2GIS founder sells stake and exits the company
By ForGeeks
Alexander Sysoev, the founder of the 2GIS service, has left the company and sold his stake in Doublegis LLC at the end of July 2025. The exact amount of the deal was not disclosed, but experts estimate it at about 5.5 billion rubles, if you do not take into account the pre-determined terms of the option. The sale documents were signed on July 28, Forbes reports, citing sources close to the entrepreneur.
In 2020, Sberbank acquired a majority stake in 2GIS through Digital Assets LLC, gaining 71.94% of the management company. A further 3% stake went to a joint venture between Sberbank and VK (then Mail.ru Group), with the founders and management retaining 25%. At the time of the deal, Doublegis was valued at 14.3 billion rubles.
At the time of the deal, the value of the company was estimated at 14.3 billion rubles.
According to SPARK, new legal entities were merged into Doublegis LLC on August 1, 2025. Although the name of the buyer has not been officially disclosed, sources claim that the stake was acquired by a structure related to Sberbank.
According to SPARK, the new legal entities were merged into Doublegis LLC on August 1, 2025.
The 2GIS service operates in 1,400 cities in Russia and abroad. By July 2025, its monthly audience reached 86.9 million people and the number of partner companies reached 113,700. Over the five years from 2020 to 2025, the number of active users has grown from 50 million.
In 2022, the 2GIS app was removed from the App Store and Google Play due to sanctions against Sberbank. However, the service returned to the App Store in April 2023 and to Google Play in the spring of 2024. The company filed a lawsuit against Google, demanding to recognize the removal of the app as illegal, and the court ruled in favor of 2GIS.
Alexander Sysoev devoted 25 years to the project. The first version of the service appeared in 1999, and in 2004 he founded Doublegis LLC, where he became CEO.
As of 2025, experts estimate that the company’s value is about 1 billion dollars. In the rating of the most expensive Russian Internet companies, Doublegis ranks 13th. The market value of the 25% stake is estimated in the range from 9.4 to 14 billion rubles.
Analysts believe the latest deal solidified Sberbank’s full control over 2GIS, completing the consolidation process that began in 2020. For the bank, the service is an important infrastructure asset, integrated with maps, fintech products, delivery and search services.
