logo
logo

Modern Milkman Laps Up £50M Funding

Nov 22, 2022•over 2 years ago

Amount Raised

£50 Million

ManchesterScience And EngineeringData And AnalyticsSoftware

Investors

Vc Praetura VenturesEtf PartnersInsight Partners

Description

Modern Milkman, a grocery delivery startup that uses data analytics to map out milk rounds, has now raised a total of £50m after closing a Series C funding round to fuel global expansion.

Company Information

Company

Modern Milkman

Location

Manchester, New Hampshire, United States

About

Headquartered in Colne, Lancashire, Modern Milkman uses intelligent data and analytics to map out milk rounds, assess demand and reduce carbon emissions.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

Related People