
Dropp
closedFast, sustainable, and flexible 3-hour delivery for eCommerce shops.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor investor | €0.0 | round |
€2.0m | Seed | ||
Total Funding | 000k |
USD | 2022 | 2023 |
---|---|---|
Revenues | 0000 | 0000 |
% growth | - | (94 %) |
EBITDA | 0000 | 0000 |
Profit | 0000 | 0000 |
EV | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x |
R&D budget | 0000 | 0000 |
Source: Dealroom estimates
Related Content
Dropp is a dynamic startup revolutionizing the last-mile delivery sector. The company specializes in providing same-day delivery services from hyperlocal warehouses, ensuring that customers receive their orders within three hours. This service is particularly valuable for businesses looking to enhance their customer satisfaction and boost revenues by offering rapid delivery options.
Dropp primarily serves online retailers and businesses operating in urban areas who want to provide a seamless and fast delivery experience to their customers. The company operates in the logistics and e-commerce market, focusing on the critical last-mile delivery segment, which is the final step in the delivery process from a distribution center to the end customer.
The business model of Dropp is straightforward yet effective. They store top-selling products in strategically located hyperlocal warehouses in major German cities. When an order is placed, it is automatically transferred to Dropp's system, where it is picked, packed, and dispatched within minutes. This rapid fulfillment process ensures that customers receive their orders in under three hours, significantly reducing the waiting time and enhancing the overall shopping experience.
Dropp makes money by charging businesses for the storage, fulfillment, and delivery services they provide. By offering a premium delivery service, Dropp enables businesses to meet the high expectations of modern consumers, who increasingly demand faster and more reliable shipping options. This not only helps businesses retain customers but also attracts new ones who value quick delivery.
In summary, Dropp addresses a critical pain point in the e-commerce industry—unsatisfactory shipping options—by offering a fast, reliable, and efficient last-mile delivery service. This not only boosts customer satisfaction but also helps businesses increase their revenues and reduce their carbon footprint.
Keywords: last-mile delivery, same-day delivery, hyperlocal warehouses, e-commerce, logistics, urban areas, rapid fulfillment, customer satisfaction, revenue boost, carbon footprint reduction.