
Master Delivery
Connecting the delivery from the Internet store or restaurant during the day at an affordable price.
Date | Investors | Amount | Round |
---|---|---|---|
investor investor | €0.0 | round | |
* | N/A | Acquisition | |
Total Funding | 000k |
USD | 2021 |
---|---|
Revenues | 0000 |
EBITDA | 0000 |
Profit | 0000 |
EV | 0000 |
EV / revenue | 00.0x |
EV / EBITDA | 00.0x |
R&D budget | 0000 |
Source: Company filings or news article
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Master Delivery is a logistics technology firm established in 2019, specializing in last-mile delivery solutions. The company operates a platform that connects businesses with a network of couriers and delivery partners, aiming to enhance the speed and reliability of order fulfillment. The business model is centered on providing a technological bridge for clients, enabling them to book and manage deliveries efficiently.
In May 2023, the team and technology of Master Delivery were acquired by inDrive, a global ride-hailing service, to bolster inDrive's B2B delivery unit. This acquisition represents a significant milestone for the company, integrating its last-mile delivery software platform into a larger, international network. Prior to this, Master Delivery had secured $6 million in a funding round in February 2022. The round saw participation from investors including BCG Digital Ventures, Yum! Brands, Inc., and several individual investors.
The company's core offering is its online platform designed for orchestrating last-mile delivery services. It caters to businesses seeking to optimize their delivery operations by providing access to a wide array of delivery partners through a single interface. This service is designed to increase the velocity of order execution and ensure timely delivery for end customers. The acquisition by inDrive suggests a strategic pivot towards strengthening B2B logistics services on a larger scale, leveraging Master Delivery's specialized technology and operational framework.
Keywords: last-mile delivery, logistics platform, courier network, delivery management, B2B logistics, order fulfillment, delivery technology, e-commerce logistics, on-demand delivery, delivery software, supply chain technology, inDrive acquisition, last-mile solutions, courier aggregation, delivery optimization, logistics services, digital freight, final mile delivery, delivery orchestration, shipping technology