Arive raises $20 million for a delivery service that goes beyond groceries and necessities.
- ByStartupStory | January 11, 2022
In the last year, one of the big bubbles of opportunity in the world of e-commerce was the instant purchase and delivery of food and other essentials, with dozens of startups big and small emerging and scooping up funding to build out businesses to deliver items like groceries, toilet paper, and Tylenol to people’s doors in 30 minutes or less.
Arive, a startup that’s applying this concept to the wider world of consumer goods in a Prime Now-style service — partnering with premium stores and brands to sell and deliver items like Apple electronics and Bose headphones, Lululemon activewear, furniture, beauty and bath products, and Van Moof electric bikes, and then delivering items via its own courier service — has raised a Series A round of funding.
Arive does not say how many clients it has or how much money it makes, but it does say that the typical order size is between €50 and €100 ($56 and $113) and that the average basket contains between one and four goods.
That makes Arive’s offering stand out from what a GoPuff or Getir, for example, is attempting to achieve with its quick delivery strategy, which essentially replaces weekly grocery shopping with several baskets delivered to one’s door.
Follow Startup Story
Related Posts
