According to the press release, Toloka will take an observer seat on Portoro’s board of directors, allowing the syndicate to participate in the company’s strategic decision-making process.
Portoro reported $2.7 million in gross revenue, which surged more than tenfold in 2024 to reach $28.9 million. The platform consolidates luxury villas, homes, and apartments across major resort destinations in the U.S., offering management fees ranging from 16% to 30%, depending on the market.
Toloka.vc was launched in 2023 by Taras Kyrychenko, Ihor Shoifot, and Oleksandr Kolb. The syndicate has made 17 investments totaling over $17 million, typically investing between $250,000 and $1.5 million in high-growth companies.