Zipments Secures $2.25 Million Funding Round
Zipments Secures $2.25 Million Funding Round to Modernize Courier Industry & Grow Same-Day Delivery Service; Chicago Ventures Participates in Seed Round
9/16/2013 – New York – Zipments, the New York City-based technology company that offers consumers, retailers and other businesses same-day local delivery service through a network of professional couriers, today announced that it has closed a $2.25 million seed round. The round, led by FirstMark Capital and Huron River Ventures, allows Zipments to further develop its technology platform and expand into new markets. The Windquest Group, New York City Economic Development Corporation, Chicago Ventures, and Robert Safrata, CEO at Novex Couriers, one of the largest local same-day couriers in Canada, also participated in the investment.
“We believe we can help revitalize and retool the global $20 billion same-day delivery industry,” said Garrick Pohl, CEO and co-founder of Zipments. “Today’s courier companies are running at dial up speed, using outdated, inefficient business tools while trying to service a broadband world. We’ve created an efficient platform for local delivery services to better serve retailers and businesses around the world.”
Headquartered in New York City, the company’s collaborative commerce platform offers its wide network of courier service providers the most advanced software tools to manage their businesses.
Local pickup requests can be made through the Zipments mobile app, API, or on Zipments.com. Delivery requests are then automatically dispatched via the Zipments mobile app to a network of couriers based on the type of transportation required (bike, car, truck) and time in which the delivery needs to be performed. Once a courier has accepted the delivery request, the delivery status can be monitored with real time updates including pickup time, recipient signature and final delivery time.
“Zipments has built a proven and scalable platform with enormous growth potential,” said Kevin Willer, co-founder and partner at Chicago Ventures. “We are thrilled to be investing in such a talented team that is well on its way to transforming the local delivery industry and the way in which businesses serve their customers.”
Zipments is helping to reshape and retool the local delivery service industry by providing consumers, retailers and other businesses same-day local delivery service through a network of couriers and its digital platform. The company is headquartered in New York and was founded in 2010 by Garrick Pohl, Elliot Nelson and Travis Brack. For more information, visit Zipments.com.
About Chicago Ventures:
Chicago Ventures is a seed stage venture fund focused on catalyzing and partnering with the next wave of innovative technology ventures in Chicago and the Greater Midwest. Chicago Ventures partners with startups to provide them with their first round of institutional financing and works with them to achieve success. For more information, visit chicagoventures.com.
About Huron River Ventures:
Huron River Ventures is a Michigan-based venture fund focused on early-stage companies that produce innovative, cost-effective and higher performing products and solutions. Huron River Ventures invests in capital efficient businesses, whose disruptive solutions are reshaping major industries like logistics, transportation, agriculture, and energy. For more information, visit huronriverventures.com.
About FirstMark Capital:
Based in New York City, FirstMark Capital invests in groundbreaking companies that are creating new markets with innovative technology solutions or fundamentally changing existing markets by applying a fresh approach and new business model. A venture leader with nearly $2 billion in capital commitments, FirstMark’s team of investment and operations professionals have decades of real-world experience and leadership in core technology markets, making the firm uniquely qualified to offer industry insight, relationships and the operational expertise to build lasting businesses. For more information, please visit firstmarkcap.com.