5 years ago
Huboo Raises £14M Series A to Streamline E-commerce Fulfilment
Huboo, a U.K.-based e-commerce fulfilment startup, has raised £14 million in Series A funding
The round was led by Stride.VC, with participation from Hearst Ventures and existing investors
Huboo offers a full-stack fulfilment service for online retailers, using a "micro-warehousing" model and software to automate the process
The company plans to use the funding for software development, U.K
expansion, and establishing a European presence.
ProblemTechnology Infrastructure
"making e-commerce fulfilment for online retailers efficient and simple, as current logistics and supply chain management are complex and time-consuming"
Solution
"eliminating the pain point of e-commerce fulfillment by providing a full-stack, micro-warehousing and vertical software model that automatically picks, packs, and delivers products to customers"