Delivery Collective, a San Francisco, CA-based provider of a merchant-first delivery infrastructure, raised $3.8M in funding.
The round was led by defy.vc and Bling Capital with participation from Pathbreaker Ventures, GTM Fund, and 640Oxford Ventures.
The company intends to use the funds to expand operations and development efforts.
Led by Bala Subramaniam and Deepak Tirumalasetty, Delivery Collective provides a merchant-first delivery infrastructure, which aims to decentralize local commerce by connecting merchants and their customers directly without any middlemen, resulting in savings for both.
The company plans to offer a white-label multi-category delivery technology and operational infrastructure without any need for capital expense providing the last-mile delivery capability required for local merchants to engage with their loyal customers directly without needing an aggregator and paying them 30%+ of the sales as delivery commissions.
FinSMEs
03/04/2024