# StoreToDoor Canada

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/storetodoor-canada

- Industry: Software
- Headquarters: Regina, Canada
- Website: www.storetodoorcanada.com
- Total disclosed funding: $1M
- Latest round: Seed (Mar 11, 2022)
- Investors on record: 4

## About

Based in Regina, Canada, and founded in 2020 by Scott Love and Logan Fraser, StoreToDoor Canada operates as a same-day delivery startup. In March 2022, StoreToDoor Canada raised CAD 1.25 million in seed funding led by investors Inverted Ventures, Golden Opportunities Fund, and Lex Capital Management which values the company at CAD 9.25 million post-money. The company operates in 25 cities in Alberta, Saskatchewan, Manitoba, and Ontario. the company employs 18 employees as of March 2022.

StoreToDoor Canada develops a platform that allows companies in the pharmacy, grocery, and retail industries to offer customers a same-day delivery service. The company also provides white-label delivery and also allows retailers to track the process for the delivery. StoreToDoor Canada allows its platform to be accessed in two ways, through integrations with customers’ existing e-commerce platforms or directly through a portal.

The company generates revenue through a pay-per-delivery business model and charges its retailer customers a flat rate per delivery based on the volume of deliveries. As of 2021, the company generated a revenue of USD 270,000. 

The company plans to use the funds to increase the hiring and revenue, as well as to expand its services across Canada in over 50 cities and in British Columbia by the end of 2022.

## Funding rounds

- Seed, Mar 11, 2022, $1M — Golden Opportunities Fund, Lex Capital Management, Startup TNT, Inverted Ventures

## Investors

- Golden Opportunities Fund — Seed
- Lex Capital Management (https://capitalatlas.ai/funds/lex-capital-management) — Seed
- Startup TNT (https://capitalatlas.ai/funds/startup-tnt) — Seed
- Inverted Ventures (https://capitalatlas.ai/funds/inverted-ventures) — Seed