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October 18, 2006
eCourier - Parcel Delivery In Color
Logispring, a specialized venture firm backed by TNT, the parcel post and logistics giant, as well as Booz Hamilton, has invested £2 million in eCourier, a two year old express parcel and post delivery startup to fund its international expansion.
The company was founded by Tom Allason, CEO, and Jay Bregman, who is the first CTO we've seen that's done time a Harvard Law School, as well as Dartmouth and the London School of Economics.
Allason writes that while working at a shipping firm, "courier-related stress routinely surpassed that of managing trading vessels and new-building projects" - which doesn't say a lot for eCourier's rivals.
The firm's founders have basically put the whole customer-courier interaction thing online, from order entry to courier allocation, route definition, tracking, alerting, and payment and it delivers it all up in a what looks like a state of the art web service.
If the demo reflects how the service really works then it's taking good advantage of self-service and artificial intelligence tech.
Couriers Gets Optimized Routing and Traffic Info In Real Time
It makes the DHL and FedEx's once innovative and pioneering parcel delivery gadgetry look old-fashioned, kind of like watching black and white TV.
Couriers Are Equipped With Nifty PDAs - But Give Them A Touch Screen - It's Too Easy To Lose a Stylus
Read - Logispring invests in eCourier, London’s most innovative same-day courier company(press rel.)
Posted on October 18, 2006 11:50 AM | Posted to Online services | Venture Capital | Permalink
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