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
|Mar, 2015||Double Data||$3.2M / Series A||—|
|Oct, 2014||CarPrice.ru||$2M / Seed||—|
|Oct, 2014||AutoSpot||$3M / Series A||—|
|Dec, 2013||IQcard||$3.7M / Series B||—|
|Nov, 2013||AdMoment||$3M / Series A||—|
|Sep, 2013||AutoSpot||$600k / Seed||—|
|May, 2013||Kommerstate.ru||$900k / Series B||—|
|Apr, 2013||Heverest.ru||$6M / Series C||—|
|Mar, 2013||IQcard||$2.5M / Venture||—|
|Nov, 2012||Teamo.ru||$2.3M / Series B||—|
|Oct, 2012||Eventmag.ru||$550k / Series A||—|
|Sep, 2012||AdMoment||$300k / Seed||—|
|Jul, 2012||IQcard||$1M / Series A||—|
|Jun, 2012||Kommerstate.ru||$550k / Series A||—|
|Jun, 2012||RentHome.ru||$600k / Series A||—|
|May, 2012||Eventmag.ru||$700k / Seed||—|
|May, 2012||IQcard||$500k / Seed||—|
|Jun, 2011||VitaPortal||$1M / Seed||—|
|Apr, 2011||OdinOtvet||$500k / Seed||—|
|Dec, 2010||Relevant Media||€2M / Seed||—|
|Oct, 2010||ShoppingLive.ru||$1M / Venture (Lead)||—|
|Jan, 2010||Sapato.ru||$3M / Series A||—|
Current Team (16)Update
CEO and Co-Founder
Bank Products and Financial Services
Human Resources and Talent Developer
Legal and Corporate Governance, New Business set up
Business Development and Online Marketing
Sales, B2B PR and Mobile
|Mar 13, 2015||Venture Beat - Bank software startup Double Data secures $3M|
|Oct 31, 2014||The Next Web - Eastern Europe: October Tech News Roundup|
|Apr 10, 2014||WSJ Blogs - Peter Zhegin: Why You Should Consider Moscow|
|Mar 27, 2014||Venture Beat - Russia's venture capital market journeys from euphoria to maturation|
|Mar 20, 2014||TechCrunch - New Research Suggests Russian VC Has Dumped Seed For Late Stage And Exits|
|Dec 24, 2013||Venture Beat - Kazakhstani businessman Kenges Rakishev leads $3.7 million round in Moscow startup IQcard|
|Nov 7, 2013||TechCrunch - Russian Health Advice Site VitaPortal Merges With Local Medical Platform ZdorovieOnline, Gets $1.35M Funding Injection|
|Jan 9, 2013||The Next Web - European Tech's Finest: Here's the Europas 2013 Shortlist|
Gr. Xenopoulou 17
Limassol, Limassol P.C. 3106