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GV Group invests in last-mile technology software company

26th May 2021 - 08:21
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Abstract
GV Group (Gate Ventures) announced that it has invested in ROUT’D Technology, a company providing last-mile logistics and delivery management software for the UK hospitality sector.

The last mile logistics refers to the final step of the delivery process from a distribution centre or facility to the end-user. Through GV Group’s Foodmove and Platebox subsidiaries, ROUT’D works with numerous multi-site clients including Compass Group, Booker, Benugo, Makro and other retailers and caterers.

Tevin Tobun, chief executive of GV Group, said: “We are delighted to have invested in ROUT’D, especially during a period where businesses are looking for innovative solutions to tackle the rapidly changing foodservice sector.

“ROUT’D will offer a nimble delivery platform which will help businesses plan and forecast more accurately. It is important for all businesses to have the ability to be flexible and agile which is essential in the current climate.”

The platform gives clients across the business and industry, retail, education, healthcare, restaurants and wholesale sectors complete traceability of product by allowing clients back-end staff and drivers the ability to interact with & monitor the performance of drivers and deliveries anytime.

Written by
Edward Waddell