{"id":31966,"date":"2023-10-20T14:26:29","date_gmt":"2023-10-20T14:26:29","guid":{"rendered":"http:\/\/startupsmart.test\/2023\/10\/20\/delivery-startups-rapid-growth-drives-it-towards-a-3-million-funding-round-startupsmart\/"},"modified":"2023-10-20T14:26:29","modified_gmt":"2023-10-20T14:26:29","slug":"delivery-startups-rapid-growth-drives-it-towards-a-3-million-funding-round-startupsmart","status":"publish","type":"post","link":"https:\/\/www.startupsmart.com.au\/uncategorized\/delivery-startups-rapid-growth-drives-it-towards-a-3-million-funding-round-startupsmart\/","title":{"rendered":"Delivery startup\u2019s rapid growth drives it towards a $3 million funding round – StartupSmart"},"content":{"rendered":"
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Sydney startup People Post is gaining rapid traction as it plans to raise $3 million in funding later this year.<\/p>\n

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Co-founder Wayne Wang tells StartupSmart <\/i>People Post, formerly PPost, is aiming to be Australia\u2019s fastest courier service by having everyday people across the country ready to deliver parcels on-demand.<\/p>\n

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Since he last spoke with StartupSmart<\/i><\/a>, Wang says the startup has made great progress through rebranding, new capital and a growing team that is now at 10 members.<\/p>\n

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\u201cWe are looking to expand the team to 20,\u201d he says.<\/p>\n

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Wang started People Post after experiencing difficulties<\/a> with traditional courier services.<\/p>\n

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\u201cEveryone that I spoke to has had very bad experiences,\u201d he says.<\/p>\n

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After launching in Sydney back in 2014, People Post had about 1000 runners.<\/p>\n

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Today, Wang says they have more than 7000 runners registered across Sydney, Brisbane, Melbourne and Canberra.<\/p>\n

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They have also raised $500,000 through private investors.<\/p>\n

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People Post now has an updated app designed to enhance the efficiency and job opportunities for runners.<\/p>\n

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The new website has been created for a customer-friendly experience where individuals to businesses can upload hundreds of delivery requests with a few clicks.<\/p>\n

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Wang hopes the next major round of capital raising will help People Post expand into major cities across the country.<\/p>\n

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\u201cThen we\u2019ll go global,\u201d he says.<\/p>\n

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The main goal as they scale is to provide exceptionally fast deliveries, Wang says.<\/p>\n

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Similar to Uber with instant rides on-demand, Wang wants people to have instant access to runners who can collect and deliver parcels 24\/7.<\/p>\n

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\u201cWe want to have runners on every corner,\u201d Wang says.<\/p>\n

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While the sharing economy is a popular model for new startups, Wang is not deterred by the prospect of competitors in this space.<\/p>\n

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\u201cWe have started seeing some other players in this field but we don\u2019t see them as competitors yet,\u201d he says.<\/p>\n

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The main competitors, Wang says, are traditional couriers.<\/p>\n

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The courier sector is a $4 billion industry<\/a> dominated by corporations such as Toll, DHL and Australia Post.<\/p>\n

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But with high levels of consumer dissatisfaction in that market, Wang hopes disruptive technologies and startups like People Post will continue to improve the delivery service sector.<\/p>\n

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He feels this especially as a former small businesses owner.<\/p>\n

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\u201cThe more players in this field, the more the public will accept and adapt to the concept of sharing economies,\u201d Wang says.<\/p>\n

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Follow <\/i>StartupSmart on <\/i>Facebook<\/i><\/a>, <\/i>Twitter<\/i><\/a>, and <\/i>LinkedIn<\/i><\/a>.<\/i><\/p>\n","protected":false},"excerpt":{"rendered":"

Sydney startup People Post is gaining rapid traction as it plans to raise $3 million in funding later this year.<\/p>\n","protected":false},"author":2,"featured_media":62691,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8,9,1],"tags":[],"_links":{"self":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/posts\/31966"}],"collection":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/comments?post=31966"}],"version-history":[{"count":0,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/posts\/31966\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/media\/62691"}],"wp:attachment":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/media?parent=31966"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/categories?post=31966"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/tags?post=31966"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}