SVUUM

SVUUM

E-commerce last-mile delivery and logistics solutions.

HQ location
Athens, Greece
Website
Launch date
Employees
Company register number
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DateInvestorsAmountRound
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N/A

Seed
Total Funding000k

Financials

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Revenues, earnings & profits over time
USD2023
Revenues0000
EBITDA0000
Profit0000
EV0000
EV / revenue00.0x
EV / EBITDA00.0x
R&D budget0000

Source: Dealroom estimates

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Founded in 2020 and headquartered in Athens, Greece, SVUUM is a courier company specializing in last-mile delivery services for the e-commerce and retail sectors. The company was established by Pantelis Georgiadis. It targets online shops and supermarkets, offering same-day and next-day delivery from Monday to Saturday to enhance the end-customer's experience.

SVUUM provides a technology-driven platform that includes real-time order tracking, flexible parcel volume handling, and detailed reporting. This system allows both the retailer and the final customer to monitor the exact location of a package throughout the delivery process. The company utilizes AI-powered route optimization to increase efficiency and has managed to lower operational costs by 50%. Its services extend beyond standard parcel and cargo delivery to include specialized B2B logistics, such as temperature-controlled transport for food and pharmaceuticals, and a 'One Visit' service for delivering and installing home appliances in a single appointment.

The company operates on a B2B model, generating revenue by providing its delivery and logistics services to other businesses. In February 2023, SVUUM secured an undisclosed amount in a convertible debt round from investors Olympia Group and Public Group. This strategic partnership is part of the company's plan to focus on e-commerce growth through last-mile delivery. SVUUM has established collaborations with major retailers like IKEA, Kotsovolos, Intersport, Leroy Merlin, and supermarket chains such as Kritikos and Xalkiadakis.

Keywords: last-mile delivery, e-commerce logistics, courier services, real-time tracking, same-day delivery, next-day delivery, cargo services, B2B logistics, temperature-controlled transport, home appliance installation, route optimization, grocery delivery, retail logistics, Greek market, final-mile delivery, delivery management system, supply chain technology, order fulfillment, urban logistics, package delivery

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