Scurri, an Irish delivery software platform, has raised €2.2 million from ACT Venture Capital, Episode 1 Ventures, Enterprise Ireland, and original investor Pa Nolan.
The Wexford-based startup builds software for ecommerce companies to manage their deliveries. According to the company, it’s seen triple growth in the number of transactions it has handled over the past year. It has deals in place with Fastway and Parcel Connect and secured a contract earlier in 2017 with a "Global eCommerce giant" but has not disclosed who that is.
It will invest the new funds in hiring staff in roles such as software engineering, product development, sales, marketing, and support.
“This investment is a testament to the hard work of the Scurri team and the funding will be used to focus on the next stage of our exciting growth plans,” said Rory O’Connor (pictured), CEO of Scurri, in a statement. “Our success so far has been due to our unrelenting focus on making personal delivery simple. Scurri is currently used on a daily basis by many thousands of merchants for whom we are making it easy to facilitate delivery choice for their consumers.”
“The original investment fuelled the Scurri team to refine the concept and product market fit,” added John O’Sullivan from ACT Venture Capital. “The revenue growth over the past 18 months is evidence of the market potential and execution capability of the team, in a very large market. This new investment funds the next stage in scaling Scurri.”