LETA Capital
Vahan Mgebryan is a seasoned finance professional with extensive experience in senior management and financial roles. Currently, Vahan serves as a General Partner at LETA Capital since February 2024. Prior to this, Vahan held the position of Deputy CEO at Caucasus Online from May 2012 to March 2024, and previously served as Chief Financial Officer from December 2006 to 2012, where responsibilities included the development of financial control systems and leading acquisition processes. Vahan’s earlier experience includes roles at Castel Brewery JSC as Head of Managerial Accounting, Grant Thornton Amyot LLC as a Senior Auditor/Trainer, JSC "Telasi" as a Senior Financial Analyst, and the Bank of Georgia as IFRS/IAS Implementation Manager/Financial Analyst. Vahan holds an ACCA qualification and a Bachelor of Applied Science in Finance.
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LETA Capital
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LETA Capital is an early-stage venture capital firm investing in revenue-generating B2B and B2C software startups. LETA Capital focuses on entrepreneurs with strong anti-crises experience who are disrupting their industries and finding new opportunities and ways of scaling startups. LETA Capital invests in various sectors, such as Business Intelligence, Big Data Analysis, AI-based technologies for different industries, traditional business process optimization, robotization or replacement, and robotics for business (logistics, production, etc.). LETA Capital invests in IT technologies based on strong R&D, e.g., we have invested in Synthesis AI (the data generation platform for computer vision), DEVAR (Phygital company), Gaviti (SaaS platform that helps manage and collect invoices), Novakid (AI-based English learning platform). We also were the first investors in InDrive (ex-inDriver), a unicorn backed by Bond Capital, Insight Partners and General Catalyst. InDrive is now valued at US $1.23B, and it is one of the fastest growing and most profitable urban services companies in the world. LETA Capital has three funds under management and its AUM is US $0.4bn+. LETA Capital was founded in 2012 and is based in the Cayman Islands.