Background

The demand for home delivery services has powered up across the globe over the last few years, but so has its CO2 footprint.

Shopopop’s digital platform brings together online customers who need to be delivered at home, stores (major food retailers, specialized retailers and local merchants), and individuals (the “shoppers”) who take advantage of their daily commute (school, shopping, work) to pick up their neighbors’ purchases at points of sale and deliver them. In exchange for this service, the “shoppers” receive a financial compensation as a contribution to their costs.

Thanks to its innovative collaborative model, Shopopop does not have to use dedicated infrastructures to perform its delivery services. Additionally, it contributes to reducing unequal access to deliveries between densely populated areas vs. rural or less dense areas.

This fast-growing company, with talented teams, has strong values such as social ties, local communities, and low carbon footprint thanks to the collaborative economy. It optimizes the mobility flows linked to the problem of last-mile delivery, while having a positive environmental impact.

Meridiam’s Green Impact Growth Fund lead a 20 million euros financing round for Shopopop to accelerate the development of the company, in France and across Europe, dramatically expanding its positive impact. Shopopop will constantly strengthen its model over the coming years. By rending delivery services more economically and ecologically viable, it will contribute to a sustainable economic growth. Meridiam, as an important shareholder of Shopopop, supports its expansion with the expertise of more than 300 professionals dedicated to impactful investment across the world, measuring results with our proprietary tool, Simpl.