Akim Arhipov

Akim Arhipov

Estonian. I currently serve as a partner at VNTRS and member of board at BASIS ID


Current Location Tallinn, Estonia


BASIS ID - identity verification and eKYC company in SEA, a large share of which was acquired recently by Swedish IT giant ZignSec.


VNTRS - venture capital studio and VC fund that helps founders to launch fast-growing products by investing competence and money.


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 - build banking for e-commerce entrepreneurs and innovative financial products like sweat equity & 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.


Scholarship #justnameIT


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.

Proud of

Startup Wise Guys
Europe's most experienced B2B startup accelerator
ATOM Mobility
All the technology you need to launch and scale kickscooter, scooter, bike, moped or even car sharing business.
Jeff App
“Tinder for loans”. Loan brokerage solution that utilizes alternative data to boost financial inclusion in Southeast Asia
Learn coding with smart accessory that you can personalize anytime and anywhere through the imagiLabs app.
All-in-one learning platform for effective skills development
Interactive tools for online events
Grocery delivery app optimised for freshness and quality
Nordic Fresh Greens
Vertical farm in Narva, Estonia

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:

My learnings in due diligence: 2020
Market evaluation: TAM-SAM-SOM
Recap: How to avoid a climate disaster by Bill Gates
Timeless retro games. Online multiplayer.
Enterprise-grade learning & development suite
All measurements from one place
Subscription based blood micro-sampling kit delivered by courier
Real estate agents marketplace
Interaction tool for virtual events
Interaction tool for virtual events


I love adventures. Hiking, sailing, kitesurfing, biking, surfing - just name it. If you have a great idea for crazy trip, let me join you!



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!


Email me To get in touch


Connect with me On LinkedIn