PiggyBee is a Belgian startup founded in 2012 that operates in the logistics industry. The company's slogan, "PiggyBee connects people who want to get or ship something with travelers," encapsulates its business model effectively. PiggyBee provides a platform where individuals seeking to transport goods can connect with travelers who are willing to assist with shipping during their trips. Users can list items for transportation, specify the pick-up and drop-off locations, and travelers can browse for suitable opportunities or share their upcoming travel plans to facilitate a match. In return for their services, travelers can receive rewards such as meals or airport pickups or opt for monetary compensation.
The startup received a €50.00K convertible note investment on 01 January 2017, indicating investor interest in the platform's potential. PiggyBee's model capitalizes on the sharing economy and the trend of collaborative consumption, allowing for the transportation of a wide range of goods across various distances, be it international, national, or local. By leveraging the underutilized capacity of travelers, PiggyBee endeavors to create a cost-effective and efficient shipping solution while providing a rewarding experience for both shippers and travelers.
