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Fastlane Ventures

Europe, Limassol, Cyprus, Limassol

Description

Fastlane Ventures, headquartered in Limassol, Cyprus, emerged as a prominent venture builder focused on the Russian internet market during the early 2010s. Unlike traditional venture capital firms that primarily invest in external startups, Fastlane Ventures adopted a "startup factory" or "venture builder" model, conceiving, developing, and launching its own innovative internet businesses from scratch. This strategy aimed to capitalize on the rapidly growing digital economy in Russia by building companies in various sectors, including e-commerce, travel, and online services.

The firm was co-founded by Marina Treshchova and Pascal Clement and quickly gained traction, attracting significant capital. In 2011, Fastlane Ventures secured $15 million in funding from Direct Group, followed by an additional $20 million in 2012 from a consortium of investors. This substantial capital allowed them to pursue an ambitious strategy of rapid company creation. Their operational model involved providing initial capital, strategic guidance, and shared operational resources to their internally developed ventures, aiming to launch between 10 to 15 new companies annually during their peak activity.

Key portfolio companies that Fastlane Ventures developed include OnlineTours.ru, a prominent online travel agency, and Dombook.ru, an online real estate platform. While some sources associate them with larger Russian e-commerce successes like Lamoda or KupiVIP, Fastlane's core activity revolved around building and scaling their own directly incubated projects. The firm's intense period of activity largely spanned from 2011 to around 2015-2016, after which their public profile and new venture launches significantly diminished, reflecting a shift or conclusion of their primary venture building operations. Given their unique model of internal company creation rather than external investment, typical "first cheque" sizes for external startups are not applicable to Fastlane Ventures.

Investor Profile

Fastlane Ventures has backed more than 26 startups, with 0 new investments in the last 12 months alone. The firm has led 4 rounds, about 15% of its total and boasts 3 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Series B rounds (top funding stages).
  • Majority of deals are located in Russian Federation, Germany, China.
  • Strong thematic focus on E-Commerce, Retail, Advertising.

Stage Focus

  • Seed (38%)
  • Series A (27%)
  • Series B (19%)
  • Series Unknown (8%)
  • Angel (4%)
  • Series C (4%)

Country Focus

  • Russian Federation (85%)
  • Germany (8%)
  • China (4%)
  • Japan (4%)

Industry Focus

  • E-commerce
  • Retail
  • Advertising
  • Information Technology
  • Automotive
  • Internet
  • Finance
  • Loyalty Programs
  • Non Profit
  • Rental
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Fastlane Ventures frequently co-invest with?

Prostor Capital
Europe, Moscow City, Russian Federation, Moscow
Co-Investments: 1
RTP Global
Europe, England, United Kingdom, London
Co-Investments: 3
DG
Europe, Doncaster, United Kingdom, Doncaster
Co-Investments: 4
Headline
North America, California, United States, San Francisco
Co-Investments: 5
TA Ventures
Europe, Hessen, Germany, Frankfurt
Co-Investments: 2
Almaz Capital
North America, California, United States, Portola Valley
Co-Investments: 2
Kima Ventures
Europe, Ile-de-France, France, Paris
Co-Investments: 1
Runa Capital
Europe, Luxembourg, Luxembourg, Luxembourg
Co-Investments: 1
AltaIR Capital
North America, California, United States, San Francisco
Co-Investments: 1
Kinnevik
Europe, Stockholms Lan, Sweden, Stockholm
Co-Investments: 2

Which angels does Fastlane Ventures often collaborate with?

Güimar Vaca Sittic
North America, New York, United States, New York
Shared Deals: 1
FG
North America, New York, United States, New York
Shared Deals: 1
JM
Europe, Madrid, Spain, Madrid
Shared Deals: 1
TD
Europe, Switzerland
Shared Deals: 1
MV
Europe, Zurich, Switzerland, Zürich
Shared Deals: 1
OH
Europe, Luxembourg, Luxembourg, Luxembourg
Shared Deals: 1
DR
Europe, Russian Federation
Shared Deals: 1
AK
Europe, Novosibirsk, Russian Federation, Novosibirsk
Shared Deals: 1

What are some of recent deals done by Fastlane Ventures?

Kuaishangche

Beijing, Beijing, China

Kuaishangche is a comprehensive service platform focusing on auto finance.

AutomotiveFinancial Services
AngelNov 19, 2019
Amount Raised: $1,707,504
Double Data

Moscow, Moscow City, Russian Federation

Big Data solutions for financial organizations

FinTechSoftware
Series AMar 10, 2015
Amount Raised: $3,200,000
CarPrice.ru

Moscow, Moscow City, Russian Federation

CarPrice develops technology, infrastructure and services for used cars transactions between private sellers and professional buyers.

AutomotiveBig DataDirect SalesE-Commerce
SeedOct 28, 2014
Amount Raised: $2,000,000
Carprice

Tokyo, Tokyo, Japan

Car Price is a Motor vehicle company.

Electric VehicleInformation TechnologyInternet
SeedOct 28, 2014
Amount Raised: $2,000,000
AutoSpot

Moscow, Moscow City, Russian Federation

AutoSpot is a pioneering platform for buying new cars. Company use reverse marketplace model by aggregating offers from official dealers.

AutomotiveE-CommerceE-Commerce PlatformsMarketplace
SeedApr 1, 2014
Amount Raised: $1,379,373
Heverest.ru

Moscow, Moscow City, Russian Federation

Heverest.ru operates an online portal that provides online shopping services for clothing, footwear, sports equipment and accessories.

E-CommerceLifestyleShopping
Series CApr 1, 2014
Amount Raised: $6,000,000
IQcard

Moscow, Moscow City, Russian Federation

IQcard specializes in the distribution and service of bank cards and the development of loyalty programs for retailers.

FinanceInformation TechnologyLoyalty ProgramsNon ProfitRetail
Series BDec 23, 2013
Amount Raised: $3,700,000
AdMoment

Berlin, Berlin, Germany

AdMoment, a mobile advertising company, offers an advertising platform which provides intelligent targeting solutions through smartphones.

AdvertisingAdvertising PlatformsMobileReal Time
Series ANov 6, 2013
Amount Raised: $3,000,000
VitaPortal

Moscow, Moscow City, Russian Federation

Vitaportal is an online web portal offering comprehensive and reliable health and medicine information.

Digital MediaHealth CareInternetMedical
Series BSep 26, 2013
Amount Raised: $1,350,000
Kommerstate.ru

Moscow, Moscow City, Russian Federation

Kommerstate.ru is an effective tool and an easy way for brokers to find tenants and buyers via the Internet as well as for searchers to

AdvertisingReal EstateRental
Series BMay 1, 2013
Amount Raised: $900,000