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AdFirst

adfirst.vc Direct investor

AdFirst is a Cyprus-based investment firm that co-invests alongside other VCs in early and expansion-stage startups, mainly in B2C, AdTech and e-commerce. It also provides marketing due diligence and strategic marketing support to investors and portfolio companies.

AdFirst is a venture capital firm headquartered in Limassol, Cyprus. It invests directly in companies, from seed to Series A, in B2C, AdTech, E-commerce and fintech. Its stated cheque size is from $ 100,000 to $ 500,000 in the first round and up to $1,000,000 at subsequent stages.

“AdFirst is a company designed to co-invest with other VCs in early and expansion stage start-ups. Along with investments, we provide strategic marketing expertise.”

— AdFirst, own website
Layer
Direct investor
Type
Venture capital
Stage
Seed – Series A
Headquarters
Limassol, Cyprus
Invests in
worldwide
Sectors
B2C, AdTech, E-commerce, Fintech, Gaming, Education, Healthcare
Cheque size
from $ 100,000 to $ 500,000 in the first round and up to $1,000,000 at subsequent stages

Team, as AdFirst publishes it

  • Anton Gorshkov CEO
  • Konstantin Gorshkov Advisor
  • Alexander Bornyakov Advisor
  • Zhibo Fan Advisor

Names and roles exactly as listed on adfirst.vc. Nothing else about these people is recorded.

Where this comes from

Every fact above was read from a page AdFirst publishes itself. Nothing is taken from third-party databases. Investment activity (deals, co-investors) is not yet recorded.

  • https://adfirst.vc/name, is_investor, layer, type, hq_country, hq_city, invests_in_geographies, stage_min, stage_max, sectors, cheque_size, thesis_quote, thesis_quote_page, description, people, status, confidence

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Record 15570 · added 2026-10-20 · link last verified 2026-10-21 · confidence high

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