RUN

Annually over $60B is spent on last mile logistics in Africa by businesses, however about $5B is then lost in revenue to the inefficiency of the same service, which are;

*Decentralized/fragmented nature of the last mile logistics Industry.

*Highly manual & Inefficient processes.

*Fixed & Unfavorable pricing model.

*Limited express delivery service.

Businesses across Africa are disenfranchised by this problems above and are greater victims/casualties of the inefficiency and lack of structure in the last mile/small parcel logistics space.

RUN uses technology to automate, aggregate & optimize short distance & intra city logistics for businesses. RUN connects businesses to the closest dispatch bike, aggregate their multiple delivery and provides real-time oversight from pickup to drop off.

Kate, 27 Years. A Skin care entrepreneur. She Produces and distributes skin care products nationwide. She is one of the businesses representing SMEs Faced with challenges of getting her products to her customers.

However with RUN Infrastructure driven by the best technology and customer experience possible, Kate now has access to thousands of riders, enabling her to process large volumes of orders and penetrate new markets with ease.

We combined our personal logistics experiences & frustrations(which made our CEO loose an opportunity of $150k revenue at his previous business), and all our skills and work experiences, with our deep understanding of the customer base into building RUN.

We truly believe in our differences, commonalities, unique strengths, and even our ability to overcome our faults. We have learned that the perfect mix of these things is what makes us a strong, cohesive, and high-performing team regardless of the circumstances. We have also truly hit the jackpot when it comes to relevant domain expertise. Our team at RUN is blessed to be experienced and skilled in relevant and diverse areas that are critical to RUN foundation and its success.

Total Customers- 5410 (77% B2B & 23% B2C & C2C)
Total Riders- 1372 (78% are active riders)
Total GMV- $1.1m
Total Revenue- $390k
GMV to Revenue ratio- 33%
Q1 2024 MRR- $85K
Partnership - Jumia, Krispy Kreme, FIRS, Lagos State Ministry of health, Buy9ja.
We have completed our fintech embedded products in Q4 of 2023.

Startup mentorship from industry experts to fast track our growth

To be backed by the accelerator as a positive indicator and social validation to RUN’s success

To gain visibility, credibility and networking access

Opportunity to raise funds

The Competitive space is across 4 major verticals. which are; Asset heavy &  Direct/Vertically Integrated model, then there is the Aggregator model & Asset light model, this is where RUN is dominating, providing access to thousands of riders, driven by the best technology and customer experience possible, enabling businesses to process large volumes of orders and penetrate new markets with ease.

Africa is forecasted to surpass half a billion e-commerce users by 2025 but the last mile delivery challenges are hindering this growth, making a lot of African businesses victims and casualties. Also, customer preference is changing rapidly from the demand of next day delivery to express delivery. The increasing adoption of technology for lifestyle activities such as ride sharing (Uber/Bolt), banking & payments, social interaction, etc. Our traction & Impact from when we launched till now has validated that we are right on time in solving this incessant problem.

13-CLIMATE ACTION :Our trips aggregation technology saves the  environment 270 metric ton of C02 annually. Our  dispatch bike financing plan, starting this year, will be  committed to acquiring eco-friendly bikes.  Moving Africa without harming Africa.

1-NO POVERTY: Thousands of our delivery agents are able to start their logistics business with zero capital.

2-ZERO HUNGER: Our partners – riders and agents have converted their idle time to do 7x their monthly average wages.

8-DECENT WORK & ECONOMIC GROWTH: Riders who are typically known as uneducated, unprofessional and prone to fraud are now professionals. We will impact 10000 rider families by 2025.

We use  APPS

Full time staffs- 8
Part-time staffs- 2
Co-Founders- 4

I have been working on it full-time and our CFO has been working on it part-time, since it was launched in 2021, our CTO & COO have been working on it full time for 24 months.

I personally don't know how to work part-time on important things. My CFO has plans to resign her job in 8 months to join us full-time on it.

OUR CORE VALUES are;

1. Psychological safety

2. Ownership mindset

3. Inclusive workplace

4. Fairness - rewards and incentives 

We truly believe in our differences, commonalities, unique strengths, and even our ability to overcome our faults. We have learned that the perfect mix of these things is what makes us a strong, cohesive, and high-performing team regardless of the circumstances.