Startup WS Neighbor, Inc. adds $200,000 in debt funding

0

WINSTON-SALEM – Startup Winston-Salem Neighbor, Inc. has raised an additional $200,000 in debt funding from three investors, and the round could end up reaching $500,000, according to a Filing with the SEC.

The company, which raised approximately $1 million in March 2020 at the start of the global COVID-19 pandemic, is the developer of TO SWEEP UP.

A platform the company calls “turnkey” and a “customer arrival platform” on its website make up the basic offering.

The platform uses location-based technology and offers retail providers the ability to become a “virtual drive-thru” based on designated arrival zones.

Revenue is generated by the company for using the platform, and the website says the price is 1.8% plus 15 cents per order and a flat 99 cent fee for delivery.

As restaurants turn to takeout due to virus, curbside pickup app Swipeby raises nearly $1m

On assignment, and hiring

“We’re on a mission to bring convenience to America’s suburbs by turning anything into a drive-thru,” the company’s jobs website says. The company is currently recruiting in Greensboro, Atlanta, Austin, Charlotte, Ft. Lauderdale, Dallas, Los Angeles, and Las Vegas, and many locations in Central and South America, among others. The company has an office in Miami, Florida, according to its website.

Earlier this month, the company announcement it would partner with select Quality Marts to pilot its technology solution in the convenience store market.

“It’s pretty clear that the trend of more demand for curbside order pickup due to societal and convenience issues is pushing us to think broader and more outside the box in terms of our kind of sales technology. retail,” Carl Turner, SWIPEBY’s CEO and Founder, said in a statement. “There are so many applications for this and we think these pilot projects with large convenience store chains will say a lot about the market.”

The company was founded in 2019 in Winston-Salem and opened the Miami office in 2021.

Contact with the company could not be made prior to the publication of this story.


Source link

Share.

About Author

Comments are closed.