Serhii Tokarev, со-founder of Roosh and Ukrainian venture fund Roosh Ventures, announced the latest investment in Rollstack. This startup has developed an innovative solution for automatically creating and updating presentations, financial reports, business reviews, and documents. This investment did not go unnoticed, as the world’s leading investors also invested in it, including Y Combinator, UpHonest Capital, Kima Ventures, Goodwater Capital, and Monte Carlo Capital.
The support of these financial giants allowed Rollstack to raise $1.9 million in seed funding. This significant investment will allow the startup to strengthen its product development and expand its market presence.
According to Serhii Tokarev, the Rollstack solution plays a decisive role in optimizing work processes, making it one of the most promising projects in document automation.
The words of Serhii Tokarev, co-founder of Roosh Ventures, have become a reality thanks to the innovative startup Rollstack. Recent research showed that at Roosh Ventures, as much as 50 percent of work time was spent creating and updating business overviews, financial reports, and presentations for clients. However, now, thanks to Rollstack, this is not a problem.
Founded in 2022, Rollstack is a revolutionary platform designed specifically to automatically create and update reports and presentations. It integrates with a variety of data sources, including business intelligence tools, CRM systems, and data warehouses, to automatically generate information and graphics in documents. This means teams at Roosh and other information-intensive companies can focus on more important tasks, such as analysis and strategy.
According to Serhii Tokarev, Rollstack does not require manual work or engineering skills. It is capable of importing current information into presentations and reports created in various software environments, including Google Workspace, Microsoft 365, and Notion, according to a predetermined schedule. This opens up new horizons for efficient work and more productive use of working time.
Rollstack continues to impress with its success in the data visualization market. The platform not only met expectations but was also able to achieve a monthly increase in its customer base of 50%. From small startups to tech giants like Deel and Pinterest, Rollstack’s customers have embraced the power of innovation the platform offers.
As Serhii Tokarev noted, the Rollstack team, currently consisting of seven people, is actively working to expand its capabilities and plans to double its composition by the end of the first quarter of 2024. The demand for data visualization automation continues to grow around the world, and Rollstack is a shining example of this technology revolution.
Roosh Ventures continues to lead an innovative path in the global startup market. This Ukrainian venture fund specializes in investing in promising technology companies at different stages of their development, which includes both initial stages (pre-seed) and more advanced (series A). At the same time, Roosh Ventures has been actively diversifying its portfolio, especially over the past three years, where it has seen high investment activity in the artificial intelligence, financial technology, gaming, and medical technology sectors.
Roosh Ventures’ collaboration with global funds confirms its international status and commitment to global impact. The fund has a well-deserved place in the investment world and supports promising projects, including such successful startups as Deel, TheGuarantors, Oura, Pipe, Alma, Playco, Dapper Labs, Alter, and many others.