Moscow-based Dostavista secures $15 million in Series B funding for its same-day delivery service

Moscow-based Dostavista secures $15 million in Series B funding for its same-day delivery service

Dostavista, a Russian same-day delivery service operating globally, has raised $15 million in a Series B funding round led by Vostok New Ventures to focus on product, marketing, and sales.

Dostavista claims it enables delivery in 90 minutes or precisely on time, via any route, any transport, any weight or size, for a competitive price. Its algorithms optimise numerous parallel deliveries taking into account the geographical routes, packages’ contents, couriers and many others to ensure the feasibility of the same-day delivery. 

All customers need to do is request a delivery on the Dostavista website or via its mobile app and a courier will pick up and deliver the requested item in less than 90 minutes. Dostavista aims at offering convenience to the customers, while giving sellers the advantage of shipping products in extremely short time, regardless of the size of their company.

“These days it’s possible to order food to your house in a half-hour, taxi in minutes, but unless you’re an Amazon Prime member, your options for affordable, same-day delivery of goods are very limited,” says Mike Alexandrovski, founder of Dostavista. “That’s a problem and one we intend to solve.”

Initially, Alexandrovski wanted to create a mobile game where people could pick up virtual items and carry them across the city for some reward. Long before launching the game, he realised that he had no idea how to monetise it. So, he took a bold plunge and pivoted toward letting people deliver real packages. That’s how Dostavista’s crowdsourced same-day delivery service was born.

“Over the years we observed how our on-demand delivery changes people’s habits and frees up time for better things in life, creates new business opportunities and provides employment to hundreds of thousands of people. We are already the market leader by number of countries of operation and we are preparing our technology, operations, and sales for exponential growth ahead,” continues Alexandrovski.

Founded in 2012, Dostavista now employs almost 400 people with offices and operations in eleven countries including Brazil, India, Indonesia, Korea, Malaysia, Mexico, the Philippines, Russia, Thailand, Turkey and Vietnam. The company says it deploys over one million registered couriers globally with customers ranging from individuals to Fortune 500 organisations.  The current landscape in same-day deliveries in Europe is quite competitive with big players such as Glovo in the mix. Add CitySprint, courierlogistics and scaling from the UK and Shiptor active on Russian market, and it’s clear that the recent funding will come in handy for Dostavista and its future growth.

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