Bringoo receives five million euros in new financing round
Delivery service startup Bringoo secures five million euros in a Series A financing round. The capital comes from family office CIC, Florian Schürenkrämer and Hamburg-based tech VC 20 Scoops. Bringoo plans to use the capital for expansion and to intensify its existing partnerships.
"Bringoo's concept is clearly differentiated from other delivery services," explains investor Anan Pinitvetchagan, CEO of 20 Scoops. "We are convinced that partnering with retailers is the right way to go in the long run. Bringoo has already proven that larger retail partners are also joining the model. This is also reflected in the response from customers."
The Bringoo app allows products from retail stores to be ordered directly to the customer's home within 45 minutes or a flexible delivery window. Customers select a partner store in their area via the app and put together their shopping cart. After payment within the app, Bringoo executes the purchase and delivers the goods to the customer's home.
Partner companies of the startup, founded in 2020, include Penny, Metro, OBI, Hugendubel and GetränkePartner. Legacy investors include Frank Otto (Otto family), Jan-Henrik Lafrentz (Bentley), Dr. Hauke Hansen (ex-Amazon), Stefan Hamann (Shopware), digital entrepreneurs Marcus Diekmann, Jan-Willem Weischer and Anna Weber (BabyOne), Michael Hehn (Ruby Hotels), and Schürfeld Group. In the previous financing round m December 2021, Bringoo also received a mid-seven-figure amount.