The Rounds Raises $38M Series A For Its Sustainable ‘Household Restocking’ Service

Oct 06, 2022•almost 3 years ago

Amount Raised

$38 Million

Round Type

series a

New YorkArtificial Intelligence

Description

Online shopping and speedy delivery through services like Instacart and Amazon Prime are the height of modern conveniences, but for many consumers who care about sustainability and e-commerce’s impact on the environment, every box and plastic bag deposited on their doorstep is also accompanied by a feeling of guilt. If only there was a better way to shop, we collectively wonder as we click “Add to Cart” yet again. Well, maybe there is.

Company Information

Company

The Rounds

Location

New York, New York, United States

About

The Rounds is an AI-powered last mile delivery platform designed to more intelligently manage your inventory of grocery and household essentials. Founded in 2019, The Rounds has raised more than $60 million. The Rounds is based in NYC and served members in Atlanta, Philadelphia and Washington, D.C. Its mission is to make managing everyday recurring essentials effortless and more sustainable than the alternative.

Funding Insights

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83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

The Rounds Raises $38M Series A For Its Sustainable ‘Household Restocking’ Service

Description

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