The Ukrainian venture fund Roosh Ventures has invested in Rollstack, a startup that has developed an innovative solution to automatically create and update presentations, financial reports, business reviews, and various documents. Top global investors, including Y Combinator, UpHonest Capital, Kima Ventures, Goodwater Capital, and Monte Carlo Capital, have also invested in the company. With their support, Rollstack raised $1.9 million of seed funding.
Sergey Tokarev, an IT investor, businessman, and co-founder of the technology company Roosh, part of the Roosh Ventures ecosystem, shared the news of this investment on Facebook. According to Sergey, Rollstack’s solution plays a crucial role in streamlining work processes.
“Reports have always been a challenge. I cannot even imagine how much time I used to spend on them. Now, I look back and realize how much time my teams spent on updating business reviews, financial reports, and client presentations. At Roosh Ventures, this accounts for 50 percent of their time. The problem is clear, and Rollstack’s solution frees up work time essentially for more critical tasks, such as analysis and strategy,” commented Sergey Tokarev.
Rollstack was founded in 2022. It is primarily used for business reviews, financial reports, and corporate presentations. The platform automatically generates and updates slide decks and graphics in documents using various data sources, including business analytics tools, CRM systems, and data repositories. This enables teams dealing with large volumes of information, such as those in analytics, finance, business operations, and marketing, to focus on core tasks like analysis and strategy rather than the labor-intensive process of report creation. Roll stack operates without requiring any manual or engineering work. It imports current information into presentations and reports created in other programs, such as Google Workspace, Microsoft 365, or Notion, on a predetermined schedule.
Rollstack’s client base experiences a 50% monthly growth rate and encompasses a diverse range of clients, from small startups to tech industry giants like Deel and Pinterest. Currently, Rollstack’s team consists of seven members, and it plans to double its team size by the end of the first quarter of 2024.
Andrii Tymovskyi, a junior partner at Roosh Ventures, commented: “Rollstack is ready to revolutionize the $7.4 billion data visualization market with enormous potential. The Rollstack product streamlines many data visualization processes and is now attracting interest from established companies. We are confident that Rollstack represents the future of innovation in its sector.”
Roosh Ventures is a Ukrainian venture capital fund that invests in startups at various stages, from pre-seed to Series A, across various industries. Over the last three years, the fund has been most active in the AI, fintech, gaming, and health tech sectors. Roosh Ventures co-invests in promising tech companies with renowned global funds and focuses on the EU and US markets. The fund has already invested in well-known startups like Deel, TheGuarantors, Oura, Pipe, Alma, Playco, Dapper Labs, Alter, and more than 35 other companies. Roosh Ventures is part of the Roosh technology ecosystem, providing portfolio companies with support in integrating and implementing AI/ML technologies, talent recruitment, and business development.