The French e-grocery app Jow has announced that it has raised USD 7 million in new funding round. Jow is an application that combines recipes, recommendations and provide a facility of ordering grocery online.
The funding round was led by Stride.VC, along with Caterina Fake and Jyri Engeström from Yes VC, and Shan-Lyn Ma, the co-founder, and CEO of Zola.
The funding round was also participated by previous investors, DST global partners, and eVentures.
Jow was founded in 2018 and is now supporting five of France’s leading grocery retailers namely Monoprix, Carrefour, Auchan, Chronodrive and E.Leclerc.
The app also claims that it let you finish your weekly online grocery shopping in as little as a minute by creating a customized and tailored menu for each user and household.
“Doing your weekly shopping online can take you up to one hour. You waste a lot of time looking for the right product category, subcategory, scrolling through hundreds of references, you finally find your product, put it in your cart, and repeat this process up to 40 times (the number of items in your cart)! It’s a horrendous experience, with no added value at all for the customer,” says Jacques-Edouard Sabatier, Jow co-founder, CEO.