Trexity, a same-day, on-demand local delivery technology company, founded by former Shopify executive Alok Ahuja (and partners), announced today that it has raised $5 million in a seed round led by TELUS Ventures, with participation from New York-based Studio VC, Winnipeg-based Shindico, Jay Myers (CEO of Bold Commerce), and a number of other notable Canadian angel investors. Funding will be used to expand into new markets across Canada and North America; and increase engagement in currently serviced markets of Ottawa, Toronto, Calgary, and Winnipeg.
Several strategic hires will also be made to bolster Trexity’s marketing, sales, and engineering teams. The company also announced today that Brian Martin, Investment Director and Partner, TELUS Ventures, will be joining Trexity’s Board of Directors.
Trexity is making on-demand local home delivery a reality for all small and medium-sized merchants. Their independent fleet of couriers earn between $25 and $30 per hour while delivering, making it the most generous delivery platform in Canada.
Founded in 2019 by ex-Shopify exec Alok Ahuja and LaunchFort co-founders Mathieu Bouchard and Darren Schnare, Trexity is a same-day on-demand local delivery technology platform for online and bricks & mortar businesses. The Trexity platform enables businesses of all sizes to deliver physical products in near real-time to their customers by harnessing the collective of an independent courier community. The Trexity delivery platform supports single delivery and multi-stop requirements allowing customers to scale their businesses faster—while keeping costs down with no extra fees or subscription requirements.
For more information please visit: trexity.com
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This entry was posted on May 25, 2022 at 4:45 pm and is filed under Commentary with tags Telus. You can follow any responses to this entry through the RSS 2.0 feed.
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TELUS Ventures Leads Seed Funding Round For Trexity To Advance Same-Day On Demand Local Delivery Platform
Trexity, a same-day, on-demand local delivery technology company, founded by former Shopify executive Alok Ahuja (and partners), announced today that it has raised $5 million in a seed round led by TELUS Ventures, with participation from New York-based Studio VC, Winnipeg-based Shindico, Jay Myers (CEO of Bold Commerce), and a number of other notable Canadian angel investors. Funding will be used to expand into new markets across Canada and North America; and increase engagement in currently serviced markets of Ottawa, Toronto, Calgary, and Winnipeg.
Several strategic hires will also be made to bolster Trexity’s marketing, sales, and engineering teams. The company also announced today that Brian Martin, Investment Director and Partner, TELUS Ventures, will be joining Trexity’s Board of Directors.
Trexity is making on-demand local home delivery a reality for all small and medium-sized merchants. Their independent fleet of couriers earn between $25 and $30 per hour while delivering, making it the most generous delivery platform in Canada.
Founded in 2019 by ex-Shopify exec Alok Ahuja and LaunchFort co-founders Mathieu Bouchard and Darren Schnare, Trexity is a same-day on-demand local delivery technology platform for online and bricks & mortar businesses. The Trexity platform enables businesses of all sizes to deliver physical products in near real-time to their customers by harnessing the collective of an independent courier community. The Trexity delivery platform supports single delivery and multi-stop requirements allowing customers to scale their businesses faster—while keeping costs down with no extra fees or subscription requirements.
For more information please visit: trexity.com
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This entry was posted on May 25, 2022 at 4:45 pm and is filed under Commentary with tags Telus. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.