Grocery delivery company raised $2.2 million to enhance and share its platform
Jiffy Software, a promising British startup, recently attracted additional investment to fuel its growth and development
British startup Jiffy Software (formerly called Jiffy Grocery) raised $2.2 million. The investment round was led by family investment company Heartland, and also included venture capital fund Flint Capital, Baring Vostok Capital Partners, LVL1 and others. Since its founding in 2021, the company has raised $35 million in funding, according to Jiffy.
Initially, the startup was focused on developing a network of dark stores, which allowed the company to deliver “fresh products to customers in 15 minutes.” Later, Jiffy representatives noticed that it was possible to sell not only products, but also the e-commerce technology platform that the company had developed.
“We provide our q-commerce technology platform to some local players in international markets, such as partnering with Send in Australia. We will continue on this path to enhance the value of our core business and shareholders,” Jiffy Software representatives say.
It is expected that the company’s platform will be used, in particular, by online sellers of electronics, goods for children and animals, as well as participants in the pharmaceutical industry.