Local delivery startup Jinn has raised $200k which they plan to use for customer acquisition.
The London-based company, which launched in April after a trial in Newcastle, delivers whatever you want from any London restaurant or store in under 60 minutes.
The investment comes from a number of individual investors, including founder of discountvouchers.com Doug Scott, founder of rentalcars.com Lawrence Marlor, and founder of VroomVroomVroom.com Peter Thornton.
On demand orders
On demand ordersIt is Jinn’s first external funding round and will be used by the company to crack the local delivery market – a market in which they are not alone.
French startup Tok Tok Tok is set for a London expansion from Paris and US company Postmates, which has raised $22m thus far, has also suggested a move to London could be on the cards.
Jinn is slightly different from its competitors. Where others offer delivery from specific shops and restaurants, Jinn promises to deliver from anywhere on demand.
Big Mac please
It is basically the answer to those who have lamented the fact McDonald’s (among other restaurants of course) don’t deliver. Jinn can now bring it to you.
They deliver from noon until 10:30pm and charge just under £6 plus 10% of whatever you order.
Their couriers currently only deliver within central London, but their website reassures Londoners who live a bit further out that the service will soon be coming to them.