Zoom 1hr and Bringg agree online delivery tie up
UK-based last mile delivery service Zoom 1hr has announced a partnership with delivery and fulfilment cloud platform, Bringg.
This connects Zoom with Bringg’s retail and hospitality customer base.
“This partnership is the start of an exciting chapter for Zoom,” says CEO and Founder, Kev Williams.
“Our recent investment fundraising has enabled us to supercharge the growth of our delivery network throughout the UK.”
“With this extra capacity, we can now develop our national partnerships to fulfil even more deliveries. We look forward to connecting with Bringg’s retail and hospitality customers over the coming weeks.”
Michal Gindi, Alliances and Ecosystems at Bringg, comments: “Our delivery hub aims to increase delivery volumes and improve retailers’ service offering without delay or compromise.”
“The hub enables retailers to scale up delivery services quickly with pre-integrated last mile fleets like Zoom’s, so that retailers leverage delivery for differentiation and greater customer experiences."
Funding round
Bringg recently closed a $100 million Series E round led by Insight Partners.
There was also participation from seven existing investors, including Cambridge Capital, GLP, Harlap, Next 47, Pereg Ventures, Salesforce Ventures, and Viola Growth.
The funding will be used to scale Bringg’s platform through M&A and by growing its ecosystem of strategic and technology partners.
The investment also brings the venture’s market valuation to $1 billion, making it the first and only unicorn in the last mile delivery and fulfilment cloud technology space.
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