Delivery
Dublin-based software delivery company lands $8M investment
September 16, 2021
Vromo, a Dublin-based restaurant delivery SaaS business serving Europe and the U.S., has landed $8 million in growth capital, as well as a new shareholder, No Such Ventures, an Amsterdam-based venture capital firm.
Led by Alan Hickey and Brian Hickey, Vromo launched in 2019 from WeBringg, a last-mile delivery service, which wanted a customized software solution for delivery. Now, having pivoted to a SaaS model, the company offers a customizable and fully automated solution that allows restaurant partners to use their own in-house delivery team and to call on marketplace delivery fleets for overflow capability during peak times, Brian Hickey, president and executive chairman, said in a company press release.
"We are delighted to partner with No Such Ventures at this exciting stage of our journey," he said. "They have proven to be an incredibly supportive partner and a catalyst for our ambitious growth plans. We believe Vromo is best placed to help global restaurant brands to navigate their delivery challenges and we are excited to have the No Such Ventures team in our corner as we build momentum."
Vromo, which has offices in New York and Waterford, operates in over 20 countries and will use the funds to help expand its global presence,
"As an investor, what's not to love about Vromo: a stellar team in terms of experience and capability, an enormous market and a differentiating product," Reinder Lubbers, partner of No Such Ventures, said in the release. "No wonder that prospects are lining up to get a hold of Vromo's software. Our funds, coming directly from over 50 valuable investors, will allow Vromo to serve many more clients by helping them to optimize their delivery experience."
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