Deliverider
Deliverider, an Israeli startup offering a technology-enabled logistics platform that provides a smart “middle mile” consolidation solutions for retailers, raised $2 million in seed funding.
Founded in 2021 by CEO Ido Raz and CTO Elad Kantor, Deliverider provides a technology-enabled logistics service for grocery retailers working online, enabling them to sell low-cost-non-inventory items, in the same basket, alongside their in-store grocery inventory, without the need to hold and manage third-party inventory in large and expensive warehouses.
Deliverider says that its platform allows retailers to offer low-cost-non-inventory products alongside their in-stock selection and fulfill them in the same basket without costly stocking of third-party inventory or multiple last-mile shipments. The solution, the company boasts, powers larger checkout baskets, increases profitability, safeguards customer data, and reduces carbon footprint, resulting in happier customers.
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at office@jewishbusinessnews.com.
Thank you.
The company also developed what it describes as an innovative, sustainable logistics solution to support same-day, last-mile delivery by consolidating baskets at distribution centers. Deliverider adds that its logistics hack allows online retailers to extend their catalog with thousands of third-party, low-cost, high-converting items without needing costly warehousing or multiple last-mile shipments.
All third-party items are fulfilled, promises Deliverider, just in time to the retailer’s distribution center for consolidation with an order’s in-stock items, supporting a new and improved online experience for your customers.
Ido Raz si an E-Grocery expert and an experienced entrepreneur, with a proven track record of success in driving bottom-line results and leading transformative initiatives from ideation to implementation. Experienced in initiating new and innovative growth engines, with an emphasis on e-commerce activities, ‘middle mile’ logistics, big data, and marketing.
He is the former Director of Business Development and Innovation at Shufersal (Israel’s largest retailer with over $5B in revenue).
“Deliverider’s solution allows online retailers to offer low-cost-non-inventory products alongside in-stock items,” said Ido Raz, “and have them ride in the same basket without needing costly warehousing and multiple last-mile shipments gaining larger baskets, increasing profitability and leading to happier customers.”
