Prague-based startup grid.online, which provides shared parcel delivery through a transportation network, has raised €1.5 million to expand its workforce, with funding led by Reflex Capital and supported by J&T Ventures and Grid Invest.
- Founded in 2024 by Ondrej Kratky and Patrik Raš, grid.online offers a shared transportation network for parcel delivery through an API-driven platform that connects clients with flexible, efficient capacity.
- The startup uses unused transportation capacity in cities, letting couriers and fleets take on extra jobs during downtime to earn more without disrupting their main work.
- Grid.online provides short, flexible jobs for carriers, like delivery drivers and taxi services. The platform uses real-time trading to allocate available capacity, and carriers can sign up, get job alerts through the app, and receive weekly payments.
Details of the deal
- The investment was led by Reflex Capital, a Prague-based venture capital firm that supports early-stage startups, with a portfolio that includes companies like BoatAround, FaceUp, Merchantee, and Product Fruits. J&T Ventures and Grid Invest also participated in the funding round, contributing €250,000 each.
"Thrilled to back these amazing and experienced founders - Ondrej Kratky and Patrik Raš and their grid.online grand vision! Let’s roll together," Founding Partner at J&T Ventures, Adam Kocik, commented.
- The €1.5 million investment will be used by grid.online to hire key talent, improve courier onboarding, and scale its operations to meet growing demand from both clients and couriers.
