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Jinn

jinnapp.com

Founded Year

2013

Stage

Acquired | Acquired

Total Raised

$19.25M

About Jinn

Jinn is an urban logistics and delivery platform that allows users to order anything they want from local stores and restaurants. The company has built a mobile app that connects its users with a fleet of couriers. Users can track their delivery in real time and pay through the app for an awesome delivery experience.

Headquarters Location

22 Long Acre

London, England, WC2E 9LY,

United Kingdom

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Research containing Jinn

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Jinn in 1 CB Insights research brief, most recently on Oct 17, 2022.

Expert Collections containing Jinn

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Jinn is included in 3 Expert Collections, including Supply Chain & Logistics Tech.

S

Supply Chain & Logistics Tech

4,513 items

Companies offering technology-driven solutions that serve the supply chain & logistics space (e.g. shipping, inventory mgmt, last mile, trucking).

O

On-Demand

1,251 items

F

Food & Meal Delivery

1,494 items

Startups and tech companies offering online grocery, food, beverage, and meal delivery services.

Jinn Patents

Jinn has filed 1 patent.

The 3 most popular patent topics include:

  • Computer buses
  • GPS navigation devices
  • Personal digital assistants
patents chart

Application Date

Grant Date

Title

Related Topics

Status

4/28/2016

10/24/2017

Fiber optics, Optical fiber, Photonics, Diffraction, Optical devices

Grant

Application Date

4/28/2016

Grant Date

10/24/2017

Title

Related Topics

Fiber optics, Optical fiber, Photonics, Diffraction, Optical devices

Status

Grant

Latest Jinn News

Another $10m tonic for Jinn

May 15, 2017

I wonder how many retailers can afford to hand over 25% of each sale to a delivery outfit without charging customers a premium? This is the merchant levy raised by London-based ‘on demand, within the hour’ delivery startup, Jinn, which has just raised a further $10m in a Series B funding round backed by STE Capital, along with prior investor Samaipata Ventures (see Samaipata adds $7.5m tonic to Jinn ) and others. Having said that, according to TechCrunch , there's an alternative charging model where Jinn instead charges the customer 10% of the sale plus a mileage-based fee, which is more in line with what I might pay if I was that desperate for a late night 'CTM' (chicken tikka masala). Except they don't deliver to Ealing. Or there’s Just Eat, Deliveroo, Uber Eats, et al, and for (almost) anything else, there’s Quiqup and Amazon Prime! Nonetheless, Jinn claims to have around 1,000 merchant partners. Jinn reportedly got caught up in the ‘gig economy’ freelancer-vs-employee farrago earlier this year, when its couriers went on strike over a change in payment. Apparently, Jinn changed from paying its couriers £8 p.h plus £1.50 per delivery, to £7 per delivery flat rate. According to Jinn’s website, you can become a courier and earn “competitive pay, up to £15/hour” which I guess assumes you are running more than two deliveries an hour (you need to supply your own means of transport, by the way). Jinn claims to be running ‘positive contribution margins’ and expects to be profitable in 2018. If they really have found a way to magic up profits with their business model, well done them!

Jinn Frequently Asked Questions (FAQ)

  • When was Jinn founded?

    Jinn was founded in 2013.

  • Where is Jinn's headquarters?

    Jinn's headquarters is located at 22 Long Acre, London.

  • What is Jinn's latest funding round?

    Jinn's latest funding round is Acquired.

  • How much did Jinn raise?

    Jinn raised a total of $19.25M.

  • Who are the investors of Jinn?

    Investors of Jinn include Henchman, Samaipata Ventures, STE Capital, Doug Scott, Simon Bichara and 9 more.

  • Who are Jinn's competitors?

    Competitors of Jinn include Quiqup.

Compare Jinn to Competitors

Quiqup Logo
Quiqup

Quiqup enables businesses of all sizes to deliver their products to customers. The company provides the technology, delivery fleet, and customer support as a fully managed solution. Small businesses can use their web-app or e-commerce plugins to book couriers on a pay-as-you-deliver basis, while Quique uses modular tech and operational flexibility to design fully customized logistics solutions in partnership with enterprise-grade clients. Quiqup offers services for small businesses, bricks and mortar shops, enterprise-level retailers, or logistics providers.

DHL Supply Chain Logo
DHL Supply Chain

DHL provides contract logistics solutions along the entire supply chain for customers within the automotive, consumer, chemicals, energy, engineering & manufacturing, life sciences & healthcare, retail and technology sectors.

Deliv Logo
Deliv

Deliv provides delivery services for customers' online orders right from a retailer's website directly to the customer. The company was founded in 2012 and is based in Menlo Park, California.

A
Aramex

Aramex is a global provider of comprehensive logistics and transportation solutions. Established in 1982 as an express operator, the company rapidly evolved into a global brand recognized for its customized services and multi-product offering.

Fetchr Logo
Fetchr

Founded in 2012, the Fetchr app eliminates the hassle from sending and receiving packages by using a phone as a physical address, thus solving the problem of no addresses in the Middle East. With just a snap and a swipe, drivers arrive to a customer's exact location via the phone, at a chosen time, to pick up a package and deliver it into the hands of their recipient - whenever and wherever they need it. Fetchr's sophisticated logistics technology connects the dots between customer, package, driver and sender to provide faster, cheaper, seamless deliveries.In December 2019, the company raised an additional $10M as part of an emergency recap. According to Bloomberg, existing investor saw the value of their shares diluted to almost zero.

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