Seven-digit investment to bolster last-mile delivery

In addition to its recent grant from the Climate Foundation Winterthur, Luckabox has secured a new investment from existing investors including Alpana Ventures, SICTIC and DAA Capital. The new investors include Bettina Hein, a serial technology entrepreneur and ‘lioness’ on TV24’s “Höhle der Löwen Schweiz”.

“I invested in Luckabox because of the extremely strong female founder team,” says Hein. “The pandemic has amplified the need for Luckabox’s solution and I am excited about the company’s explosive growth.”

Luckabox developed an on-demand delivery management platform connecting enterprises with courier-services to facilitate on-demand and same-day delivery within a 2-hour time-frame. The solution allows enterprises to easily attract new customers, retain existing ones and increase sales. Luckabox currently boasts an impressive network of 50+ professional carriers ranging from local bike couriers to mid and larger-sized express operators and taxi providers with coverage throughout all of Switzerland. Their delivery services include same day, next day and scheduled deliveries as far out as a month.

The coronavirus pandemic has accelerated the company’s growth by 600% as retailers rushed to fulfil orders. “E-commerce’s boom has shown companies how critical it is to streamline their delivery processes and that need is only going to go up,” says Aike Festini CEO and co-founder of Luckabox.

To increase transparency, Luckabox plans to use the newly acquired funds to develop a next-gen product that provides retailers with an overview of their deliveries through the Luckabox intuitive dashboard. The new solution will allow them to track the most minute details of the last mile delivery process. Luckabox will also manage the dashboard on behalf of their customers, as revealed in their post.

(Press release/RAN)