5 years ago
Grocemania Secures £165K to Expand 30-Minute Grocery Delivery Service
Grocemania, a UK-based on-demand grocery delivery platform, has raised £165,000 on the crowdfunding platform Seedrs
The funding will be used to fuel the expansion and support the rollout of its service nationwide
Grocemania has already exceeded its funding target of £100,000 at a valuation of £2.4 million
The company's monthly revenue has more than doubled since the onset of the COVID-19 pandemic and it now has partnerships with Unilever and PepsiCo, enabling customers to benefit from special offers on these manufacturers' products
Grocemania works with hundreds of stores across the UK, including Budgens, Nisa, Londis, and Costcutter, as well as independent retailers
The company is currently operational across London, Bristol, and Brighton, with expansion into Leeds, Sheffield, Birmingham, Bramhall, and Manchester, among other major cities, to be completed by May 2021.
ProblemFood & Beverage
"Grocery shopping is often inconvenient and time-consuming, especially for busy individuals."
Solution
"Grocemania provides a convenient on-demand grocery delivery service, partnering with local stores to offer 30-minute deliveries for a small fee."