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Zapp operates an on-demand rapid delivery service, providing groceries and essential items directly to consumers. The company leverages a dedicated infrastructure to offer a curated selection of products, from daily necessities to premium goods, available around the clock. This model prioritizes speed and consistent availability, addressing immediate consumer needs via its digital platform.
Founded in 2020 by Joe Falter and Navid Hadzaad, Zapp emerged from the founders' deep experience in on-demand services. Falter, having previously led such business units, brought critical insights into the rapid delivery market. Their shared understanding identified a clear consumer desire for instantaneous fulfillment of diverse convenience items.
Zapp targets urban consumers prioritizing convenience and immediate access to a curated product assortment. Its vision focuses on enhancing daily life through effortless access to essentials, with plans to extend its rapid delivery model into new metropolitan areas. This strategy aims to solidify its position in the evolving urban convenience sector.
Zapp has raised $300.0M across 2 funding rounds.
Zapp has raised $300.0M in total across 2 funding rounds.
Zapp is a London-based technology company offering a premium on-demand delivery app for convenience retail. It provides a curated selection of daily essentials, luxury items, and pharmacy products, delivered 24/7 in minutes to high-demand customers in the premium segment.[1][2][3] Targeting London's market with a full-stack approach, Zapp leverages cutting-edge technology to predict needs and ensure product availability, backed by $300M in total funding including a $200M round from investors like Lightspeed Venture Partners, Atomico, and Lewis Hamilton.[2][3] The app serves urban consumers seeking speed and quality in a $4 trillion global industry still largely offline, with reported revenue of $29.2M and 201-500 employees.[2][3]
Zapp was incorporated as ZAPP TECHNOLOGY LTD on April 3, 2019, in London, with its registered office at 5-7 Vernon Yard, W11 2DX, and began operations in 2020 from Sevenoaks (also listed as Kent or Buckhurst House).[1][3][4] Founders are not named in available records, but the team draws from scale-up experts at Amazon, Deliveroo, and Selfridges, focusing on premium convenience from launch.[2] Early traction emerged in London, proving product-market fit amid the rise of instant delivery post-2020, leading to rapid VC backing and expansion plans like a potential Dubai move despite competition from Talabat and others.[1][2]
Zapp rides the instant commerce wave in a post-pandemic world demanding 10-15 minute grocery delivery, competing with Getir, Flink, and Glovo in Europe's $4T convenience retail market.[1][2] Timing aligns with urban density in London—a megacity testing ground—where offline retail lags digital transformation, amplified by supply chain tech advances.[2] Market forces like rising premium consumer spending and VC influx ($300M raised) favor it, while it pushes ecosystem standards by innovating full-stack logistics, potentially influencing rivals toward curated, high-margin models.[1][3]
Zapp's focus on premium London expansion positions it for scaled profitability in instant retail, with plans to build the future supply chain over decades.[2] Trends like AI personalization and EV logistics will accelerate growth, though competition in new markets like Dubai tests resilience.[1] Its influence may evolve from local disruptor to global benchmark, elevating convenience retail if it sustains funding momentum and tech edge—transforming "need it now" from app novelty to industry standard.
Zapp has raised $300.0M in total across 2 funding rounds.
Zapp's investors include 468 Capital, BroadLight Capital, Rytis Vitkauskas, Atomico, Mangrove Capital Partners, Sapphire Ventures, Lewis Hamilton, Burda Principal Investments, Gorillas, Vorwerk Ventures, Amazon Alexa Fund, Angel Ventures.
Zapp has raised $300.0M across 2 funding rounds. Most recently, it raised $200.0M Series B in December 2021.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Dec 1, 2021 | $200M Series B | 468 Capital, BroadLight Capital, Rytis Vitkauskas | Atomico, Mangrove Capital Partners, Sapphire Ventures, Lewis Hamilton, FON, Burda Principal Investments, Gorillas, Vorwerk Ventures | Announced |
| Mar 1, 2021 | $100M Series A | — | Amazon Alexa Fund, Angel Ventures, Atomico, FJ Labs, L Catterton, Mangrove Capital Partners, Presight Capital, Race Capital, Sapphire Ventures, Dimiter Tschawow, Mato Peric, Ricardo Weder, Tushar Ahluwalia | Announced |
