Deliverider Asset Profile

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Year established

2021

Location

Tel Aviv Israel

Primary Industry

Software

About

Based in Tel Aviv, Israel, and founded in 2021 by Ido Raz (CEO) and Elad Kantor, Deliverider Ltd. helps online retailers to fulfill their last-mile delivery with custom delivery solutions. In August 2022, the firm raised USD 2 million in Seed funding co-led by investors Millennium Group and NC Capital. The company offers algorithm–based applications for the consolidation of packages from all sellers. It provides technology-enabled middle mile logistic services for online retailers which enable them to extend their catalog without any added overhead and offer low-cost non-inventory products. The firm process combines five steps first expand the catalog then the customer places an order then the seller picks and packs the orders and then the firm fulfills middle mile logistics and then packs the remaining items, and the order is ready for last-mile delivery.

Current Investors

Millennium Group, NC Capital

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Primary Industry

Software

Sub Industries

Logistics & Distribution, Logistics Software

Website

www.deliverider.com

Verticals

Mobile Apps

Company Stage

Angel & Seed

Total Amount Raised

Subscriber access only

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