The company was founded by 2 brothers, Demian and Sergei Schkolnik. Demian is a civil engineer in computer science (and has a master's degree in computer science) and specializes in developing IT tools, AI Algorithms, and Big Data Analysis. Sergei is an industrial civil engineer, specialist in business process managment, agile methodologies, and Lean methodologies. Both studied at Universidad de Chile.

Following a previous investigation in the Real Estate Business, Kiev Labs founders decided to start working together developing algorithms and software to predict housing values. Using this, they found Bullestate, an investment advisory firm, which detects buying and selling opportunities.

Kiev Labs was created to boost productivity in companies, not only in real estate, but in any industry. The driving force is the combination of different development solutions. This not only generates an impact on the growth and productivity of the companies, but also transforms them into competitive agents, becoming digital leaders in their respective fields. In times of crisis, it is key to be able to optimize resources to the maximum, in order to experience and exponencial increace in their revenue, without risking the life of the company.