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IT Park Ventures and AloqaVentures jointly invest $400,000 in Uzbek startup Verifix

by Gulnoza Sobirova
July 30, 2025
in Startups
Reading Time: 3 mins read
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IT Park Ventures and AloqaVentures jointly invest $400,000 in Uzbek startup Verifix
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On July 30, 2025, an investment agreement was signed between IT Park Ventures, AloqaVentures, and the startup Verifix. Based on this agreement, the project secured $400,000 in funding. The deal represents a synergy between government backed-venture capital funds, with IT Park Ventures investing $150,000 and AloqaVentures contributing $250,000.

This investment is aimed at expanding Verifix’s potential to enter both the Uzbek and international markets, strengthening the team, advancing the product, and solidifying its position in the segment of corporate and governmental digital document circulation solutions.

About Verifix

Verifix is a technological platform designed in accordance with Uzbek legal requirements for digital signing, document storage, and management. This solution enables businesses to automate document workflows, reduce costs, and enhance the transparency of internal processes. By implementing Verifix, companies can completely abandon paper-based systems and transition to a digital information management model.

Today, Verifix is used by more than 200 major companies across Uzbekistan, including banks, insurance companies, logistics operators, and retail chains. In the near future, the team plans to expand into Central Asian and Middle Eastern markets, with a particular focus on the HoReCa, retail, distribution, manufacturing, and service sectors.

Azamat Karamatov, CEO of IT Park Ventures:

“Verifix is more than just a tech product — it is the backbone of a digital infrastructure designed to transform strategic sectors of the economy. The startup demonstrates maturity, adaptability, and a deep strategic vision that enables it to scale confidently across international markets. We see particularly strong potential in the HoReCa, retail, distribution, and manufacturing industries. By supporting projects like Verifix, we are not only contributing to the growth of the digital economy but also fostering the creation of highly skilled jobs in Uzbekistan — a key priority for us as an institutional investor.”

Islombek Sanakulov, Project Manager, AloqaVentures:

“AloqaVentures has invested in Verifix — a promising HR-tech startup offering full-scale automation of HR processes across Central Asia and the Caucasus. Verifix addresses critical business challenges by enhancing transparency, discipline, and process efficiency. The company has already proven itself in the market through partnerships with leading enterprises in the region. This investment reflects AloqaVentures’ strategic focus on supporting scalable technology solutions in high-potential regional markets.”

Mumin Salimov, Co-founder and CEO of Verifix:

“The investment from IT Park Ventures and AloqaVentures is a clear affirmation of the strategic importance of our mission. Verifix is committed to fundamentally transforming HR processes — from employee onboarding to building transparent and scalable talent management systems. The funds raised will accelerate our platform development, team growth, and market expansion. We believe the future of successful organizations lies in taking a systematic approach to working with people.”

The joint investment in Verifix by IT Park Ventures and AloqaVentures is a clear example of how collaboration between venture capitals can support high-potential startups and generate new growth points in the digital economy.

To apply for investment from IT Park Ventures, fill out the application form via the following link: itparkventures.uz

Your idea could become the next success story on the international stage!

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