On-demand grocer Beelivery secures £4.5m investment

The investment from UKTV Venture and GreenBank Capital Inc will enable Beelivery to accelerate its business strategy as it seeks to gain 450,000 new customers over the next two years.

Chairman and co-founder of Beelivery, Yazan Bin Mohammad, said: “Now more than ever, we have seen that being able to access groceries and household supplies without going to the shops is essential. As other grocery delivery services have struggled to cope with demand, Beelivery has continued to keep delivery times short and fulfilment rates high through its unique crowd-sourced delivery model.”

Lee Parkinson, co-founder and chief executive of Beelivery, added: “These significant investments will allow us to accelerate our leadership position, continue to increase brand awareness, as well as bring new innovations to our unique offering for our customers.

“The confidence our consumers have shown over the past 12 months has been excellent, and the feedback around ‘reliability’ from our corporate partners during the pandemic has also been outstanding. The feedback is testament to our business model and hardworking community of drivers and support staff.”