Every WiLL closes seed investment for parcel collection services
ON&BOARD’s investment partnership, East Ventures and Japan Startup Support Association backed the Japanese logistics startup.
Equity alongside public support and borrowing
Every WiLL put its total business funding at ¥130m, combining the seed investment with subsidies, support payments and borrowing. It did not disclose the equity portion separately.
The announcement follows September’s launch of its home parcel-receipt rewards app and deployments of unattended collection sites in the Tokyo metropolitan area. The two services connect consumer participation with physical delivery infrastructure: feedback from recipients can help determine where shared collection locations are useful.
Use of funds
Expand Toriiku parcel collection sites
Develop and deploy the home parcel-receipt rewards app
Develop receipt-data products and partnerships
Strengthen the organisation