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GoodsMart Analysis: $4M Raised

What is GoodsMart?

GoodsMart offers a grocery and household shopping experience through a mobile app, allowing users to order items until midnight for next-day delivery. The service includes a GoodsMart Box for secure delivery without direct interaction. Subscription options are available with no delivery fees.
Employees
51-200
Founded
2013
Industry
E-commerce, Foodtech, Logistics

Product Features & Capabilities

  • GoodsMart app for grocery ordering
  • GoodsMart Box for secure delivery
  • Subscription packages for 1 month and 12 months

Use Cases

Order groceries via app until midnight; Receive fresh groceries in GoodsMart Box by 6 AM; Activate account through app registration; Choose subscription package for delivery; Enjoy no delivery fees on orders

How much GoodsMart raised

Series A - $750,000

May 2017
Lead Investor: Algebra Ventures

Series B - $3.6 million

July 27, 2021
Lead Investor: Sawari Ventures

Other Considerations

No delivery fees; Subscription options at 250 EGP for 1 month; 2250 EGP for 12 months; Service operates until midnight for next-day delivery

Financial Overview

$4MTotal Raised
Series A$750,000
May 2017
Investors: Algebra Ventures
Series B$3.6 million
July 27, 2021
Investors: Sawari Ventures
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