Last-mile delivery startup secures £4m investment following 300% revenue growth
A logistics startup hoping to re-imagine last-mile delivery has secured multi-million pound investment to expand operations.
Gophr has secured £4m in a new funding round led by pan-European investor Nauta Capital to expand its home delivery business.
Founded in London in 2015, Gophr has worked with the likes Hello Fresh, Co-Op, Boots and Amazon to deliver products to customers.
The firm, which has seen a 300 per cent increase in revenue over the last 12 months, plans to use the new investment to strengthen its core product through improved UX and client customisation options.
Gophr founder and CEO, Seb Robert, explained: “With all the hype around drones and autonomous vehicles, people forget - or never really understood - that the delivery business, particularly last-mile, is still a people business.
“Because better couriers deliver better outcomes, our focus has been creating a platform that enables each courier to perform ‘better’.
“And unlike most gig economy businesses that see the self-employed as a commodity to be exploited, for Gophr, they’re the talent and an advantage to be leveraged, and they need to be treated and rewarded as such.”
Carles Ferrer, Nauta Capital’s general partner, added: “As customers, we all have high expectations of last-mile delivery, and yet we barely ever get the experience we want. Missing a delivery, couriers not being able to find your address, inflexible delivery times and slots, all seem outdated in the 21st century.
“So when we came across Gophr, and saw their courier-first and friendly approach, coupled with their impressive tech and data-driven approach to solving last-mile delivery for clients and customers of all sizes, we knew we had a winner on our hands.
“We are very excited to join Seb and Krzys on this exciting journey to be able to bring last-mile delivery to you across the whole of the UK and Europe.”
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