Weengs secures £2.2m angel funding

UK shipping startup Weengs has picked up £2.2 million in backing. The company takes care of the legwork required for small businesses to send out orders. Weengs plans to use the funding to expand out of London, and aims to set up shop in other European cities too.

Robin and Saul Klein’s Seedcamp and Germany’s Cherry Ventures are the main backers along with Greek VC fund VentureFriends, though a number of other unnamed angels also participated. Prior to this round, Weengs had raised around £175,000 in angel funding.

Weengs offers a packaging and shipping service via a smartphone app. The sender simply takes a photo of the items they wish to send, add a destination address and requests a pickup. Within the hour, one of Weeng’s so-called Angels will collect the item, take it back to their warehouse where it is professionally packaged in a custom built box. The package is then sent via one of the company’s shipping partners, that include Royal Mail, DPD and DHL. Weengs charge £5 per pick up plus shipping rates to the package’s destination.

“Small retailers and online sellers struggle to fulfill their online orders when it comes to packaging and shipping with a carrier. They have no resources or experience to offer the shipping services their big competitors offer which usually results in delayed deliveries or damages due to poor packing. We offer high-scale logistics to them at an affordable price,” explained Weeng co-founder Greg Zontanos.

“We collect their items unboxed from their location, package them professionally with our own materials and then ship them at discounted shipping rates with reliable carriers. This means our customers can promise same day shipping, deliver their goods intact and with great packaging and save themselves money and time. We also help them with international shipments so that they can address bigger markets; first by creating custom-built boxes and reducing shipping costs, and second by doing all the customs paperwork for them”.
Subscribe to Newsletter