What is Evri?
Evri Group operates as a consolidated network of parcel delivery, customs clearance, and business mail brands, headquartered in the United Kingdom. The company is dedicated to offering convenient, dependable, and environmentally conscious parcel services tailored for retailers, online marketplaces, and individual senders. Leveraging an extensive delivery infrastructure and a broad courier network, Evri is focused on elevating the customer experience and facilitating international trade, building upon its established presence in the UK and expanding its global footprint.
How much funding has Evri raised?
Evri has raised a total of $3.9M across 3 funding rounds:
Unspecified
$349K
Series A
$3.5M
Debt
$85K
Unspecified (2010): $349K with participation from SV Angel
Series A (2012): $3.5M led by Vulcan Capital Management
Debt (2021): $85K supported by PPP
Key Investors in Evri
Vulcan Capital Management
Vulcan Capital Management is a diversified private equity investment firm based in New York, focusing on unique investment opportunities in oil & gas, coal, power, and energy assets. The firm targets middle-market assets, leveraging extensive market knowledge to generate significant returns for institutional and private investors, including large endowments and pension plans.
SV Angel
SV Angel is a long-term investment firm dedicated to supporting founders in creating impactful businesses. They prioritize building strong partnerships by advocating for founders and providing essential resources, strategic insights, and a vast network to help companies scale.
PPP
Public-Private Partnership
What's next for Evri?
The substantial expansion capital secured by Evri signals a strategic push towards scaling its operations and potentially exploring new technological integrations or market expansions. This major enterprise-level funding is likely to be directed towards enhancing its logistics network, improving delivery efficiency, and strengthening its sustainability initiatives. The company's trajectory suggests a focus on solidifying its position as a key player in the parcel delivery market, with future developments potentially involving further international growth and service diversification.
See full Evri company page