Online marketplace linking shoppers to local retailers

27 September 2021

Company description:

This startup is an online marketplace linking shoppers to local retailers through an easy-to-use app. They offer their customers the convenience of ordering products directly from local stores and having them delivered sustainably on the same day. Stores can benefit from reaching a wider audience, offering local delivery and pick-up options, and increasing sales by shipping from the store.
 

Business Model:

The startup takes a commission on orders, and expect to develop additional revenue streams from the platform.
 

Customer type / profile:

B2B2C
 

Preferable investor type:

Angel investor; Venture Capitalist

 

USP’s:

  • Find out what is available in the shops around you.
  • Discover shops in new cities.
  • Order from multiple stores, pay once, get your goods delivered sustainably the same day.
  • Support local shops.
 

Capital amount needed:

$500.000,-
 

Investment need:

The startup intends to raise $500.000,- to fund operations and marketing for the launch of the marketplace, as well as to hire employees in sales, development, and operations.
 

Sector:

B2B2C-Software; E-Commerce; Retail

 

Phase:

Seed

 

Number of founders:

1

 

Current number of employees:

1-5

 

Monthly turnover (current):

N/A
 

Turnover (forecast) next 12 months:

$100.000,-
 

Turnover (forecast) months 13 – 24:

$700.000,-

 

Current monthly expenses:

$300,-

 

Committed funding:

0

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