# Snappy Shopper

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/snappy-shopper

- Industry: Internet
- Headquarters: Dundee, UK
- Website: www.snappyshopper.co.uk
- Total disclosed funding: $1.4M
- Latest round: Seed (Sep 20, 2019)
- Investors on record: 3

## About

Snappy Shopper is a home delivery service based in Dundee, UK, offering customers the convenience of purchasing groceries, alcohol, and snacks directly from local retailers, with rapid delivery times.Founded by Scott Campbell and currently led by CEO Mike Callachan, Snappy Shopper operates from its headquarters in Dundee, UK. The company raised GBP 1.16 million in Seed funding on September 20, 2019, from investors including Kelvin Capital, Mercia Asset Management, and Scottish Investment Bank, bringing the total amount raised to GBP 1.16 million and valuing the company at GBP 3.49 million post-money.Snappy Shopper provides a comprehensive home delivery service, allowing customers to purchase a wide array of grocery items, alcohol, and snacks from local convenience stores, delivered to their doors. Core offerings include essential items like milk, eggs, bread, and fresh produce, as well as a diverse selection of beverages. The service addresses the time constraints of local consumers, delivering items in as little as 30 minutes, and enables customers to support local stores while enjoying the convenience of shopping from home or on-the-go.The revenue model of Snappy Shopper is based on facilitating transactions between local retailers and consumers, operating in a B2C format. Customers order from participating local convenience stores via the platform, paying for both the selected items and any applicable delivery fees. This model not only enhances consumer choice but also allows local stores to increase their sales volume by tapping into a broader customer base.Snappy Shopper plans to utilize the GBP 1.16 million raised in its Seed funding round to enhance its technology infrastructure and expand its market reach. The company aims to introduce new product offerings and improve delivery capabilities. Moreover, it is targeting expansion into additional urban centers and suburban regions in the UK, aiming for significant growth by 2022.

## Funding rounds

- Seed, Sep 20, 2019, $1.4M — Mercia Asset Management, Kelvin Capital, Scottish Investment Bank

## Investors

- Mercia Asset Management (https://capitalatlas.ai/funds/mercia-asset-management) — Seed
- Kelvin Capital (https://capitalatlas.ai/funds/kelvin-capital) — Seed
- Scottish Investment Bank — Seed
