Goggo Network

Automobiles, Other Vehicles & PartsSeries ABerlin, Germanygoggo.network

Latest round

Series A

Last raised

Jan 2020

Total raised

$49M

Investors

1

About Goggo Network

Goggo Network develops autonomous delivery solutions utilizing robots to streamline last-mile logistics.Goggo Network is focused on providing autonomous last-mile delivery services.Goggo Network specializes in autonomous last-mile delivery solutions, connecting businesses with autonomous robots to facilitate the delivery of goods. Their primary offering is a fleet of autonomous delivery robots designed to operate in urban environments, transporting items from local merchants directly to customers. Customers can place orders through various food, grocery, or retail applications, and merchant staff are responsible for loading the Goggo robots. Once loaded, the robots autonomously navigate to the designated delivery location, ensuring timely and efficient service.Goggo Network's revenue model is primarily based on partnerships with merchants and retailers who utilize their autonomous delivery services. These partnerships facilitate a transaction structure where merchants integrate Goggo's delivery solutions into their operations, enhancing delivery capabilities without additional human resources. The company operates on a B2B model, generating revenue through service agreements that may include fixed fees or performance-based pricing depending on the volume of deliveries processed. The company aims to enter additional European markets and potentially explore opportunities beyond Europe by 2023. This expansion will focus on cities with high urban density, where demand for efficient delivery solutions is increasing.

Who invested in Goggo Network

1 investor across 1 round

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Funding rounds

  1. Series A

    Jan 13, 2020

    Amount

    $49M

    Investors

    Locked

Questions about Goggo Network

Who invested in Goggo Network?

Goggo Network has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Goggo Network raised?

Goggo Network has raised 1 venture round. Sign up free to see how much each round raised and the total.

When did Goggo Network last raise money?

Goggo Network's most recent round on record is a Series A, in Jan 2020.

What does Goggo Network do?

Goggo Network develops autonomous delivery solutions utilizing robots to streamline last-mile logistics.

Where is Goggo Network headquartered?

Goggo Network is headquartered in Berlin, Germany.

Which VCs invest in companies like Goggo Network?

Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Highland Europe back automobiles, other vehicles & parts companies at Goggo Network's stage. Their profiles are linked below.

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