Evermile secures £4.8m in seed funding led by 10D to fuel international expansion.
The seed round was led by 10D with backing from Mensch Capital Partners and angel investors to fund global growth.
Evermile operates a local delivery platform tailored for small businesses to streamline logistics operations. The company utilises advanced algorithms to reduce delivery costs and connect merchants across the UK.
Evermile has raised £4.8m in a seed funding round led by 10D, with participation from Mensch Capital Partners and a group of angel investors. The company plans to deploy the fresh capital to expand its operations into new international markets.
Founded by former executives from Via and Optibus, Evermile provides a logistics platform that automates delivery operations for small businesses. The firm integrates mobility-driven algorithms to help independent merchants compete with larger e-commerce competitors.
From the founder
"Local delivery has become essential to almost every small business, yet current delivery options are complex to manage and prevent growth,"
Omer Goldschmidt
CEO and Co-Founder at Evermile
Investor perspective
"At 10D, we pride ourselves on investing in companies that transcend traditional approaches in order to make a real impact on sectors in need of innovation,"
Itay Rand
Partner at 10D, 10D
Use of funds
- 01Expand into international markets
Investors
Categories
About the company
Evermile
Evermile provides a delivery platform designed specifically for local merchants.