Kuuka is an on-demand last-mile logistics delivery service using technology(Ai) as a core, we connect customers, drivers and businesses in real-time for their delivery requests. Our customers can rely on us to move from an important file to a whole filing cabinet, from occasional flowers to regular retailed deliveries our delivery solutions are scalable and customisable to fit every possible need.
We provide tech-enabled solutions for reverse logistics for businesses rather than solely transportation solutions. For businesses, returns speak to a gigantic issue that truly persuades their clients. Permitting businesses to successfully oversee an excruciating pain.
- Moving Goods On-Demand
- House & Office Removals
- Courier & Parcel Deliveries.
The market has seen an explosion of growth over the last three years and there is a huge demand for last-mile delivery. B2C(UK) market size £25.6 billion at a CAGR 0F 7.4%(IBISWorld.Com). Route optimisation software market £5.07billion at CAGR of 11.4% (Market & Market), Home moving market £1 billion growing at a CAGR of 6.6%.
Our Market Share London Only:
- Total Addressable Market (TAM) - £419,058,640
- Total Serviceable Market (SAM) - £54,477,632
- Our Market - £5,447,763
We have launched a private beta that is exclusive to certain parts of London. We are now accepting orders online via our website and social media platforms. Please note that until we officially launch the Kuuka App, as an interim this a private launch to selected drivers only for some limited number of pre-selected delivery requests. This allows providing opportunities to our delivery drivers so that they can earn an additional income whilst we build and enhance our app which will majorly be through the feedback from the beta phase. The number of early adopters on our waiting list keeps growing and we have now begun onboarding drivers. Our user engagement across our website and social media has been very high with highlights such as 10K website visits and 12.5K views on social media after our ads smoke tests.
Our Targeted customer will be customers looking for quick, efficient hassle-free last-mile delivery solutions for their loved ones. We then aim to target customers whos main pain points are speed, control and better management of delivery. With Kuuka instant delivery is no longer going to be a hefty premium service to be bought, but an affordable option that you can choose every single day. We will acquire our customers mainly through the following:
Kuuka is currently in the process of raising a round of £500K in equity investment at a valuation of £2.5M (Non-convertible debt) funding. Up to £350K will be raised through Crowdfunding and the remainder will be from private investors. We are requesting a minimum of £25K per investor outside the Crowdfunding round.
We are seeking investment to propel the company forward to the next stage of revenue generation, including the establishment of key per channel partnerships, and further advance product development.
The money will be deployed in the following main areas:
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|Tax Relief Available||SEIS & EIS Pending|
|Sector||Internet, Apps & eCommerce
Technology, Hardware & Games
|Location||London, United Kingdom|
|Pitch Launched On||04/03/2021|
|Pitch Closes On||03/05/2021|