Goggo Network

Goggo Network develops autonomous delivery solutions utilizing robots to streamline last-mile logistics. Their innovative technology enhances efficiency in urban delivery, connecting local merchants with consumers seamlessly. Goggo Network is focused on providing autonomous last-mile delivery services. Founded in 2018 in Berlin, Germany, the company has undergone significant growth, securing EUR 44.

00 mn in Series A funding from Softbank Capital in January 2020. The company is led by founder Martin Varsavsky, who has a history of entrepreneurship, and under his leadership, Goggo Network aims to revolutionize the delivery industry. Goggo Network specializes in autonomous last-mile delivery solutions, connecting businesses with autonomous robots to facilitate the delivery of goods. Their primary offering is a fleet of autonomous delivery robots designed to operate in urban environments, transporting items from local merchants directly to customers.

Customers can place orders through various food, grocery, or retail applications, and merchant staff are responsible for loading the Goggo robots. Once loaded, the robots autonomously navigate to the designated delivery location, ensuring timely and efficient service. Goggo Network's solutions are currently utilized across multiple markets in Europe, including Spain, Portugal, and Italy, catering to a diverse clientele that ranges from retail outlets to food service providers. Goggo Network's revenue model is primarily based on partnerships with merchants and retailers who utilize their autonomous delivery services.

These partnerships facilitate a transaction structure where merchants integrate Goggo's delivery solutions into their operations, enhancing delivery capabilities without additional human resources. The company operates on a B2B model, generating revenue through service agreements that may include fixed fees or performance-based pricing depending on the volume of deliveries processed. While specific pricing plans for the services offered are not disclosed, the engagement of retailers and other businesses in a collaborative manner suggests a focus on scalable solutions that align with current market demands for efficient delivery systems. Goggo Network plans to leverage its recent Series A funding of EUR 44.

00 mn, raised in January 2020, to enhance its technology and expand its fleet of autonomous delivery robots. The company aims to enter additional European markets and potentially explore opportunities beyond Europe by 2023. This expansion will focus on cities with high urban density, where demand for efficient delivery solutions is increasing.