Jinn is a London-based, on-demand delivery platform that was founded in 2013. The platform enables users to order a wide range of items through mobile and web applications, with delivery promised in under an hour. Currently operational in 8 cities in the UK and Spain, Jinn aims to bridge the convenience of online shopping with the instant satisfaction of in-store purchases.
So far, Jinn has successfully completed over 1.2 million orders and maintains a fleet of over 1000 couriers. With a growth rate of 30% month-on-month, it stands out from competitors by offering greater flexibility in the choice of items that can be ordered and operates 24/7. The company has also formed close partnerships with nearly 1000 affiliates.
Following an initial $7.5 million investment, Jinn recently secured an additional $10 million in funding. This recent investment round was led by STE Capital and Samaipata Ventures, which is noteworthy as Samaipata Ventures was founded by the entrepreneurs responsible for La Nevera Roja, a take-out ordering service that was sold to Rocket Internet.
