# MilkRun AU

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/milkrun-au-pty

- Industry: Consumer Services
- Headquarters: Sydney, Australia
- Website: www.milk.run
- Total disclosed funding: $61M
- Latest round: Series A (Jan 20, 2022)
- Investors on record: 4

## About

Based in Sydney, Australia, and founded in 2021, MILKRUN AU PTY LTD operates as a mobile app that offers a 10-minute grocery delivery service. Dany Milham is the co-founder and CEO of the company. In January 2022, MILKRUN AU PTY LTD raised AUD 75 million in Series A funding led by Tiger Global Management including AirTree, Grok Ventures, and Skip Capital.

The company offers freshly produced products direct from Aussie farmers and other brands at supermarket prices, which are delivered in 10 minutes or less. This enables customers to enjoy fresh food items and groceries at their homes without going outside. The firm's delivery riders utilize electric bikes to get an order to customers without any impact on the environment.

The organization plans to use the January 2022 funding for its expansion across Greater Sydney and into other cities across the country, as well as fueling a hiring spree and investment into the product.

## Funding rounds

- Series A, Jan 20, 2022, $52M — Tiger Global Management, AirTree Ventures, Grok Ventures, Skip Capital
- Seed, Jun 1, 2021, $8.5M — AirTree Ventures, Grok Ventures, Skip Capital

## Investors

- AirTree Ventures (https://capitalatlas.ai/funds/airtree-ventures) — Seed, Series A
- Grok Ventures — Seed, Series A
- Skip Capital (https://capitalatlas.ai/funds/skip-capital) — Seed, Series A
- Tiger Global Management (https://capitalatlas.ai/funds/tiger-global-management) — Series A