Registry Code: 12504237
+372 50 962 35
[email protected]

10117, Harju maakond, Tallinn
Kesklinna linnaosa, Tartu mnt 83

Investing into
the future

Introducing Burfa Capital. An organization with a number of subsidiary companies under its control, as well as an investment company focused on working with innovative projects and start-ups.

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Our projects

Burfa Capital is a commercial organization, the company has been operating since 2013, emphasizing collaboration and investment in such priority areas as IT, fintech and data processing.

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Our projects

Burfa Capital is a commercial organization, the company has been operating since 2013, emphasizing collaboration and investment in such priority areas as IT, fintech and data processing.

SCROLL

Burfa tech

A leader in the field of data center design and maintenance for the industrial sector, Burfa Tech specializes in high-performance computing and turnkey data center solutions. Using a broad range of construction systems, Burfa Tech implements the projects of any scale or complexity. In October 2019, Burfa Tech was awarded first place in the ranking of the most successful IT companies in Estonia created by Estonian financial newspaper Äripäev.

Burfa media

The company provides computing equipment for processing large data arrays and for any operations that require significant computing power. In addition, Burfa Media offers digital marketing and PR services as well as technical expertise to ensure flawless hardware performance.

Burfa real estate

The company is engaged in the construction of commercial and residential luxury real estate in Estonia for the subsequent sale and rent. Our licensed engineers and specialists conduct a full analysis and coordinate construction projects as well as maintain the finished objects.

Polybius

A fintech company developing OSOM, a comprehensive money management service that allows the users to analyze transactions and control their financial services and assets.

Advendor

A leading affiliate network offering solutions in the various fields of CPA marketing. Founded in 2015, the company has so far generated over 4 million leads and ensured stable profits for both publishers and advertisers. At the moment, Advendor has over 200 CPA offers in gaming, finance and dating industries.

Cyberland

Cyberland develops easily scalable software solutions for both new and existing business products. The company creates tailor-made agile products and tests experimental concepts under real conditions to reduce the likelihood of financial losses.

Apico

The company is engaged in full-cycle software development: from a concept to a working product. At the moment, Apico is designing a mobile app Lokimo — self-guided city tours and quests.

Lokimo

Lokimo is a mobile app with self-guided tours created by experienced guides and locals. Unlike classic city tours, Lokimo routes take the travelers off the beaten path, let them move at their own rhythm and cost less. Developed by Apico in 2019, Lokimo currently has over 200 tours and quests in more than 30 cities worldwide, from Tallinn to Sidney.

Nuland

NuLand combines blockchain technology, QR codes, satellite data, augmented reality and artificial intelligence to establish a new level of economic and social interactions among users. The company enriches digital maps with augmented reality and infuses objects and locations with an encyclopedia of information in 3D animation.

Codiv Ukraine

Codiv Ukraine builds high-load cloud systems in the fields of blockchain and internet marketing using the most innovative technologies and programming languages. lt also specializes in the development of mobile applications for Android and iOS.

Always go
the extra mile

We strive not just to fulfill our promises, but to deliver solutions that exceed our customers’ expectations. We listen closely and work with every piece of feedback to resolve all the possible concerns before they arise.

Honesty is
the best policy

Burfa is an abbreviation of the toponym “Burkina Faso”, the homeland of honest people. It is consistent with our company philosophy: we adhere to the principles of absolute transparency with all our stakeholders.

Reliability is the
key to trust

While we prefer having all the cards on the table, we guarantee absolute confidentiality and safety when it comes to sensitive information. Our clients, investors and employees can be 100% sure their private data remains safe and undisclosed.

Go somewhere new to
get somewhere new

To be one step ahead, you always have to start before you are ready. We dove headfirst in eight different industries and built powerful businesses. The secret of success is having reliable and like-minded people in your team.

Latest news

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We want to make
a world of difference

Innovators at heart and one of the fastest-growing companies in Estonia.

We dare to implement world-changing ideas that disrupt the local market and go far beyond it.

With our entrepreneurial mindset and exceptional technical expertise, we aim to become a recognized market leader and set trends and standards for IT services and solutions.

Burfa Capital is headquartered in Tallinn, Estonia with three more offices in Belgium, San Marino and Ukraine.

