Dropfriends receives six-figure sum

In addition to NRW Bank, the start-up was able to convince six other business angels.

Cologne-based software company Dropfriends has received mid-six-figure pre-seed funding to expand and scale its platform for local parcel acceptance communities. The announcement was made by co-founder and CEO Martin Peters at the Last Mile City Logistics trade show in Berlin. The founding team convinced investors Daniel Matuschewsky, Daniel Senf, Henry Flack, Markus Richter, Rainer Witt and Randolf Schürmann. NRW-Bank also participated in the financing round.

Yasmin Werner, Osamah Aldoaiss and Martin Peters founded Dropfriends at the end of 2019. With the help of the solution provided by Dropfriends, anyone should be able to set up or head for their own parcel store within seconds, regardless of the parcel delivery service.

Dropfriends thus wants to make everyone a parcel retailer. These can then be used via a smartphone app, but also directly in partner systems for receiving shipments or in the ordering system of online stores. This should make it much easier for users to get their ordered parcels in the end. "In two and a half months, we were able to generate more than 1,400 Droppoints. In Cologne and Hamburg, that's even more than there are parcel lockers there," says Martin Peters.