Naurt secures pre-seed funding from Sussex Business Angels to scale its delivery technology.
Four members of the University of Sussex Business Angels backed the delivery platform to fuel international expansion.
Naurt develops precise geocoder technology designed to streamline deliveries by identifying exact parking spots and building entrances.
Naurt has secured pre-seed funding from four members of the University of Sussex Business Angels group to support its international expansion and product development.
The company has developed a geocoder platform that provides delivery drivers with precise location data, including optimal parking spots and specific building entrances. Trials indicate the technology can save drivers significant time on their daily routes.
The fresh capital will be directed towards refining the platform and scaling operations into new territories.
From the founder
"I’m excited to onboard some great angel investors in Brighton, whose support will go towards our goal of launching around the world,"
Jack Maddalena
CEO at Naurt
Investor perspective
"I invested in this exciting company as they already have a great product, but the technology has applications in so many other industries too,"
Damien Burke
Investor, University of Sussex Business Angels
Use of funds
- 01Continue product development
- 02Expand into international markets
Investors
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About the company
Naurt
Naurt provides geocoder technology for precise last mile delivery routing.