JackBe
Latest round
- Series D
Last raised
- Dec 2008
Total raised
- $23M
Investors
- 6
About JackBe
JackBe, Corp.Founded in 2001, JackBe, Corp. is headquartered in Chevy Chase, US. The company offers a drive-thru grocery service, enabling customers to order groceries online for immediate pickup. In August 2013, the firm was acquired by Software AG.JackBe Grocer operates primarily as an innovative drive-thru grocery service designed to streamline the shopping experience for customers. The company’s core offering is its mobile app, which allows users to order groceries from a selection of thousands of items, including fresh produce, pantry staples, and household necessities.' This triggers the preparation of their order, which is then delivered directly to their vehicle upon arrival. By eliminating the need for in-store shopping and scheduling, JackBe caters to busy consumers, including parents, elderly individuals, and those recovering from surgery, who seek efficiency and convenience in their grocery shopping.JackBe Grocer generates revenue through direct-to-consumer transactions facilitated via its app, where customers place orders for groceries that are then prepared for pickup. The transaction structure is characterized by a straightforward pricing model, with customers paying for their selected items at the time of order placement. As a drive-thru only grocery store, JackBe eliminates the typical challenges of grocery shopping, such as substitution issues or lengthy wait times, thereby enhancing customer satisfaction and loyalty. While specific pricing details for individual products are not disclosed, the focus remains on a seamless experience where customers can obtain their groceries in as little as 10 minutes with no substitutions ever.Following the acquisition by Software AG in August 2013, JackBe, Corp. The company is planning to develop new features for its mobile app to further streamline grocery ordering and enhance customer engagement. Additionally, JackBe is evaluating opportunities for expansion into new urban markets beyond Oklahoma to accommodate a growing customer base.
Who invested in JackBe
6 investors across 4 rounds
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Questions about JackBe
Who invested in JackBe?
JackBe has 6 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has JackBe raised?
JackBe has raised 4 venture rounds. Sign up free to see how much each round raised and the total.
When did JackBe last raise money?
JackBe's most recent round on record is a Series D, in Dec 2008.
What does JackBe do?
JackBe is a software company.
Where is JackBe headquartered?
JackBe is headquartered in Chevy Chase, US.
Which VCs invest in companies like JackBe?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at JackBe's stage. Their profiles are linked below.
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