Jisp looks to raise $3 million for US expansion plans
UK-based convenience shopping app, Jisp, has opened a final private investment round as the startup looks to raise $3 million to support its US expansion plans.
The venture has secured funding of $12 million to date.
Zoom 1hr Delivery
Jisp recently announced a last mile fulfilment partnership with Zoom 1hr Delivery.
Zoom has a driver fleet of more than 300 in the UK. It has been operating primarily in West Midlands and Wales.
However, following Jisp’s partnerships with Bestway and Nisa as well as Zoom’s expansion with Co-op, both companies are in talks to extend their reach and cover thousands of stores.
Ilann Hepworth, MD at Jisp, said: “Last mile delivery has always been the missing link in our proposition as many retailers either didn’t have enough staff, time or vehicles to truly benefit from providing our home delivery service.”
“With Zoom’s impressive fleet of cars and driver portfolio we are looking to rapidly grow store numbers whilst continuing building our reputations as retailer-first convenience service on the market.”
Zoom serves more than 440 retailers and is set to bring in 300 Co-op stores by the end of September. Since going live, it has processed over 280k orders through its platform.
Kevin Williams, CEO at Zoom, said: “Jisp shares our vision of empowering independent businesses with a dynamic delivery solution.”
“By marrying their slick technology with our operations and infrastructure across the UK, we will be able to better serve retail and food businesses, and vastly improve our own customers’ experience. We believe this new collaboration will be an unstoppable force in the delivery sector.”
