Central regions | Transport, logistics | Finance, business
Young Russian freight logistics provider completes international funding round
27 Jun '17
Deliver (formerly iCanDeliver), a Russian start-up that provides online freight logistics solutions, has just announced the completion of a substantial $8m nine-month-long round of funding from an international investor consortium, East-West Digital News reported.
Inventure Partners, a Russian VC fund, invested $3m in the company as a complement to a $5m capital injection provided in October last year by A&NN Investments (owned by Russian billionaire Alexander Mamut) and Singapore-based Amereus Group.
Deliver helps companies find the closest shipping service provider and automates the process of ordering freight transport. It claims to have the largest base of carriers in Russia, with nearly 60,000 confirmed drivers signed up.
Deliver launched its service earlier this year after completing a beta testing phase. The company already handles several thousand orders each month with a monthly growth of 30%.
The completion of the funding round comes just a few weeks after the international launch of Uber Freight.