WareIQ
Y Combinator-backed (Summer 2020) full-stack eCommerce fulfillment platform operating a pan-India network of 20+ fulfillment centers for same/next-day delivery, serving D2C, marketplace, quick-commerce and B2B brands.
WareIQ: Funding Rounds
| Date | Round | Amount | Investors | Source |
|---|---|---|---|---|
| 29 Oct 2020 | Seed | $1.65 Mn | Emles Venture Advisors Founders of Flexport FundersClub Pioneer Fund Soma Capital Y Combinator | source |
Recent Signals
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12 Jul 2021 · growth-traction
WareIQ hits $2M annualised run-rate and 100,000+ parcels/day within 14 months, profitable from Day 1 source
News on WareIQ
No coverage of WareIQ linked yet.
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Who founded WareIQ?
WareIQ was founded by Harsh Vaidya, Aayush Mattoo in 2019.
How much funding has WareIQ raised?
WareIQ has raised $1.65 Mn across 1 tracked funding round(s), most recently on 2020-10-29. Figures are compiled from cited public sources.
Who are the investors in WareIQ?
Investors in WareIQ include Emles Venture Advisors, Founders of Flexport, FundersClub, Pioneer Fund, Soma Capital, Y Combinator.
What does WareIQ do?
Y Combinator-backed (Summer 2020) full-stack eCommerce fulfillment platform operating a pan-India network of 20+ fulfillment centers for same/next-day delivery, serving D2C, marketplace, quick-commerce and B2B brands.
Where is WareIQ headquartered?
WareIQ is headquartered in Bengaluru, Karnataka, India.
What is WareIQ's business model?
WareIQ's core value proposition centers on Distributed fulfillment near demand clusters, Same/next-day delivery reach, AI-led inventory placement, Unified multi-channel platform.
How does WareIQ make money?
WareIQ's cited revenue streams include Transaction-based fulfillment fees, Per-shipment revenue model.