Fura

Fura is a Russian transportation organization service founded by Philip Gazmanov, Arthur Zhazhoyan, Gevork Sargsyan and Evgeny Muravyov.

Performance indicators

2020-2021: Revenue - 522.4 million rubles, profit - 218 thousand rubles

According to its own data, Fura's turnover at the end of 2021 in the United States and Russia amounted to $45 million. The Russian legal entity of the startup, Frater LLC, ended 2020 with revenue of 522.4 million rubles with a net profit of 218 thousand rubles.

History

2023: Owner of furniture and mattress maker Armanna gets 14% in Fura service

In January 2023, it became known that the owner of the manufacturer of soft furniture and mattresses "Armanna" Anait Basentsyan became part of the co-owners of the Fura service - her share in the startup founded by Philip Gazmanov (son of the famous Russian singer Oleg Gazmanov) amounted to 13.8%, according to the data of the Unified State Register of Legal Entities (USRUL). Financial and other parameters of the transaction are not disclosed.

In the current realities, the business is sold at a large discount, so there are buyers who are ready to purchase assets on favorable terms, says Infoline CEO Ivan Fedyakov.

Arthur Zhazhoyan, Philip Gazmanov (founders of Fura)

The CEO of the group of companies Business Lines"" Farid Madani said that in 2022 the changed situation in the logistics market contributed to the development of new routes in,, Kazakhstan,, Kyrgyzstan, and Iran. India Arab Emirates China Turkey

Platform solutions are largely helping to reduce current costs to market participants, their active implementation and the search for analogues of foreign ones has become a long-playing trend, which will retain its influence in the current [2023] year, he said.

At the same time, despite a 40% decrease in the turnover of cargo transportation to Europe, their complete cancellation did not happen.

In 2023, logistics companies will face an increase in the cost of operating transport, said Trucker CEO Kirill Kochanov. According to him, after the cessation of the supply of imported trucks, carriers continue to use trucks purchased before the imposition of sanctions, although equipment from China has already appeared on the market. He also predicted an increase in fuel prices and an increase in employee salaries.

Already now, in January [2023], some carriers have raised tariffs by 5-10%, "Kochanov emphasized. "We expect that by the end of March all carriers will follow this example, as a result of which tariff inflation in 2023 will be about 10[1]

2022: Attraction of 600 million rubles

On January 18, 2022, it became known about the investment of 600 million rubles in Fura. The investment company Fort Ross Ventures invested the most in the startup (the amount was not disclosed), the Flashpoint Venture Debt fund, the founder of the ATI freight exchange Svyatoslav Wilde and others also took part in the transactions.

About attracting investments in Fura told. Forbes At the same time, the company did not name its assessment based on the results of financing. It could amount to $70-80 million, the investment director of the fund estimated. Skolkovo Ventures Sergey Sobolev He calculated it at the company's turnover of $45 million in 2021: the traditional forwarding business is usually estimated at multiples of 0.8-1.2 to the annual turnover, and technology companies trade at a premium of 2-3 to the turnover.

Russian online navigator for truck drivers Fura raised 600 million rubles

Fura will direct funds received from investors, including to increase the number of teams, marketing and attracting new customers in the United States.

According to Sobolev, Fura by January 2022 is among the top 5 technological freight forwarders in Russia in terms of turnover. In the local market, the platform competes with Deliver, Atlas Chain and Atlas Delivery, Trucker, Convoy and other companies, he lists. According to the investor, in the United States, the startup is still far from leadership:

This is a super competitive market, Fura's performance on it is still a drop in the ocean, but the founders are on the right track, "he said.

Despite the competition, Oleg Gazmanov's son Philip, who founded Fura, considers the American market promising.

Its volume is more than half of Russia's total GDP, so in the near future we will actively invest in growth in the States, - said Gazmanov, whose words are quoted by the Fura press service.[2]

2021: Entering the US market

In mid-September 2021, Fura announced its entry into the American market under the brand fura.com. USA The Russian company has launched a service for organizing road transportation. Among Anheuser-Busch InBev the first customers is the company, one of the largest beer producers in the world, TAdviser the press service said. startup

According to Fura co-founder Philip Gazmanov, the most difficult thing when entering the new market, in addition to finding the first clients, was just to get a brokerage license - for this it was necessary to collect a package of documents, as well as pay a deposit of $75 thousand.

Russian service for organizing transportation Fura entered the US market

It is noted that the relations with international brands already built in Russia helped to attract the first customers. Since its full launch in the spring of 2021, the company has completed more than 1,500 shipments by mid-September 2021, displacing competitors. Over the summer, the company formed a team that is engaged in the development of the American direction.

The US market is a huge challenge for our team. We are already growing rapidly and know that we can grow even faster, "Gazmanov is sure.

He noted that Fura began to take its first steps in the US market at the end of 2020 - then the company studied the specifics of the market, communicating with American truckers. The latter, for example, are used to digital media, since scans and photographs of documents are accepted for payment, while paper invoices are still required in Russia. Since all market players are licensed, this forms trust, and avoids excessive paperwork when interacting with counterparties, Gazmanov emphasized.

Notes