MILKRUN

Sydney, Australia Founded: 2021 • Age: 5 yrs Acquired By Woolworths Group
Ultra-fast grocery delivery is facilitated via an app-based platform.
Annual revenue - Latest available
Total funding $62.3M 2 rounds
Employees - Tracked headcount
Investors 5 Known backers
Products 5 Services tracked
Competitors 3 Brand Intelligence

About MILKRUN

MILKRUN is a company based in Sydney (Australia) founded in 2021 was acquired by Woolworths Group in May 2023. MILKRUN has raised $62.3 million across 2 funding rounds from investors including Woolworths Group, Tiger Global and AirTree. MILKRUN offers products and services including Grocery Delivery Service, Haagen-dazs Ice Cream, Latina Fresh Beef Ravioli, Latina Fresh Veal Tortellini, and La Famiglia Garlic Bread. MILKRUN operates in a competitive market with competitors including DoorDash and AMO STORE, among others.

  • Headquarter Sydney, Australia
  • Sectors
    Retail
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Milkrun Delivery Pty Limited
Operational Areas
Retail → E-Commerce Platforms & Marketplaces Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $62.3 M (USD)

    in 2 rounds

  • Latest Funding Round
    $54.04 M (USD), Series A

    Jan 20, 2022

  • Investors
  • Employee Count
    Not available
  • Acquired by
    Woolworths Group

    (May 25, 2023)

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Products & Services of MILKRUN

MILKRUN offers a comprehensive portfolio of products and services, including Grocery Delivery Service, Haagen-dazs Ice Cream, Latina Fresh Beef Ravioli, Latina Fresh Veal Tortellini, and La Famiglia Garlic Bread.

Product name locked
Category locked
Primary

Platform for ordering and fast delivery of groceries

Product name locked
Category locked
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Ice cream products delivered quickly for home consumption

Product name locked
Category locked
Locked

Fresh pasta options for easy meal preparation

Product name locked
Category locked
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Pasta varieties for convenient cooking and delivery

Product name locked
Category locked
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Garlic bread items for quick home delivery

Funding Insights of MILKRUN

MILKRUN has successfully raised a total of $62.3M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $54.04 million completed in January 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in MILKRUN

MILKRUN has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Woolworths Group, Tiger Global and AirTree.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture and private equity investments are managed with global diversification.
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Investments are directed toward early-stage tech startups by AirTree.
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Tech-focused VC firm primarily investing in early to late-stage startups
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Investor details for MILKRUN

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  • Investor domains
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Investments & Acquisitions by MILKRUN

Investments
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Investment portfolio details for MILKRUN

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Financial Statements - MILKRUN

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Detailed financials for MILKRUN

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  • Profit trends
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Milkrun Comparisons

MILKRUN Primary company
Description
Ultra-fast grocery delivery is facilitated via an app-based ...
Location
Sydney, Australia
Founded Year
2021
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for MILKRUN

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Competitors of MILKRUN

MILKRUN operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as DoorDash and AMO STORE, among others.

Company Name Domain Founded year HQ Location Description
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Food and grocery deliveries are facilitated through an app-based platform.
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Manages an e-commerce store offering multi-category grocery products with ultra-fast delivery.
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Detailed competitors of MILKRUN

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Latest news on Milkrun

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Frequently Asked Questions about MILKRUN

MILKRUN was founded in 2021.

MILKRUN is headquartered in Sydney, Australia. It is registered at Sydney, New South Wales, Australia.

MILKRUN is a funded company, having raised a total of $62.3M across 2 funding rounds to date.

MILKRUN was founded in 2021 in Sydney, Australia, within the on-demand delivery sector. An app-based platform is operated to enable ultra-fast grocery deliveries, with a catalog encompassing meat, seafood, eggs, wine, ice cream, chocolate, biscuits, vegetables, fruits, and additional items. Delivery riders are permitted to register on the platform. The mobile application is accessible for both Android and iOS devices.

MILKRUN's top competitors include DoorDash and AMO STORE.

MILKRUN offers Grocery Delivery Service, Haagen-dazs Ice Cream, Latina Fresh Beef Ravioli, Latina Fresh Veal Tortellini, and La Famiglia Garlic Bread.

MILKRUN has 5 investors. Key investors include Woolworths Group, Tiger Global, AirTree, Skip Capital, and Grok Ventures.

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