The oxidative polymerization of furan, 3-methylfuran and 2,2＇,5＇,2 "-terfuran, induced by iodine in organic solvents having different donicity, was investigated by time-resolved electron paramagnetic resonance (EPR) spectroscopy. The reaction was monitored starting from the onset of the process and radical species arising from the monomers in early stages of the polymerization reaction were detected. The comparison between experimental and theoretical hyperfine coupling constants, obtained by simulated EPR spectra and theoretical ab initio calculations, respectively, allowed one to structurally characterize the above radical species, thus enabling mechanistic conclusions about oxidative coupling. Moreover, the analysis of the time evolution of EPR spectrum during the oxidative polymerization process was used for evaluating the relative amount of localized and mobile radical species along the polymer backbone, thus getting preliminary information about conjugation extent and electroconducting properties of the final material.