Trailer Magazine

Go People passes $2m funding milestone

  • Posted on Thursday 3rd, November 2016.

New South Wales-based parcel and delivery courier, Go People, has reportedly raised in excess of $2 million in two rounds of crowdfunding in the past three months, with its latest round raising a further $825,000.

Formerly trading as People Post, Go People is aiming to capitalise on the growing market for on-demand couriers. Wayne Wang, founder and CEO of Go People, said the recent raise and surge in demand marks a significant turning point for the company.

“Since I started the business in 2014, I believed the courier model could be much more efficient,” he commented. “We went to market to change the delivery industry and disrupt legacy delivery and courier rules, resetting the benchmark of how deliveries can be made.”

According to the company, Go People will be using the additional funds to help continue its growth in the domestic market, and keep competitors at bay.

“Although we have seen a number of new entrants come to market with a similar model or other on-demand services companies looking to expand into the deliveries industry, we’re not fazed,” Wang said.

“Parcel delivery can be much more complex than other on-demand services. That is because a Runner—our name for a courier—needs to be able to deliver parcels to multiple locations in the simplest and most efficient manner. That’s where our proprietary routing and grouping algorithms set us apart. We work out the best routes and the best locations for them travel, to make their life easier and, in turn, make them more money.”

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