Melbourne startup, One Key Entry, has raised $1 million in a pre-Seed spherical because it appears to be like to unravel the issue of parcel theft for deliveries to flats.
The startup, co-based by former Australia Publish staff Chanel Costabir and Raymond Ngai, emerged out of the Antler program final 12 months.
Antler, which made the preliminary funding within the startup, has once more backed the pre-Seed spherical together with LauchVic’s new Alice Anderson fund, which backs feminine founders, with strategic Angel buyers additionally backing the elevate.
One Key Entry launched in Melbourne this month, and the funding is earmarked to develop their staff and broaden to different states.
The startup sees itself as straddling LogisticsTech and PropTech to present authorised couriers with safe entry to buildings and parcel storage to assist the last-mile supply trade. One Key Entry connects couriers to entry management methods and parcel lockers by way of its cloud platform.
Costabir, the startup’s CEO, stated that with greater than 82% of Australian households buying on-line, parcel theft is on the rise.
“Our objective at One Key Entry is to allow frictionless 24/7 deliveries. We imagine we will greatest obtain this by being the connector between the supply drivers and the complete good supply ecosystem,” she stated.
A common digital key grants authorised entry to buildings and parcel lockers.
“We’ve got created an agnostic answer that streamlines the method for a courier to achieve authorised entry into buildings after which simply ship right into a parcel locker or mail room,” Costabir stated.
“The supply expertise at the moment is lower than very best. Supply drivers aren’t in a position to securely ship to condominium residents once they aren’t residence, residents are having to journey to various places to gather their parcels and constructing managers are coping with parcels being stolen from the lobby. With One Key Entry, all of this friction is eliminated.”
One Key Entry is already working with plenty of supply firms together with main couriers Australia Publish, Aramex, Couriers Please and DHL.
Antler Enterprise Accomplice Laura Faulconer stated they had been happy to again a staff that’s “labored on the absolute coalface” of an issue.
“By figuring out what hasn’t labored up to now, and a finger on the heart beat of what the market want is, One Key Entry has carved out an thrilling area of interest that may streamline final mile logistics,” she stated.
LaunchVic CEO Dr Kate Cornick praised One Key Entry as a Victorian startup on the rise.
“We’re proud to be investing in One Key Entry by way of LaunchVic’s Alice Anderson Fund to assist resolve a standard ache level for hundreds of Australian web shoppers,” she stated.
“Chanel and Raymond deliver their deep industrial expertise to this challenge and the capital they’ve secured will assist them refine their product provide and propel their long-term development – one thing LaunchVic is targeted on making certain proper throughout all elements of the Victorian startup sector.”