Our story

  • June 2013
    Founded by two entrepreneurs from Ida-Virumaa who aimed to put Estonia on the global tech map with their large-scale hardware solutions.
  • February 2015
    Foundation of Advendor, a leading affiliate network offering solutions in the various fields of CPA marketing.
  • June 2017
    Polybius Foundation, a subsidiary of Burfa Capital, became the first company in Estonia to issue ICO tokens and introduce the concept of a token in the Estonian legal field.
  • February 2018
    Our IT department scaled up and became a separate company called Cyberland. The company develops easily scalable software solutions for both new and existing business products.
  • February 2019
    Burfa Capital entered the list of the top fast-growing companies in Estonia, whose work, according to the Estonian financial newspaper Äripäev, strongly contributes to the national economy.
  • October 2019
    Burfa Tech was awarded first place in the ranking of the most successful IT companies in Estonia created by Estonian financial newspaper Äripäev.
  • Present Day
    While our priority areas are IT, fintech and databases, Burfa Capital also has portfolio companies focused on real estate, digital marketing, software development, and AI/AR.
Ivan Turygin

Ivan Turygin

Board member, co-founder

In real life, you have to work hard for what you believe in

The best fish swim near the bottom. Successful people leave no stone unturned, share their vision with the team and have a bit of luck to be in the right place at the right time.

No man is an island: a true leader should take responsibility and at the same time trust the employees with delegated tasks.

My children are the most significant achievement in my life. I take as much pride in our successful companies and projects as I do in my own children.

Sergei Potapenko

Sergei Potapenko

Board member, co-founder

The people close to me are the most significant achievement in my life

You cannot accomplish much without a clearly set goal. Whatever challenges come your way, maintain your sense of purpose: it will help you keep on the track.

A crucial part of success is a meticulously selected team. Colleagues who trust and respect each other deliver outstanding results.

My family, friends and colleagues are the most significant achievement in my life.

Nikolay Pavlovskiy

Nikolay Pavlovskiy

Chief Technology Officer

People who think freely and feel supported build the most remarkable companies

You only need two things to be successful: a little bit of patience and truly boundless curiosity.

To create a groundbreaking solution, someone brave must first take a leap of faith for others to follow. Why not you?

Technology is just an instrument, it won’t make you happy or rich. Being there for each other will.

Ivan Turygin

Ivan Turygin

Board member, co-founder

In real life, you have to work hard for what you believe in

The best fish swim near the bottom. Successful people leave no stone unturned, share their vision with the team and have a bit of luck to be in the right place at the right time.

No man is an island: a true leader should take responsibility and at the same time trust the employees with delegated tasks.

My children are the most significant achievement in my life. I take as much pride in our successful companies and projects as I do in my own children.

Sergei Potapenko

Sergei Potapenko

Board member, co-founder

The people close to me are the most significant achievement in my life

You cannot accomplish much without a clearly set goal. Whatever challenges come your way, maintain your sense of purpose: it will help you keep on the track.

A crucial part of success is a meticulously selected team. Colleagues who trust and respect each other deliver outstanding results.

My family, friends and colleagues are the most significant achievement in my life.

Nikolay Pavlovskiy

Nikolay Pavlovskiy

Chief Technology Officer

People who think freely and feel supported build the most remarkable companies

You only need two things to be successful: a little bit of patience and truly boundless curiosity.

To create a groundbreaking solution, someone brave must first take a leap of faith for others to follow. Why not you?

Technology is just an instrument, it won’t make you happy or rich. Being there for each other will.

What is important for us?

We are people-first

Burfa Capital is a people company with family values. Since 2013, we have expanded from a team of five like-minded individuals to over 100 people in four countries. Venturesome, honest and open-minded, our employees grow together with the company over the years and remain our most valuable asset.

At Burfa Capital, we learn by doing and appreciate ideas and innovations. We respect those who challenge the status quo, take responsibility and aim to get better at everything they do. We regularly attend conferences, business forums and various specialized industry events, as participants, speakers and sponsors.

  • of those who joined the company within
    the last six years are still with us.

We remember our roots

Our founders Ivan Turygin and Sergei Potapenko come from Estonia, a country with 1,3 million citizens and four unicorn start-ups. As Burfa Capital scales up and expands geographically, we keep investing in the future of our home country and people living next to us.

