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Bond raises $15M for last-mile delivery tech

January 30, 2020 / Tatiana Walk-Morris

On Jan. 28, Bond, an e-commerce startup, raised $15 million to finish and launch three last-mile consumer-focused mobile apps, the company announced in a press release emailed to Retail Dive. Lightspeed Venture Partners participated in the funding round, along with MizMaa Ventures and TLV Partners, according to a company statement. Bond currently manages the post-purchase experiences for more than 30 online retailers in New York's Manhattan, Brooklyn and Queens, as well as New Jersey. The startup plans to open more nano distribution centers (NDCs) in the New York metro area by March, and expand to two more cities by the third quarter in 2020, according to the release. Bond currently processes about 15,000 deliveries per month, including oddly-shaped goods like mattresses or items requiring temperature control like desserts, the company noted in its statement.