Here's the pitch deck Irish grocery delivery startup Buymie used to raise $9 million for UK expansion as coronavirus transforms shopping
Summary
• The delivery app, backed by new investors Wheatsheaf Group, has begun operations in Bristol, UK as part of its growth plans. "Covid has brought around a gold rush of businesses trying to shoehorn same-day grocery delivery but we work because we are an ally of retailers, not a disruptor." Online grocery delivery is one of the few sectors set to benefit from economic changes wrought by the coronavirus pandemic, with shoppers stuck at home during lockdown. Buymie says its partnership model with retailers, including Lidl in Ireland, and the Co-op in the UK, allow it to leverage its tech and algorithm better than its competitors. These latest funds will go towards investment in the startups IP and scaling its infrastructure alongside increased headcount in the companys operations and tech teams.
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