The women-founded and -led private equity firm invests in fast-growing tech and export-oriented companies in Ukraine and the near region. In the face of Russia’s full-scale invasion of Ukraine, Horizon Capital raised US$ 254 million in investment capital as well as tens of millions of dollars in humanitarian aid for the country, and have raised HCGF IV’s hard cap to $300 million to mobilize private investors prior to final closing in September. Anchor investments by select 2X member DFIs played a crucial enabling role. Horizon Capital has backed global success stories of women founders, including Creatio and BetterMe among others.
“We pride ourselves in Horizon Capital being a trailblazer in Central and Eastern Europe – raising the first and largest fund for Ukraine since the full-fledged invasion and equally important, this fund being the first and only 2X Flagship Fund in our region and only one of 2 woman-founded and woman-led in an industry managing $10 trillion where senior women comprise circa 12%”, stated Lenna Koszarny, Founding Partner and CEO, Horizon Capital for Forbes
Being a 2X Flagship Fund “is of great value to us as it aligns our investors and team around clear gender-smart investing objectives,” continues Koszarny. “We have seen the outsize role of women in Ukraine throughout this most challenging time in the country’s history – in government, politics, civic society, defending the country - as well as in the business community leading companies driving Ukraine’s ongoing economic and business resilience. The fast-growing IT sector has seen a surge of women-founded companies and women joining tech, a figure that has tripled over the past decade.”
