Tech Company Financing Transactions
Delivery Collective Funding Round
On 4/2/2024, Delivery Collective received $3.8 million in Seed investment from Bling Capital, Defy Partners and 640 Oxford Ventures.
Transaction Overview
Company Name
Announced On
4/2/2024
Transaction Type
Venture Equity
Amount
$3,800,000
Round
Seed
Investors
Bling Capital (Lead Investor)
Defy Partners (Lead Investor) (Bob Rosin)
Proceeds Purpose
Proceeds will go toward supporting its fleet of drivers. Delivery Collective operates in three delivery markets around the San Francisco Bay Area.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
Undisclosed
San Francisco, CA Undisclosed
USA
San Francisco, CA Undisclosed
USA
Phone
Undisclosed
Website
Email Address
Overview
Consumers pay up to 36% of their orders in fees for food delivery, and restaurants lose up to 30% of their food sales to delivery commissions for third-party delivery apps. Delivery Collective is the merchant-first delivery platform. Our mission is to connect consumers directly to restaurants.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Bala Subramaniam
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