Jinnapp secures £1m seed funding as it drives into delivery market
Angel investors including potential.co.uk founder Doug Scott have backed London tech start-up which "brings any item straight to your door"
London-based delivery app Jinnapp has raised £1m in a seed round led by a group of angel investors including potential.co.uk founder Doug Scott, and former Arts Alliance managing director Laurent Laffy.
Launched in April 2014, Jinn allows customers to order “any item” from any restaurant or shop – such as McDonalds or Zara – and have it delivered in under an hour for a fixed fee.
With operations in several London areas including Camden, Westminster, Hackney and Islington, the start-up plans to use the seed rounds to expand its service outside of the capital with launches planned for other UK cities imminently.
The round follows the business’ earlier seed funding in July 2014 of $200,000 from Scott, alongside the founders of discountvouchers.com and rentalcars.com.
“I’m always on the lookout for something with real potential, a little bit quirky or innovative and something which hasn’t necessarily been seen before. That was really the appeal of Jinnapp for us; they do things differently and always have done.
“I like that they are turning the online retail industry on its head – there’s none of this waiting a week for a delivery, there’s no having to pick things up from awkward collection points. It’s a case of making things more convenient for Joe Public, which is what I really like about it.”