Deliverider News
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From Shufersal to startup: Deliverider receives $2 million for its middle-mile logistics solution | CTech
Israeli startup Deliverider has raised $2 million in funding for its technology-enabled, middle-mile logistics solution for online retailers. The company allows e-commerce companies to offer low-cost-non-inventory products alongside their in-stock selection, increasing basket size and profitability. Deliveriders solution eliminates the need for costly warehousing and multiple last-mile shipments. The funding will be used for further product development and hiring. The market for the product is worth tens of billions, with the main customers being large online retailers, particularly in the grocery sector. The founders of Deliverider have experience in the e-Grocery market and understand the challenges of the online retail industry.
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