Glocally

Founders

Glocally was founded by university colleagues who previously ran a profitable sneaker business. Leveraging their entrepreneurial experience, they ventured into the B2B supply chain and logistics industry. The founders' background in e-commerce and their understanding of the market dynamics laid the foundation for Glocally's focus on innovative delivery solutions aimed at improving customer retention for online shops.

Services

Glocally specializes in last mile delivery services for e-commerce businesses across Europe. The company enhances customer retention by offering same day and next day delivery options. Their deliveries are made using sustainable vehicles, aligning with a growing emphasis on eco-friendly logistics solutions. Glocally's service capability includes providing delivery solutions that operate both regionally within Germany and Europe, as well as through remote and partly remote models.

Industry

Glocally operates within the B2B sector, specifically targeting the supply chain and logistics sub-industry. Their primary focus is on providing innovative delivery solutions that cater to the demands of e-commerce businesses. The company's service offering positions them to address the significant market opportunity within the European e-commerce sector, which sees up to 15 billion parcels delivered annually.

History

Launched in January 2022, Glocally is a relatively new but ambitious player in the supply chain and logistics sector. The company’s participation in the Y Combinator W22 batch signifies its potential and growth trajectory. Originating in Munich, Germany, Glocally has rapidly expanded to offer its services across various regions in Europe. Their business model is centered around sustainable and efficient last mile delivery, tailored to enhance the performance of e-commerce platforms.

Market Opportunity

Glocally targets the European market, a region with an annual delivery volume of approximately 15 billion e-commerce parcels. This represents a substantial $55 billion market opportunity. By addressing the logistics needs of e-commerce businesses with same day and next day delivery services, Glocally aims to capitalize on the growing demand for efficient and sustainable delivery solutions.