Prytek

Prytek is a multinational technology investment group, founded in 2017 by Andrey Yashunsky and Igor Rybakov, that builds and invests in technology and service companies to create vertically integrated ecosystems. The company is headquartered in Singapore and has a significant global presence with offices in the UK, Israel, India, the US, and across Europe. Prytek's business model centers on what it calls Business Operating Platform-as-a-Service (BOPaaS), where it acquires or merges with companies and integrates them into a larger platform, offering their combined services to clients. This model allows clients to lift out entire operational functions and transfer them to Prytek's mutualized platform, aiming for cost efficiencies and operational improvements.

The company was founded by Andrey Yashunsky, whose background includes time as an Air Marshal for the Israeli secret service. The idea for Prytek originated from the cover story he used during his service, where he claimed to be a fundraiser for Israeli tech companies. This cover story allowed him to build a network with founders and investors, which later evolved into the global operations company. Yashunsky, along with co-founder Igor Rybakov, established Prytek to design and build technologies that help firms meet new challenges and regulatory requirements. The firm's leadership also includes Arnon Shiboleth as Co-CEO.

Prytek operates two main divisions: a venture capital arm and a BOPaaS division. The venture capital division invests in growth-stage companies across sectors like fintech, edtech, cybersecurity, and HR-tech. The BOPaaS division delivers technology-based managed services. Key portfolio companies and acquisitions include Delta Capita (financial services), ThriveDX (cyber and IT education), Hirewell (talent acquisition), and TipRanks (financial data analytics). Prytek's strategy involves merging deep-tech SaaS companies with managed services firms to enhance efficiency, often replacing human functions with AI. The company generates revenue by providing these integrated, technology-driven outsourcing and managed services to a client base of over 250 firms worldwide, including major financial institutions. A significant milestone was a $107 million Series D funding round in November 2021, led by Davidson Kempner Capital Management, to fuel its global expansion and M&A activities.

Keywords: Business Operating Platform-as-a-Service, BOPaaS, corporate venture capital, vertically integrated solutions, technology investment, managed services, financial services, cybersecurity education, HR-tech, deep-tech, SaaS integration, Andrey Yashunsky, Igor Rybakov, Delta Capita, ThriveDX, TipRanks, private equity, fintech investment, operational efficiency, technology ecosystems