DeliveryCircle is thriving — and staying in Delaware - Technical.ly Delaware

Business

Jun. 18, 2018 12:59 pm

DeliveryCircle is thriving — and staying in Delaware

The Newark-based delivery company recently closed a Series A funding round and continues to scale up. “We chose to stay in Delaware,” said DeliveryCircle founder Vijaya Rao.

Founder and CEO Vijaya Rao (second from left) with members of the DeliveryCircle team back in 2014.

(Photo courtesy of DeliveryCircle)

In mid-2014, soon after the launch of DeliveryCircle, founder Vijaya Rao made her ambitions clear: In two or three years, she expected the tech-based, same-day delivery service to be a global brand.

By January 2015, the company had expanded to Philadelphia, South Jersey, Maryland, D.C., and Northern Virginia. Today, four years after the startup’s launch, DeliveryCircle is in 19 states, and recently closed a round of Series A funding from a syndicate of financial and strategic supply chain investors, led by Cambridge Capital, NFI and others.

“We intend to use the funds to expand into more locations and include a larger portfolio of offerings,” Rao recently told Technical.ly. “This kind of strategic investment helps us not just financially but with wealth of experience in the logistics space that’s very valuable for a growth stage company like DeliveryCircle.”

DeliveryCircle’s concept is simple: Use the gig economy to get items from Point A to Point B using a pool of drivers, many already utilizing their cars for income. Sort of like a courier service meets GrubHub meets Uber, with few limits on what can be delivered (no drugs, firearms, tobacco or extremely valuable items) and virtually no restrictions on who can use the service if they’re in a service area. It’s B2B, B2C and C2C — it can be used to deliver a business contract across town, send an item to a customer, or return a borrowed tool to a friend. Your favorite restaurant across town doesn’t deliver or you live outside its delivery zone? No problem.

It’s a growing industry with a few competitors — though some, including Uber’s own UberRUSH service, have gone under while DeliveryCircle has grown, unable to strike the right balance.

While the company has outgrown the New Castle County Emerging Enterprise Center small business incubator where it grew from a small Delaware startup to a regional business, it hasn’t outgrown Delaware. Now located in the Christiana Corporate Center in Newark, DeliveryCircle is putting down roots where it started.

“We chose to stay in Delaware,” Rao said.

Advertisement

DeliveryCircle is currently hiring in Delaware. To sign up to become a driver, go to deliverycircle.com.

You must appreciate accurate, relevant and productive community journalism.  Support this sort of work from professional reporters with seasoned editors.  Become a Technical.ly member for $12 per month
Companies: DeliveryCircle
People: Vijaya Rao
-30-
JOIN THE COMMUNITY, BECOME A MEMBER
Already a member? Sign in here

Advertisement

Port of Wilmington expansion expected to create thousands of jobs

Uncommon climate-change research at UD awarded $750,000 NSF grant

Funding news about Life’s Time Capsule Services

SPONSORED

Delaware

Learn to lead digital transformation at Phorum 2019

Philadelphia

Technically Media

Technical.ly Editorial Intern

Apply Now
Malvern, PA

Vanguard

Senior Front End Engineer – CX Journey Lab

Apply Now
Kennett Square, PA

Chatham Financial

Senior Product Designer

Apply Now

Next week: Learn how to get federal funding for your business

These 6 Delaware bioscience projects just got research grants

These Delaware high schools got $450K to teach trade skills in tech, science and more

SPONSORED

Delaware

Pitch to speak at Comcast Labs Connect’s data security conference

Kennett Square, PA

Chatham Financial

Software Developer in Test

Apply Now
Kennett Square, PA

Chatham Financial

Junior Full Stack Software Developer

Apply Now
Wilmington

JP Morgan Chase

Java Full Stack Software Engineer

Apply Now

Sign-up for daily news updates from Technical.ly Delaware

Do NOT follow this link or you will be banned from the site!