HubBox raises $1.6m in pre-Series A funding, backed by Newable Private Investing
24th January 2018
Backers included Newable Private Investing, KM Capital, Angel Tech Investors, Nexus Investment Ventures and Alan Halsall. The company intends to use the funds to continue to expand operations and its business reach.
“The traditional model can be quite inflexible, as providing Click and Collect services is courier-dependent and often accompanied by prohibitive development costs,” said Sam Jarvis, the CEO and co-founder.
“By providing customisable software at no additional cost and enabling retailers to continue delivering with their current courier, HubBox becomes accessible to any."
Founded in 2015, HubBox courier-independent nationwide Click & Collect service which leverages a network of 3,500 collection points including high street shops like pharmacies, dry cleaners, and convenience stores.
The company’s Click & Collect option technology can be installed seamlessly at the retailer’s checkout, branded to match the website and available on all the major ecommerce platforms, including Magento, Shopify, WooCommerce, and Demandware. The platform is already used by more than 100 retailers, including Jack Wills, Warehouse and ThisWorks.
Rob Fraser, former CIO of Boots and Sainsbury’s, joined the startup as chairman. He said: “Customer choice and convenience are critical drivers for success in online retailing. I’m delighted to join HubBox, who are redefining what ‘great’ looks like for Click and Collect.”