Serhii Tokarev, IT specialist, investor, and со-founder of the Roosh company, as well as the Ukrainian venture fund Roosh Ventures, announced an important investment step, organizing a $1.9 million investment in the startup Rollstack.
The main idea of Rollstack is to develop innovative solutions for automatically creating and updating presentations, financial reports, business reviews, and various documents. This news also attracted the attention of major global investors.
According to Serhii Tokarev, thanks to this support, Rollstack has raised significant seed funding, which will allow them to accelerate the development of their product and introduce it more widely to the market. The development of Rollstack plays a crucial role in optimizing work processes, making it an integral part of the evolution of the work environment.
Rollstack, a startup founded in 2022, is designed for companies that face challenges in creating business overviews, financial reports, and corporate presentations. The platform, developed by Rollstack, automatically generates and updates slides and graphics in documents using various data sources, including business intelligence tools, CRM systems, and data warehouses.
According to Serhii Tokarev, at Roosh Ventures, this innovative tool freed up to 50 percent of the team’s time, which was previously spent on monotonous tasks of updating reports and presentations. The Rollstack eliminates the need to manually update documents and presentations and works without the need for engineering intervention. Thanks to this, teams can use their time more efficiently, delve deeper into data analysis, and build more strategic solutions instead of wasting time on mechanical paperwork. Rollstack is becoming a key player in workflow optimization and automation.
Rollstack continues to conquer the data visualization market and set new standards. The 50 percent month-on-month growth in its customer base is an impressive testament to how much Rollstack is appreciated by its diverse customer base. This platform is not limited to a specific niche; it serves both small startups and large players in the technology industry.
According to Serhii Tokarev, at the moment, the Rollstack team, which includes only seven employees, does not intend to stop there. The end of the first quarter of 2024 promises to see a doubling of the team size to meet the increasing demand for innovative solutions. A growing customer base and ambitious growth strategies have made Rollstack a leading player in the data visualization space.
Andrii Tymovskyi, junior partner at Roosh Ventures, expressed his belief that Rollstack represents the future of innovation in this space and can bring value to many industries.
Roosh Ventures, a Ukrainian venture capital fund, has strengthened its position in the global startup investment scene by continuing to actively invest in innovation and technological advancement. Its focus spans companies at various stages of development, from pre-seed to Series A rounds. However, over the past three years, Roosh Ventures has taken a step forward, demonstrating the highest level of activity in promising sectors such as artificial intelligence, financial technology, the gaming industry, and medical technology. This wide range of interests and investment areas of the fund confirms its adaptability to dynamic changes in the market and compliance with modern trends.
Roosh Ventures is not limited to just financial support for startups. The fund is actively involved in their long-term success and helping shape the future of technology companies. This includes expert assistance in the integration and development of artificial intelligence (AI) and machine learning (ML) technologies. With this support, startups can more successfully integrate AI and ML into their products and services, increasing their competitiveness in the market.