INSUBCONTINENT EXCLUSIVE:
Backing the majority of the round is London venture capital firm Episode 1, alongside a number of unnamed private individual
investors.Launched in November 2017 by Martin Bysh and Paul Dodd after the pair had run a number e-commerce experiments, Huboo aims to solve
the fulfillment pain point that most online stores face
by outsourcing fulfillment, online shops can focus on the parts of the business where most value is added, such as customer service and
woefully underserved, with most fulfillment providers too expensive and uninterested in servicing smaller businesses
interest in our business, our items were too cheap and our volumes too low
Instead of attempting to find the next pure e-commerce opportunity, as their e-commerce experiments had intended, they began trying to
flexible enough for Huboo to work with sellers, regardless of what they sell, how much they sell and whether or not the goods are sold new
headphones, bingo tickets, electronic bagpipes, antiques, coffee, electronics, clothes (new and used) and beauty products
Clients include startups, subscription businesses and individuals selling niche or boutique products.Bysh says that serving this part of the
This sees every client given a designated space within a hub and a hub manager who understands their business.From a revenue model
perspective, Huboo is attempting to align its own interests with that of sellers
The startup provides two months of free storage to all clients for every new inventory shipment, so if sellers manage and maintain turnover
subscription and optional services, such as packaging
This will include related services, such as tech to help expand to additional channels and increase sales.
