Overfunding: Ireland’s Grocery Delivering Service Buymie Surpasses £350,000 Through Crowdcube Campaign

Buymie, an Ireland-based grocery delivery service, has successfully secured its initial £350,000 funding target through its equity crowdfunding campaign on Crowdcube.

Founded in 2015, Buymie described itself as an on-demand grocery delivery platform that allows consumers to order goods from local grocery stores and have them delivered to the door within 1-3 hours. The company’s app offers consumers ways to connect with a personal shopper, who uses their own smartphone and car to puck up and deliver groceries.

The Buymie platform provides a secure data and cashless payment connection between customers and personal shoppers while reducing the cost for retailers to compete online.”

Buymie claims it is the fastest grocery delivery service in Ireland. This year alone, it has secured €400,000 of investments from Unilever Plc, Dragon’s Den Investor Eamonn Quinn, Scott Weavers-Wright, former CEO of Morrisons.com. While sharing their thoughts about the company’s crowdfunding success so far, the Buymie team stated:

“The success and traction of this campaign has certainly not gone unnoticed within the industry, and we are incredibly excited by the opportunities and conversations that have now already begun to develop, as a direct result of our success on CrowdCube.”

The team also noted:

“Not only have we smashed our target, with 17 days still to go, Buymie has also received it’s first piece of UK press coverage, with our campaign and impending UK expansion, having garnered the attention of the UK’s leading FMCG publication TheGrocer.co.uk.”

All funds from the Crowdcube campaign will be used to continue Buymie’s expansion. It is currently set to close at the end of December.

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