Founded in 2010 and based in Moscow, Russia, Foresight Ventures focuses on investing in internet, e-commerce, new media, and advertising companies. They typically invest in startups that are 2-3 years old and have a strong presence in the United States. The fund has a successful track record in fields such as cloud computing and software, with notable portfolio companies including Jelastic. Foresight Ventures often participates in investment rounds with 3-4 other investors and has received funding from sponsors like TomorrowVentures and Tech Coast Angels. They provide financial resources and professional expertise to help entrepreneurs turn their business ideas into successful companies.