Beelivery to raise £4.5M from UKTV Ventures and GreenBank Capital
Beelivery, a Manchester (Congleton), UK-based online provider of on-demand grcoery services, announced securing a funding round of £4.5M ($6.2M).
The money was raised from investors including UKTV Ventures and GreenBank Capital.
Beelivery, founded in 2015 by CEO Lee Parkinson and Yazan Bin Mohammad, built a grocery delivery service using crowd sourced delivery drivers.
The company claims to cover 80 cities in the UK and has a model similar to Uber. Beelivery doesn’t own any warehouses or delivery vehicles and therefore jobs such as software engineers, human resources, IT and finance specialists, as well as the teams who will pick, pack and ship customer orders, are not tied to any particular location and can be home-based. Impressively, 99% of Beelivery staff are home-based, the highest proportion of home-based staff in the industry.