In 2019, our subsidiary Burfa Tech in cooperation with Enefit Technology Park completed the construction of the largest computing center in Northern Europe. It will provide the customers with cloud computing, graphical rendering, artificial intelligence and machine learning services.

  • Apart from that, we sponsor the children’s
    football team “Phoenix” (Jõhvi).

We create opportunities for the youth

As an innovative company, Burfa Capital participates in sTARTUp Days and collaborates with the Tallinn Technical University to hire the brightest minds. Creative and independent young professionals cooperating with experienced seasoned employees help us create successful solutions and companies.

Our team

Anton Altement

Co-Founder and CEO, Polybius

Anton Altement

Maksim Jevsejev

CEO, Advendor Network

Maksim Jevsejev

Sergei Gerasimov

CPO, Apico

Sergei Gerasimov

Pavel Ivanov

Board Member and CEO, Burfa Real Estate

Pavel Ivanov

Sergii Vakula

CEO, Codiv Ukraine

Sergii Vakula

Arkadi Zaitsev

COO, Cyberland

Arkadi Zaitsev

Pavel Borozdin

CTO, Cyberland

Pavel Borozdin

Samir Mastaki

Co-Founder and CEO, Nuland

Samir Mastaki

Vadim Vohmyanin

CEO, Lokimo

Vadim Vohmyanin

Burfa Capital brings together over 110 top specialists with a passion for technology. Our engineers, developers, designers, editors, market and sales experts work together as one team to keep Burfa Capital one step ahead of the industry.

  • Burfa tech Burfa tech
  • Burfa media Burfa media
  • Burfa real estate Burfa real estate
  • Polybius Polybius
  • Advendor Advendor
  • Cyberland Cyberland
  • Apico Apico
  • Lokimo Lokimo
  • Nuland Nuland
  • Codiv Ukraine Codiv Ukraine
 

Burfa tech

A leader in the field of data center design and maintenance for the industrial sector, Burfa Tech specializes in high-performance computing and turnkey data center solutions. Using a broad range of construction systems, Burfa Tech implements the projects of any scale or complexity. In October 2019, Burfa Tech was awarded first place in the ranking of the most successful IT companies in Estonia created by Estonian financial newspaper Äripäev.

Burfa media

The company provides computing equipment for processing large data arrays and for any operations that require significant computing power. In addition, Burfa Media offers digital marketing and PR services as well as technical expertise to ensure flawless hardware performance.

Burfa real estate

The company is engaged in the construction of commercial and residential luxury real estate in Estonia for the subsequent sale and rent. Our licensed engineers and specialists conduct a full analysis and coordinate construction projects as well as maintain the finished objects.

Polybius

A fintech company developing OSOM, a comprehensive money management service that allows the users to analyze transactions and control their financial services and assets.

Advendor

A leading affiliate network offering solutions in the various fields of CPA marketing. Founded in 2015, the company has so far generated over 4 million leads and ensured stable profits for both publishers and advertisers. At the moment, Advendor has over 200 CPA offers in gaming, finance and dating industries.

Cyberland

Cyberland develops easily scalable software solutions for both new and existing business products. The company creates tailor-made agile products and tests experimental concepts under real conditions to reduce the likelihood of financial losses.

Apico

The company is engaged in full-cycle software development: from a concept to a working product. At the moment, Apico is designing a mobile app Lokimo — self-guided city tours and quests.

Lokimo

Lokimo is a mobile app with self-guided tours created by experienced guides and locals. Unlike classic city tours, Lokimo routes take the travelers off the beaten path, let them move at their own rhythm and cost less. Developed by Apico in 2019, Lokimo currently has over 200 tours and quests in more than 30 cities worldwide, from Tallinn to Sidney.

Nuland

NuLand combines blockchain technology, QR codes, satellite data, augmented reality and artificial intelligence to establish a new level of economic and social interactions among users. The company enriches digital maps with augmented reality and infuses objects and locations with an encyclopedia of information in 3D animation.

Codiv Ukraine

Codiv Ukraine builds high-load cloud systems in the fields of blockchain and internet marketing using the most innovative technologies and programming languages. lt also specializes in the development of mobile applications for Android and iOS.

BY PEOPLE
FOR PEOPLE
BY PEOPLE
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