Kozmo
Date | Investors | Amount | Round |
---|---|---|---|
N/A | $3.8m | Seed | |
$28.0m | Series A | ||
N/A | $87.5m | Series B | |
N/A | $32.4m | Series B | |
$81.6m | Series C | ||
$24.0m | Late VC | ||
N/A | Acquisition | ||
Total Funding | AUD398m |
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EditKozmo.com operates as a modern Warehouse Club, providing customers with the ability to stock up on a wide range of groceries and household items at competitive prices. The company primarily serves individual consumers looking for bulk purchasing options to save money on everyday essentials. Kozmo.com operates in the e-commerce market, focusing on online retail of food, beverages, household goods, and more. The business model revolves around offering significant discounts on bulk purchases, thereby attracting cost-conscious consumers. Revenue is generated through the sale of these discounted products, with a focus on high turnover and volume sales. The company also leverages a membership model, where customers can sign up for exclusive deals and early access to new products. However, delivery services are currently limited to specific areas, with plans for future expansion.
Keywords: e-commerce, bulk purchasing, groceries, household items, savings, membership model, online retail, food delivery, competitive prices, high turnover.