Type of investment:
Startup

Repsly

The Shelf kings. SaaS retail execution platform built by two Markos literally out of the garage. Unfortunately, we met them a bit later yet had the opportunity and the privilege to grow alongside Repsly since 2017.

Previous Project
Next Project
Investment type
Startup
INDUSTRY
Retail, Tech
FOUNDERS
Marko Kovac
Co- founder
Founders

Repsly

When we first encountered the Repsly team back in 2017 we didn’t know much about venture as an asset class. Quite frankly, we didn’t even know what questions to ask or how to put metrics that were presented into a perspective but we immediately knew these guys were for real. Marko and Marko were on a mission to improve efficiency of retail field teams by giving them all the data driven tools they needed and they were doing it while growing 100% year over year.

Their product was already global and used by clients such as Nike Inc. and Dyson Limited so when presented with an opportunity to invest in their vision at a valuation that seemed reasonable even for our public market brains (not something we have seen often since), it was as a snap decision. This was our first startup investment and we all know that all the life’s first ones are remembered somewhat emotionally and that being said, we feel that Repsly’s success flew slightly under the radar.

Being humble guys, two Markos put their heads down and grinded up until a partial acquisition of Repsly by Resolve Growth Partners in 2019 was done at an almost 40 million USD valuation which puts Repsly near the top of the most successful regional SaaS list. Achieving this during the time of scarce VC money in the region without any real local trailblazers to carve the path prior to them makes their accomplishment even more remarkable. We feel very lucky that we were given a chance to be a tiny part of all of that.

More projects

The values we believe we bring to the table are real world experience, transparency, simplicity combined with speed while always having our own skin in the game.

Qubinets

Qubinets provides graphical interface to define the architecture and ease maintenance of big data

Read More
button right teal gradient
GlycanAge

A deeply scientific approach to health issues helping us track and reduce our biological age

Read More
button right teal gradient
Cateks

Future looks bright as Cateks produces advanced materials in an environmentally friendly way

Read More
button right teal gradient
Eonex

Doubled the number of employees, tripled revenue. Today a cutting-edge high-precision manufacturer

Read More
button right teal gradient
APIOS

Automotive fuel retail company lifted from 11 to 29 sites thanks to our Ivan, the CFO

Read More
button right teal gradient
Farseer

Imagine a child born out of the marriage of Airtable and Google Sheets. Pretty useful

Read More
button right teal gradient
Sportening

New kind of social media app that focuses on sports fans thus providing them with a voice

Read More
button right teal gradient
Fueloyal

Connected vehicle data enables fleet managers and vehicle OEMs to solve their inefficiencies

Read More
button right teal gradient
By clicking “Accept All Cookies”, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts. View our Privacy Policy for more information.