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RubyLight is a microventure capital firm in Riga that focuses on helping fast growing internet and mobile startups to scale and expand globally. Founded 2010 in Riga, Latvia by Vitaly Rubstein, it invests in seed rounds and series A rounds. Its portfolio companies include Bolt, Jodel, Sweatcoin, and Tandem. Bolt is the leading European transportation platform that’s focused on making urban travel easier, quicker and more reliable. Jodel is a platform that enables its users to discover, follow, and participate in the most relevant conversations with people nearby. Sweatcoin is a digital currency backed by economic value of physical movement. Tandem is a free mobile app that provides the easiest way to learn a foreign language one-on-one with other people from around the world. As of March 2020, RubyLight has made five investments. Their most recent investment was on January 17, 2018, when Sweatcoin raised $5.7M.