Middle East Venture Partners (MEVP) has made an undisclosed investment in Dubai-based One Click Delivery, a last-mile delivery startup enabling seamless delivery services from local businesses to the consumer’s doorstep.
One Click will use the new capital to accelerate its growth plans, continue to build its team and further develop its proprietary technology.
One Click has built a technology platform that allows it to connect drivers, points of sales, and a call centre with businesses needing on-demand delivery. One Click’s platform powers businesses across different verticals, including food delivery, apparel, ecommerce, groceries, and parcel delivery, providing them with on-demand affordable last-mile delivery. The entire delivery process is technology-enabled, with a delivery management system that features GPS locations tracking, route optimization and automated customer notifications.
“I am really excited about what we are building; we are solving the ‘last-mile’ logistics problem by providing a technology-enabled ecosystem solution, that connects businesses and drivers to a cloud platform, enabling smoother and seamless operations,” said Hassan Hallas, CEO and cofounder of One Click, in a press release.
One Click manages a rapidly growing fleet of drivers, and has to date delivered more than one million orders. The company is quickly gaining momentum, growing at 36 percent month to month. The founders are looking to expand to other cities in the GCC.
“We were impressed with what the One Click team has achieved in such a short period of time,” noted Walid Mansour, partner and chief investment officer at MEVP. “We believe that winning in the last-mile delivery space will require strong technology coupled with exceptional operational capabilities, that can make on-demand last-mile logistics economically viable; unlike other players in the space, One Click has a positive contribution margin.”