Summary of Kyrgyzstan startup ecosystem database as of October 20, 2017 prepared by Seth Fearey, Chair of the Board of KG Labs Public Foundation

1. Summary of Startup Ecosystem
Database
20 October 2017

2. Database
updatedin
12/2016
http://kglabs.org/index.php
/kyrgyz-startup-ecosystem/

3. EntriesInthe
Database
10/2017
STARTUPS 97
SUPPORTING
ORGANIZATIONS
88
PEOPLE 51
INVESTORS 19

4. Startups
STARTUPS 97
OLDEST 2000
YOUNGEST 2016
AVERAGE AGE 4.6 YEARS
MEDIA AGE 3.0 YEARS
HQ BISHKEK 91
OTHER HQ HONG KONG, KIEV
(2), LONDON,
SEATTLE, SYDNEY

5. 1
2
0 0
4
1 1 1
2
5
7
4
7
9
15
17
19
0
2
4
6
8
10
12
14
16
18
20
Number of Companies Started in Each Year
2000 - 2016

6. StartupSectors
Category Number of Startups
E-COMMERCE 20
MEDIA 8
ENTERTAINMENT 7
TAXI 6
CRM 5
JOB BOARDS 5
FINANCE 5
TRAVEL 4
CLASSIFIEDS 4
EDUCATION 4
AUTO SALES 3
CMS 3
SOCIAL NETWORK 2
Other 22

7. Startup Stages
only afewentries
inthedatabase
Number of
Startups
EARLY SEED 3
RISING SUCCESS 6
NOTABLE SUCCESS 8
MATURE 2
HOUSE.KG $300,000
HATA.KG $2,500,000
IBOX $80,000,000
Guestimate valuations:

8. Community
Supporter
Organizations
Number of
Startups
TOTAL 88
OLDEST 1991
NEWEST 2016
AVERAGE AGE 7.3 YEARS
MEDIAN AGE 5 YEARS

9. 1
0
1 1
0
1
3
0 0 0
2
0
1 1
4
3
2 2
4
5
6
4 4
9
11
13
0
2
4
6
8
10
12
14
Number of Community Supporter Organizations Started
each Year
1991 - 2016

10. Community
SupporterRoles
Roles Number of Startups
OUTSOURCING
COMPANY
23
DESIGN COMPANY 13
MEETUP 12
SCHOOL 11
STARTUP EVENT
SPONSOR
9
LOCAL MEDIA 5
ADVOCACY 4
CO-WORKING SPACE 3
EVENT 3
GOVERNMENT ENTITY 2
Other 4

11. People
Number
Individuals 51
In Bishkek 34
San Francisco 4
London 2
New York 2
Sydney 2
Singapore,
Vancouver, Paris,
Montreal, Manila,
Boston, Almaty
1 each

12. Peopleby
Category
Category Number
COMMUNITY
SUPPORTER
24
LOCAL STAR 18
LOCAL
CONNECTOR
7
WIKI
CONTRIBUTOR
2

13. Investors
Category Number
INVESTORS 19
HEADQUARTERS:
BISHKEK 10
ALMATY 2
ASTANA 2
MOSCOW 1
KIEV 2
STANFORD 1
BOSTON 1

14. Investorsby
Investment
Stage
Stage Number of
Investors
Seed, early 8
Early stage 3
Series A 4
Series B 1
Series C 1
Some double counting

15. TypicalSizeof
Investment
Size Range Number of
Investors
$1,000 – 10,000 3
$10,001 – 50,000 4
$400,001 -
$500,000
2
$1,000,000 1
Unknown 9

16. COMMENTS
 No information on the number of
employees or sales, so we cannot get
a sense of how important these
businesses are to the economy.
 Are “startups” really tech companies
at all stages of maturity?
 The ratio of supporting organizations
to startups 88:97 is very high.
 Which supporting organizations play
a leadership role?