Fastlane Ventures is a Russian company focused on the development, launch and promotion of innovative internet businesses.
Founded in 2010 by a team of experienced entrepreneurs with a track record of successful investments, the company has launched 20 internet start-ups to capitalize on the increasing demand for online services and growing appetite for investment in the Russian internet market by Western and Russian investors.
The company has attracted more than $85 million from international investment funds. Key strategic investment partners of Fastlane Ventures are Direct Group, e.ventures and VTB Capital. Among the investors of the company also Intel Capital, Kinnevik, Mangrove Capital, ru-Net, UMJ Russia, and some others to launch companies across the online retail, travel, relationship, health and recruitment areas.
The strategic focus of Fastlane Ventures is to target business-to-consumer niche markets with low levels of competition. The Company's aim is to anticipate the not yet satisfied needs of Russian customers.
Fastlane Ventures acts as both an operational and investment partner at the same time. It is the sole Russian company that provides an initial seed investment in addition to having a hands-on operational role with its businesses through its team of high calibre professionals. To launch its business quickly and effectively, Fastlane Ventures has adopted proprietary solution called Fast 50, which enables a new venture to launch in just 50 days and ensures an efficient path between launch and exit.
Fastlane Ventures has established a team of highly regarded professionals, who possess unique knowledge and expertise in management, entrepreneurship, e-commerce, business development, marketing and PR, investment generation, HR management, web design and much more.
Once the new business venture is operating effectively, Fastlane Ventures helps its investment partners realize their investment return through the sale of the business to other strategic investors. This usually takes place approximately 2-3 years after the initial business launch.
For more information about Fastlane Ventures and its portfolio companies, please visit http://fastlaneventures.ru/en/
Funding Rounds (2) - $31MUpdate
- 02/07/12 -techcrunch.com