Monday, October 08 16:07:44
Wexford based start-up, Scurri.com, has secured investment of E600,000 for its online shipping service and an expansion of the company that will see ten new jobs created.
The investment comes from multiple sources including private individuals, business angel investors and Enterprise Ireland.
South East Business Innovation Centre (South East BIC) worked closely with Scurri and the Halo Business Angel Partnership to deliver the funding.
Four of the ten new jobs will be created by the end of 2012 with the remainder to be hired by early 2014. The jobs will be based in Scurri's head office in Duncannon, Co. Wexford and are in the areas of software development, design, sales and marketing.
Scurri provides an innovative online service for e-commerce businesses to help them better manage the delivery of products. With Scurri, e-commerce businesses who are delivering physical goods, can use a suite of online management tools that allows them to analyse and manage their deliveries by accessing data from their transport providers. Through its propriety processes and APIs Scurri.com connects to ecommerce platforms and simplifies the management of the entire delivery process, improving delivery performance and overall customer service.
Rory O'Connor, CEO and founder of Scurri said, "South East BIC was an invaluable and integral support throughout the whole process. They helped us to develop our business plans, critically analyse them and prepare us for investment. We now have investors who are not only providing us with the funding but are also passionate about helping us to grow the business."
"The business angel investors have given us that extra boost we needed to continue developing our software platform and start to enter new markets. We are now targeting the UK and hope to expand beyond this into New Zealand and Australia in the next 2 years."
Aidan Shine, Assistant CEO, South East BIC, commented, "We are delighted to be involved with Scurri and wish them well in their future plans. This is the 10th such investment facilitated by South East BIC since we began the Business Angel Programme some four years ago. Our team in the BIC is fully committed to enhancing the South East as a home for budding entrepreneurs by facilitating the sourcing of such scarce early stage funding."