We were featured in the Sunday Business Post on Sunday, 18th February 2018 in an article written by Elaine O’ Regan, “CLN brings welcome breathing space to delivery company”.
WeBringg have recently secured a Convertible Loan Note in the value of €650,000 from private sources. John Purdy, founder of leading IT solution provider has joined WeBringg’s company board as a non-executive director.
“What the CLN does is give us a little bit more breathing space and time to confirm the valuation of the company before going to market for equity,” said Alan Hickey, co-founder, WeBringg.”
““We’re looking at quadrupling the size of the business in the next 12 months. The CLN will support that growth, but in terms of the markets we’re targeting, we already know where we’re going and when,” said Hickey.
You can read the full article on the businesspost.ie here.
WeBringg was featured on fora.ie in an article written by Killian Woods on 20/02/2018. Speaking to Fora, WeBringg co-founder and chief executive Sean Murray said the company has just raised a round of investment worth €650,000 due to “an immediate need for funding”.
“In recent years, same-day delivery has become a key selling point for e-commerce behemoth Amazon, which has used its flagship Amazon Prime service to tighten its grip on the online retail market. However, WeBringg has tried to get a jump on the tech giant in Ireland, where Amazon is yet to roll out the same-day service.”
“Murray said the startup, which has a partnership with JustEat, gets a lot of its business from food delivery. However, he added that other aspects of the business are growing fast.”We do see a lot of business from takeaway, but the retail side of things is catching up now and pharmacy in particular is starting to take off.”
You can read the full article here;