
SVUUM
E-commerce last-mile delivery and logistics solutions.
Date | Investors | Amount | Round |
---|---|---|---|
* | N/A | Seed | |
Total Funding | 000k |
USD | 2023 |
---|---|
Revenues | 0000 |
EBITDA | 0000 |
Profit | 0000 |
EV | 0000 |
EV / revenue | 00.0x |
EV / EBITDA | 00.0x |
R&D budget | 0000 |
Source: Dealroom estimates
Related Content
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