Weengs Raises £2.2M in Seed Funding

weengsWeengs, a London, UK-based startup that collects, packs and ships items from small businesses and online sellers, raised £2.2M in seed funding.

Backers included Seedcamp, Cherry Ventures and LocalGlobe.

The company intends to use the funds to expand beyond London and extend their reach to take on other major cities both in the UK and abroad.

Led by Greg Zontanos, Weengs takes care of the most laborious and time-consuming aspect of selling goods online and offers a packaging and shipping service via a smartphone app. Small businesses, online sellers and individuals take a photo of the items they want to send, add the destination address, and request a pickup.
Then, within as little as an hour, one of Weeng’s “Angels” will collect the item and take it to the their warehouse where the item is professionally packaged in a custom-built box.
Finally, the package is shipped via one of Weeng’s shipping partners, which include Royal Mail, DHL and DPD. It costs £5 per pick up plus shipping rates.

FinSMEs

26/10/2016

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