We had an insightful trip to London in September, to visit our investees. Great to see them going from strength to strength.
The nationwide network of click and collect points striving to solve the problem of the one million parcels that are missed in the UK every single day
Founders: Sam Jarvis
Founded: July 2015
Nobody enjoys having to wait around for a package or parcel to be delivered – often with the requirement that you have to take time off work to be there when it arrives.
Trying to avoid this problem, Sam Jarvis had his packages delivered to work but soon encountered another when attempting to carry them home on the tube, during rush hour.
Jarvis was staggered that there were no existing solutions to this problem. At the same time, struggling with the sheer volume they were receiving, his workplace in the city stopped accepting personal deliveries.
Through some preliminary research, Jarvis found that fewer than 80 retailers offered collection points and yet more than a million parcels were being missed in the UK every single day. This was not only creating hassle for consumers but also a huge drain on resources for businesses.
Spurred on, Jarvis set about building HubBox: a nationwide network of local collection points that enables retailers of any size to offer click and collect regardless of what courier or e-commerce platform they use.
This software-based solution allows clients to fulfil deliveries using their current courier partners to more than 4,000 collection points without a costly integration process.
Whilst HubBox says that the UK has one of “the most crowded courier and logistics markets in the world” and it’s had difficulty explaining its value proposition to potential clients, more than 100 retailers have signed up to date. Among them are a number of top 500 retailers including Jack Wills, Warehouse, Joseph Joseph, and JOY.
The business also derives revenue from online shoppers who create an account to receive a unique HubBox ID and are charged £1.95 for each parcel delivery. More than 5,000 have registered for an account so far.
Now focusing on expanding its client base and investing in its direct to consumer product, Jarvis is striving to take on the big players in the “e-commerce space race”. We predict HubBox is set to blast off!”
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ANGEL INVESTORS FROM BETFAIR, BOOHOO, PHOTOBOX AND ZOOPLA INVEST
bubble, the app for finding a recommended babysitter in your area, with a growing community of 10,000 parents and sitters, has closed a £500,000 seed round with high profile angel investors supporting the fledgling business.
The angels include:
bubble launched in September 2016 and is the brainchild of its two Co-Founders, dads Ari Last and Adrian Murdock. Both held senior roles at Betfair, notonthehighstreet.com and MarketInvoice before giving up the day job to start the business.
The service takes aim at parents who find themselves needing to book trusted childcare at short notice. bubble uses Big Data to connect parents with the babysitters used and trusted by their friends and community. All sitters are also ID and background checked.
The funding coincides with the launch of bubble’s new ‘Express Book’ feature, an on-demand babysitter marketplace that is on average providing parents with available sitters in less than a minute.
Video explainer: How Express Book works
Commenting on today’s news Ari said: “It is incredible to receive this support from investors who have helped shape some of the most successful digital brands in the UK. The funding allows us to continue our mission to become the country’s smartest and most trusted childcare platform. The feedback from our early parent customers has been fantastic and we’ve doubled our numbers in the last three months. There’s now strong interest to take bubble outside of London.
Adrian added: “The bubble community is at the heart of the business and is a huge part of our success to date. We know that finding a trusted babysitter is a constant challenge. bubble is taking the hassle out of this by allowing users to connect with their friends and local community to get recommendations from parents just like them. Our growth numbers have been encouraging, demonstrating to us that we are answering a problem many have been facing.”
Adam Kamani, co-founder of online fashion retailer, PrettyLittleThing said: “bubble is solving the childcare problem so many parents face every day, in the way we order most of life’s essentials – through a tap of a smartphone. The early customer feedback has been exceptional and we’re excited about being a part of the business, using our expertise and experience to help it scale in London and beyond.”
Graham Hobson, co-founder of PhotoBox said: “bubble has seen great growth with a highly engaged community of customers. Finding trusted childcare is an age-old problem faced by millions of parents and bubble are solving this with some great tech-innovation.”
“Meet special guest Mahesh Patel”
Our CFO of the Kamani Group & Co-founder of KM Capital, Mahesh, presented an insightful & interesting speech at the AJ Bell Stadium this June. The business networking event was hosted by NC Associates, Cowgill Holloway & Bermans. Mahesh held a captive audience, as he spoke about his 30 year career and his varied roles within his previous employment and his current position managing the worldwide private and business assets of the Kamani Family, as well as co-managing KM Capital to bring together a wealth of investment, advisory and entrepreneurial experience where equity stakes are made in start-up companies, to support the next generation of entrepreneurs.
We’re very proud to see our CEO Adam Kamani feature in the top 100 Asain Stars in UK Tech..
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Our very own Mahesh Patel, on the panel at Insider’s “Scaling Up for Tech breakfast”.
Mahesh did us proud representing KM Capital on the panel of speakers, explaining how we aim to personalise the relationship between investor and investee.
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The Kamani Family and our CEO & Founder, Adam Kamani, feature at number 19 on the “Insider Power List” for their economic impact, influence and visibility.
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