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.
Publish in Twitter
Write to Facebook
Google Buzz
Write to LiveJournal
Show in MM
Share MK
Find Related Content


Tags: Deliver (4) / Inventure Partners (1) / round of funding (0) / freight transport (0) / freight logistics (0) /

Latest News: Central regions
15 Oct '18 | Transport, logistics | Finance, business
11 Oct '18 | Technology & innovation | Finance, business
10 Oct '18 | Technology & innovation | Finance, business
5 Oct '18 | Technology & innovation | Finance, business

Feature stories

27 Aug '18
7 Jun '18
Russian scientists have come up with a new method of...
3 Apr '18
In regions most of European Russians will hardly ever...
Search (News archive - 21280)
Independent Software Developers Forum
Marchmont News

Latest News

15 Oct '18
InSize, a Russian company, has developed and is...
11 Oct '18
Russia is stepping up support for developers of IT...
10 Oct '18
Primer Capital, a Russian venture fund, has invested...

Most read stories from last week

15 Oct '18
InSize, a Russian company, has developed and is...