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eGrocer platform for bodegas

eGrocer platform for bodegas

My Bodega Online changes the way small grocery stores (aka bodegas) buy and sell.

A New York grocery buyer has these options: an e-grocer (waiting 6-24 hours), a supermarket, or a bodega.

People don't buy more from bodegas because of their limited inventory, and because they don't know how to order a delivery.

Inventory is limited due to storage space, issues with weekly direct distribution from suppliers, and lack of credit. Bodegas cannot buy more than 7 days of inventory, suppliers cannot distribute directly to all of them (they are 25x supermarkets) and these stores cannot access normal sources of working capital.

Currently, suppliers are selling to warehouses. Bodega owners go weekly to buy limited quantities of stock. All in cash, no credit.

We want to disrupt this model by 1) improving the supplier access to bodegas, 2) providing working capital to buy more and better, and 3) creating the technology to enable mobile orders.

Jose Bello

Avatar for Jose Bello
Business Developer at GLACTION and Chief Developer at My Bodega Online. Background in retail banking, startup development, and nonprofit regulation.
Valuation

$500K

Funded over

1 round

Latest round

Seed (Nov 2018)

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