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Hived’s Sustainable Delivery Solution Gets £10m Funding to Expand Across Europe

Vedanshi SinghbyVedanshi Singh
30th April 2023
in Hived
Reading Time: 1 mins read
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Hived’s Sustainable Delivery Solution Gets £10m Funding to Expand Across Europe
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Hived, a UK-based delivery network focused on sustainability, is providing businesses with a greener alternative to traditional parcel delivery services. Unlike other delivery companies, Hived uses an all-electric fleet for both last-mile delivery and nationwide collection across the UK. 

The company has raised £10 million in a Series A funding round to scale its delivery solution with the goal of becoming the top sustainable delivery company in the UK and a major player in key European markets within five years.

Hived has a growing list of shipping clients, including major brands such as ASOS, Zara, Pip & Nut, and Minor Figures. The company is integrated with Metapack, Shopify, and Shiptheory, providing customers with the option of choosing green delivery as standard. Hived has achieved an impressive 99.7% on-time delivery rate, ensuring customers receive their parcels when expected.

In 2021, a total of 5.4 billion parcels were delivered in the UK, highlighting the need for more sustainable delivery options. Since its inception, Hived has achieved 30% month-over-month revenue growth, and the company has grown its head office to 40 employees. Hived now ships to all of Greater London and offers nationwide collection across the UK for hundreds of companies.

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Vedanshi Singh

Vedanshi Singh

Science communicator passionate about climate change, ESG, and sustainability, blending psychology with communication for impact.

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