Home Run(formerly Convibo), a UK-based delivery service that delivers groceries from supermarkets to customers’ doors in as little as one hour, is now seeking £450,000 through its equity crowdfunding campaign on Seedrs. Founded in 2014, customers may select their favorite supermarket and place a grocery order.
“Like Airbnb, the rental company who own no properties, we are the grocery delivery company without stores or stock. We fulfil from existing supermarkets, so we have no need for warehouses or vans. Our personal shoppers hand pick orders from in store and our car/scooter drivers deliver to our customers’ door.”
The company reported that after two successful years in West London, it has fulfilled tens of thousands of orders. Today, we deliver from Tesco, Whole Foods, Marks and Spencer and Waitrose. Home Run claimed its technology and operations are now of a high enough standard to license out and this is our next big step.
“We are in advanced conversations with some of Europe’s largest supermarkets about how Home Run can provide a tailored solution to take them online: we call this, Powered by Home Run.”
While sharing details about what the funds from the Seedrs campaign will go towards, the Home Run team stated:
“Like any business, we’re only as good as our people. Operations and technology in particular require exceptional talent so that we can deliver an exceptional service to our customers and we have unwaveringly high standards across the board. Marketing also is a function into which we will be concentrating our recruitment efforts, as marketing will be key to our growth.”
Since its launch, the campaign has successfully secured more than £315,000 from nearly 60 investors. It is set to close later this summer.
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