There were many mistakes in my path: we didn't know how to launch products, hire people and measure metrics. All this summed up in the time we've wasted. I am ready to make every effort to rid the founders of this terrible loss and focus on growth immediately.
In 2000, I learned coding as a student: launched Lineage 2 gaming servers and international courier service in my small room in Narva, Estonia. Striving for knowledge, I moved to Edinburgh, Scotland. I worked 12 hours per day at a production line to be able to survive and continue studies. It was a mind-blowing burst of motivation! Hustling around, I got a job at HSBC's head office with 10,000 employees in it, while still finishing a university degree in banking and finance.
While studying at the university, I was invited to help set up a new transportation company in Europe. I was inspired by the idea of allowing people of all ages and incomes to meet their families cheaper and faster than before. The goals were achieved through bold solutions in data analytics and machine learning. More than 70 lines were launched and 250+ trips were being performed by 130 buses on a daily basis. Eight million people per year were enabled to travel comfortably and with bigger ease than before. The result was inspiring and I challenged myself to understand better how people interact, and how culture and habits affect decision making.
The concept of improved interaction in the real world through IT solutions drove me to Singapore. Together with my team, we created a global identity verification and personal data management tool that would simplify access to financial tools for unbanked people while meeting the highest security requirements. This is how BASIS ID was born, and now it’s part of the ZignSec family.
In 2018, I was listed on Forbes 30 Under 30 for contribution to the development of the digital identity in Asia. By the age of 26, I visited more than 40 countries.
My strategy during the last 10 years were to say "yes" to every incoming opportunity. However, this negatively affected my perception of life values. Now I concentrate on what I really like - investing in founders, build banking for e-commerce entrepreneurs and innovative financial products like revenue based loans. I am partner in VC fund and venture building studio called VNTRS. We invested and built 30+ companies in Baltics & Nordics with a mission to help digital entrepreneurs to succeed.
In 2020 & 2021, I reviewed 500+ companies, interviewed 131 founders, 27 due diligence reports, 10 investments and lead 3 investment rounds.
In 2021, I have become a member of the Estonian Founders Society board with a goals to finding novel solutions for engaging our society’s activities and creating new initiatives, growing cross-border networks that lead to lasting partnerships, and introducing C-level professionals to members who can boost their confidence to start a new career as a founder and maintain motivation in their aspirations.
I run Fund Fellow Founders (fff.vc) - a community of tech executives turned into angel investors. We invest and collectively advise founders from the Baltics & the Nordics.
I am occasionally lucky enough to convince founders to let me join as a small part of their journeys. I'm a quiet name on the cap table and cannot take credit — all success is squarely due to their hard work and vision.
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“Tinder for loans”. Loan brokerage solution that utilizes alternative data to boost financial inclusion in Southeast Asia
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All-in-one learning platform for effective skills development
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Grocery delivery app optimised for freshness and quality
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AI-powered vehicle verification with damage detection
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The best influencer discovery platform, with the best data in the world
Stories and DD reports
I am occasionally write short articles and due diligence reports. I share it with my friends and we try to help startups or have strong discussions about interesting topics:
I love adventures. Hiking, sailing, kitesurfing, biking, surfing - just name it. If you have a great idea for crazy trip, let me join you!
Akim Arhipov - Founder - Fund Fellow Founders | LinkedIn
View Akim Arhipov's profile on LinkedIn, the world's largest professional community. Akim has 11 jobs listed on their profile. See the complete profile on LinkedIn and discover Akim's connections and jobs at similar companies.
Akim Arhipov is the managing director of Singapore-based data and analytics startup Data Depot.
SUUR LUGU | 30 alla 30-aastast tulevikutähte. Kes ehitavad tuleviku ükssarvikuid ja loovad rikkust?
Unustage väljend „Noored on hukas", sest meie tulevik tõotab tulla väga huvitav. Need 30 noort tulevikutähte kas juba loovad töökohti või hakkavad seda peagi tegema. Delfi Ärileht ja Asutajate selts valisid välja 30 tulevikutegijat, kellest me peagi aina rohkem kuulma hakkame. Jätkem need inimesed meelde, sest uued Villigud ja Hinrikused võivad tulla just nende seast.
New investors community brings in scout and angel model in the Nordics and Baltics
Catering to the rise of the startup ecosystem in the Baltics, Estonia's angel investors community Fund Fellow Founders (FFF) has been launched to source, challenge and invest smart in founders from the Nordics and the Baltics. Bringing a new scout and angel community model into the Nordic and Baltic region, FFF will invest in startups at seed stage along with promising Series A rounds.
О темной и светлой стороне использования личных данных?
Интернет маркетинг заинтересован в получении наших личных данных, чтобы сделать нам наилучшее предложение. Но всегда ли мы понимаем, какие и сколько данных имеется у предприятия о нас, а также насколько эти данные защищены. Технология блокчейн может стать решением проблемы управления своими данными, на этой технологии построен проект BASIS ID
VNTRS enters the Estonian startup ecosystem with an innovative startup studio concept - Latitude59
VNTRS - a startup studio and VC fund from Sweden. The VNTRS mission is to maximize the likelihood to deliver successful digital products and services, with high quality. They believe that too many good ideas and passionate entrepreneurs fall short due to the wrong reasons - and are here to change this.
ZignSec : completes the acquisition of 70 percent of BASIS ID Group, which was announced through a press release on 31 August 2020 | MarketScreener
Press Release 02 October 2020 15:20:00 CEST ZignSec completes the acquisition of 70 percent of BASIS ID Group, which was announced through a press release on 31 August 2020 ZignSec AB (publ) ("ZignSec" or "the Company"), has today completed the acquisition of 70 percent of the shares in the Singaporean companies Data Depot Engineering Pte Ltd.
I am trying to set better expectations for those reaching out (and to selfishly spare my inbox). If you are contacting me for one of the following reasons, please take a quick look at my default response before doing so.
I don't invest frequently but, when I do, I prefer founders whom I know personally or markets that are dissimilar to the ones I'm already in.
Regardless, I'm always happy to see new startups and founders and provide feedback so please do email me your deck or prospectus!
Unfortunately, I'll decline most opportunities unless I have a personal relationship with the organizer or if it's a smaller audience of <50 attendees.
It wasn't so long ago that I was in your shoes and I remember, admire, and sorely miss the hustle and grind.
I'm launched #justnameIT scholarship. Please read the terms and apply!