Participated · Series C · Oct 2018

Deliv operates a crowdsourced last-mile logistics platform focused on scheduled same-day delivery and returns. The company powers same-day delivery for over 5,000 businesses, including top omnichannel retailers such as Walmart, Macy’s, Best Buy, and The Home Depot, and partners with platforms like Google Shopping Actions and Farfetch. Deliv currently operates in 35 markets and more than 1,400 cities and positions its service as essential for retailers competing on convenience. Management says it will continue to develop the future of last-mile logistics and redefine convenience for retailers and consumers. The market opportunity is large: Business Insider Intelligence projects U.S. same-day delivery GMV could reach $55 billion within five years. Deliv is backed by strategic and financial investors across technology, automotive, transportation, REITs, and logistics sectors, which the company says supports its growth plans. Deliv is a Menlo Park, California-based crowdsourced last-mile logistics company that enables scheduled same-day delivery and returns for omnichannel retailers, local businesses, and e-commerce companies. Led by founder and CEO Daphne Carmeli, the company uses a crowdsourced model to provide scheduled, same-day delivery across retailers and merchants. It currently serves over 4,000 businesses including Macy’s, Best Buy, Kohl’s and Walgreens, operating in 17 markets and more than 100 cities. Deliv raised $28M in funding in the reported round. Backers included the UPS Strategic Enterprise Fund, Upfront Ventures, RPM Ventures, PivotNorth Capital, General Growth Properties, The Macerich Company, Simon Venture Group, Taubman Centers, Inc. and Westfield Corp. The company intends to use the funds for product development and to broaden its national presence. Deliv operates a crowdsourced same-day delivery platform that enlists a peer-to-peer network of shoppers and delivery people to fulfill local, on-demand deliveries. The company focuses on same-day and last-mile fulfillment through flexible, crowd-sourced drivers and shoppers. It recently raised $4.5 million in strategic funding from a group of investors that includes mall operators and existing backers. Named participants in the round are Simon Property Group, General Growth Properties, Macerich, Westfield, Upfront Ventures, RPM Ventures, and others. The funding follows $7.85 million the company had previously raised, bringing disclosed capital raised to date to $12.35 million. No operating metrics or the specific instrument types were disclosed in the article. Deliv builds technology that integrates directly into retailers' e-commerce sites to offer customers a same-day delivery option at checkout. Its service leverages a crowdsourced courier model and coordinates deliveries for in-store customers, including aggregating mall-wide purchases for patrons commuting by public transport. Deliv has a partnership with mall manager General Growth Properties; the service is currently available in four GGP malls and is expected to be nationwide by the holidays. The company plans to use the $6.85M Series A to hire staff and roll out services to hundreds of retailers located in shopping malls across America. Pricing for same-day delivery is similar to standard delivery, and the company says retailers drive demand and scale — once a retailer signs, Deliv can add zip codes to its database to enable demand in a city. Financially, Deliv has raised $6.85M in this Series A (led by Upfront Ventures and RPM Ventures) and $1M in seed funding from Redpoint Ventures, Trinity Ventures, General Catalyst Partners, PivotNorth Capital, and The Operator's Fund, bringing total funding to $7.85M. Deliv is a Palo Alto-based provider of same-day delivery services. It partners with national multichannel retailers to offer same-day delivery via a fleet of crowdsourced drivers. The service integrates a native "same-day delivery" button into online and mobile checkout screens so shoppers do not need to visit third-party sites or apps. Led by founder and CEO Daphne Carmeli, Deliv completed service trials in the San Francisco Bay Area. The company closed a $1M funding round with backers including General Catalyst, Redpoint Ventures, Trinity Ventures, Operators Fund and PivotNorth. Deliv is set to roll out in multiple U.S. metropolitan locations including the San Francisco Bay Area, Atlanta, Boston, Chicago, Dallas, Houston, Los Angeles, Phoenix, Indianapolis, Miami, New York, Philadelphia, Seattle and Washington D.C.

Participated · Series A · Sep 2016

b8ta pioneered the Retail-as-a-Service category and operates experiential retail spaces and the software that enables brands to access physical retail like digital advertising. Founded in 2015 with offices in San Francisco and New York, the company operates what it calls the largest experiential retail footprint in the world. To date b8ta reports more than 50 million product engagements and has launched over 1,000 brands on its platform. As of the article, b8ta operates 19 branded flagship stores in the U.S., will operate 25 flagship locations by the end of 2019 including its first international location in Dubai, and has seen more than three million visitors across its flagships after more than doubling store traffic in 2019. In coordination with its Series C, b8ta launched Ark and Ark Marketplace, a technology platform to let retailers and landlords run their own Retail-as-a-Service marketplaces. Ark Marketplace already powers b8ta’s 19 flagships, the reimagined Toys"R"Us stores in the U.S., The Market @ Macy’s, Forum, and other branded retail experiences for Google, Nike, Bose and others. b8ta operates physical retail stores where customers can try and discover innovative tech gadgets, with a business model based entirely on subscriptions rather than product sales. The company launched its first store in Palo Alto in December and has reported hundreds of thousands of dollars in sales at that location, though revenue from sales is not its core monetization. b8ta focuses on providing return-on-investment to makers by giving them tactile retail exposure for products like the Gi Flybike, Thync, Eero, August smart locks and Dash Robotics' DIY robots. The company plans to use new funding to expand reach and open larger stores in Santa Monica and Seattle by the end of the year, allowing it to carry far more inventory. Its Palo Alto flagship can carry about 80 products at a time; management expects to be working with 100 to 200 companies by year-end. CEO Vibhu Norby said foot traffic and interest have steadily increased since January. b8ta operates a technology-driven physical retail store in Palo Alto that lets customers touch, test, and compare Internet of Things products such as the Gi Flybike and Thync. The company pairs its storefront with a software product that gives vendor customers real-time conversion metrics and control over in-store marketing, pricing, inventory, and training. b8ta sells monthly subscriptions to companies for access to its retail space and analytics, and staffs stores with "Testers" who educate customers rather than focus solely on transactions. In-store iPads allow shoppers to learn about products and compare prices at online retailers like Amazon and Best Buy. The founders are four former Nest employees: CEO Vibhu Norby (former lead engineer at Nest Labs), Phillip Raub (former head of global channel marketing at Nest), William Mintun (one of Nest’s first operations hires), and Nick Mann (former manager of the Works with Nest division). The company has raised an undisclosed amount of funding from venture investors and is accepting applications from companies to sell products in its store.