firm established by IT experts. They focus on early-stage technology startups, having made 45 investments.
SID Venture Partners
SID Venture Partners is a Ukrainian venture capital firm established by IT experts. They focus on early-stage technology startups, having made 45 investments. Their latest investment was in Limitless Labs on October 20, 2025.
General information
Firm type
Venture Capital
Year founded
2021
AUM
Undisclosed
Location
Region
Europe
Country
Ukraine
City
Kyiv City
Corporate office
Kyiv City, Ukraine
Principals
Dmytro Vartanian
Co-Founder at Sigma Software and Clean.io
Valery Krasovsky
CEO and Co-Founder at Sigma Software
Andriy Lazorenko
CEO and Co-Founder at Ideasoft
Anton Vaisburd
CEO and Co-Founder at Datrics
Illia Polosukhin
Co-founder of NEAR Protocol
Kirill Kirikov
CTO and Co-Founder at Datrics
Oleksiy Stoletny
Managing Director at Sigma Software US
German Stogniiev
CTO and Co-Founder at Ideasoft
Veronica Korzh
General partner at Sigma Software Labs
Vlad Beck
Board Member and Co-founder at Sigma Software
Volodymyr Chyrva
Co-founder and Managing Partner at Sigma Software
Vladyslav Polikarpov
Board Member and Co-founder at IdeaSoft
Galyna Isakiv
Startup evangelist and strategist
Mykhailo Sapiton
Technology writer and analyst
Daria Yaniieva
Investment Director at Sigma Software Labs
Sector focus
Frequently asked questions
Who runs investment decisions at SID Venture Partners?
Thirteen general partners share decision-making, each holding a senior operating role at the founding IT-services firms. Dmytro Vartanian, Valery Krasovsky, Andriy Lazorenko, Anton Vaisburd, and Illia Polosukhin are among the named partners. The firm operates through three distinct teams of corporate executives, with no single managing partner controlling allocations — a structure that reflects the consortium origins of the fund.
How does SID Venture Partners source proprietary deal flow?
Deal flow originates from the engineering benches of Sigma Software, IdeaSoft, and Datrics, where partners encounter early-stage teams seeking development resources. The GPs' presence across Eastern Europe and their roles in Y Combinator and blockchain ecosystems surface pre-institutional rounds that generalist seed funds often miss. The firm's website frames this as 'founders investing in founders,' enabled by direct operator networks rather than a scout program or advisor network.
Is SID Venture Partners structured as a venture capital fund or a venture studio?
SID operates as a venture fund that can deploy dedicated engineering resources from partner IT-services companies, blurring the line between fund and studio. The GPs do not build startups internally, but they can assign staff engineers and QA teams to portfolio companies — a capability that traditional funds provide only through operating-partner networks. This makes SID function more like a technical co-founder than a passive LP for early-stage teams.
What investment stages does SID Venture Partners typically target?
The firm pursues early-stage companies — seed through Series A — that have paid traction and demonstrated market fit. The average initial check is $200K, sized to serve as a lead or co-lead in pre-institutional rounds across CEE and global tech hubs. SID does not typically participate in growth-stage rounds or pre-revenue pre-seed financing.
Which sectors does SID Venture Partners explicitly avoid?
The firm describes itself as industry-agnostic but shows no portfolio exposure to traditional heavy industry, commodities, or brick-and-mortar retail. Sector tags from disclosed investments concentrate on AI/ML, blockchain, deep tech, B2B SaaS, fintech, and digital health — suggesting a de-facto exclusion of capital-intensive physical-world businesses without a software core.
How is SID Venture Partners related to Sigma Software Labs?
Sigma Software Labs is the dedicated venture vehicle of Sigma Software Group, one of the three IT-services firms whose executives co-founded SID. Daria Yaniieva serves as Investment Director for Sigma Software Labs, which has deployed $1.4M across 15 portfolio companies. While SID Venture Partners and Sigma Software Labs share GPs and deal flow, the website presents them as separate legal structures — SID as a broader partnership and the Labs as a corporate venture arm.
Does SID Venture Partners participate in fund commitments or only direct deals?
The firm's disclosed activity consists entirely of direct equity investments in operating companies, with no fund-of-funds commitments or LP positions in other venture vehicles cited on the website. The partnership's value proposition — engineering firepower and enterprise client access — applies only to direct portfolio relationships, making fund commitments unlikely to be a material part of the strategy.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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