Ukrainian Startup Liki24 Raises $9M
Ukrainian startup Liki24 has announced a new round of funding, securing about $9 million.
- This Series A marks the largest round in the company’s history.
- In total, Liki24 has now raised $10 million over several funding rounds since its launch in 2019.
- Back in 2020, the startup raised $5 million from Horizon Capital.
- In 2022, according to Scroll.media, Liki24 planned a major investment round with backing from foreign investors and funds. The money was intended to support the company’s expansion into Western markets. However, due to the start of full-scale competition, the planned investment was withdrawn.
- The new round’s investors are mostly Ukrainian investment firms — TA Ventures, ICLUB, u.ventures, N1 Ventures, SID Venture Partners, DniproVC, and MA7 Ventures (Kazakhstan).
The fresh capital will fuel further expansion into Western markets — a key growth priority for Liki24.
«I am glad to invest again in Liki24 and consider them one of the strongest companies in the e-commerce sector right now. Proof of this is their large-scale business restructuring and the extremely successful entry into the EU market in 2022. There, they built a multimillion-dollar, well-established business virtually from scratch. The new financing will help accelerate this growth and support the founders’ vision for further expansion. As an investor, I am extremely satisfied with the cooperation and the strategic company created by Anton Avrinskyi and his team,» says Dmytro Vartanian, Managing General Partner at SID Venture Partners.
In an interview, Liki24’s CEO and co-owner Anton Avrinskyi confirmed that the company’s plan for 2025–2026 is to double its market share across all European countries. The business has now reached a point where most of its revenue comes from outside Ukraine.
Alongside its core business, Liki24 is also developing two smaller ventures — Nasnaga and Lab24.
Ukrainian Startup Liki24 Raises $9M
Ukrainian startup Liki24 has announced a new round of funding, securing about $9 million.
- This Series A marks the largest round in the company’s history.
- In total, Liki24 has now raised $10 million over several funding rounds since its launch in 2019.
- Back in 2020, the startup raised $5 million from Horizon Capital.
- In 2022, according to Scroll.media, Liki24 planned a major investment round with backing from foreign investors and funds. The money was intended to support the company’s expansion into Western markets. However, due to the start of full-scale competition, the planned investment was withdrawn.
- The new round’s investors are mostly Ukrainian investment firms — TA Ventures, ICLUB, u.ventures, N1 Ventures, SID Venture Partners, DniproVC, and MA7 Ventures (Kazakhstan).
The fresh capital will fuel further expansion into Western markets — a key growth priority for Liki24.
«I am glad to invest again in Liki24 and consider them one of the strongest companies in the e-commerce sector right now. Proof of this is their large-scale business restructuring and the extremely successful entry into the EU market in 2022. There, they built a multimillion-dollar, well-established business virtually from scratch. The new financing will help accelerate this growth and support the founders’ vision for further expansion. As an investor, I am extremely satisfied with the cooperation and the strategic company created by Anton Avrinskyi and his team,» says Dmytro Vartanian, Managing General Partner at SID Venture Partners.
In an interview, Liki24’s CEO and co-owner Anton Avrinskyi confirmed that the company’s plan for 2025–2026 is to double its market share across all European countries. The business has now reached a point where most of its revenue comes from outside Ukraine.
Alongside its core business, Liki24 is also developing two smaller ventures — Nasnaga and Lab24.
