Rumen lliev

Partner

2012

LAUNCHub Ventures is a seed stage Venture Capital firm based in Sofia investing in early stage startups in Bulgaria and the wider Southeastern Europe region. Founded in 2012, the first LAUNCHub fund of 9M EUR, was actively investing until the end of 2015 and has been deployed in pre-seed tickets up to 200K EUR. The former fund backed 62 startups which have attracted more than 20M EUR in follow-up funding. The second 18M EUR LAUNCHub Ventures fund, announced in December 2016 expands into the seed space with investments in the range of 300K to 700K EUR, expandable up to 2M EUR per company.

Investment Manager

2012 - 2012

Founder / Business Consultant

2011 - 2012

Business Process Mapping, Process Improvement, Business Strategy

Seniour Consultant

2011 - 2011

Management Consulting / Business Consulting

Business Processes Specialist

2008 - 2008

Involved in establishment of an in-house reinsurance company (GP Re) in Sofia, Bulgaria Coordination of the SAP FS-RI implementation for the GP Reinsurance EAD

Risk Specialist

2007 - 2008

Co-ordinated activities of the Risk Management department in CEZ foreign equity interests /foreign subsidiaries/. Coordinated the introduction and implementation of reporting processes and risk management systems to local environment and practices. Worked on Credit Scoring model (bonita zakazniku); Risk Capital - /Profit@Risk/ model; Operational Risk - risk mapping; Cash Flow at Risk model.

Internal Auditor

2006 - 2007

Internal Audit Specialist Actively participated in various audits in the Czech Republic and in Bulgaria. /electricity sales, electricity distribution, strategic communication, HR, facility management, IT/ CEZ Potentials Program - a leadership development program of CEZ Group. - participant from 11.2006 to 11.2007. Chosen to represent the CEZ Potentials Program at the CEZ Management Meeting 4 in 2007.

Internship

2004 - 2004

Financial Manager Assistant

1999 - 2001

Responsible for day-to-day payments and ordinary banking operations Co-created business plans and credit requests for clients Collaborated with government departments, banks and nonprofit organizations