Zedify delivers as it steps on the GAS with £300k investment
Zedify, a network of first and last mile urban delivery operations across the UK with bases in Cambridge and Norwich, has raised over £300,000 expansion capital from a group of private investors led by Green Angel Syndicate (GAS).
The investment signals the confidence investors have placed in Zedify and the huge market potential for efficient, consolidated first and last-mile urban deliveries.
Antoine Pradayrol, director and analyst at Green Angel Syndicate, who joins the Zedify board as investment director, noted the pioneering work Zedify has done to demonstrate the business case for using cargo bikes in the burgeoning urban delivery market.
Pradayrol said: “Zedify is tackling a very serious problem – air pollution and carbon emissions in cities – in the huge, fast-growing market of local deliveries.
“The company has developed an efficient and differentiated solution, combining electric trikes and local depots. Zedify already shows serious traction and its franchise model will enable rapid growth.”
Zedify offers a solution to the growing problem of delivering in urban areas by ensuring businesses and customers get the flexible and reliable deliveries they need at a good price.
Zedify’s unique system for smart, consolidated, zero emission deliveries is also better for the city and their mission is to help transform urban logistics and create the healthier, more liveable cities of the future.
Co-founders Rob King and Sam Keam have over 20 years of combined experience in zero-emission logistics. Zedify was founded in 2018 when it joined forces with a blueprint for the business as the leading national urban logistics specialist that directly addresses the overlapping challenges of congestion, air pollution, climate change and liveable streets. Zedify is also a registered Real Living Wage employer.
The funding will be used to improve the unique technology platform Zedify has developed, further enabling the company’s depots to optimise and manage first and last-mile deliveries efficiently as volumes grow across the group.
Zedify will also expand the capacity of their national team with new hires in sales, marketing, and operations to accelerate the growth of the national network and support plans for up to 20 depots to be operational by 2022 – up from eight at present.
Co-founder, Sam Keam noted: “We are thrilled to have won the trust and confidence of GAS and other investors and are buoyed by the ever-growing potential for our unique model of smart, consolidated urban deliveries.
“This funding will unlock our ambitious plans for innovation and growth as we continue to demonstrate how deliveries, when done well, can contribute positively to the communities we serve.”
Zedify offers a complete logistics service for local businesses who need flexible deliveries within their city as well as national deliveries via carrier partners.
It works closely with e-tailers and third party carriers to offer time-sensitive and ethical collections and deliveries for the first and last mile of their journey.
Green Angel Syndicate is said to be the only angel investment syndicate in the UK specialising in the fight against climate change and global warming. It supports early stage technology companies developing products and solutions specifically for a more efficient and sustainable use of global resources.