Fruit and vegetable delivery service OVO closes a $500k seed round - AIN - AIN

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Summary

Ukrainian startup OVO raised $350,000 in a seed round at a pre-money valuation of 3 million, as reported to AIN.UA by TA Ventures. TA Ventures, the ICLUB private investors club, and Imperia Holding invested in this round. In one year of operation, by March 2021, the startup had more than 7,500 clients with an average order amount of UAH 950-1,000. Since then, besides fruits and vegetables, the company added its own-produced bread, cereals, teas and continues expanding the product range. The startup was launched in the spring of 2020 by the founders of Bluocean marketing agency Roman Melkumov and Stepan Zyniakov.

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