French on-demand logistics startup Cubyn are launching Cubyn Fulfillment in partnership with leading refurbishment ecommerce platform Backmarket. They’ve also raised another €12 million funding round and have boosted their team with ex French Amazon Prime and Amazon Logistics executives.
Cubyn first appeared in 2015 with a solution focusing on merchants willing to outsource their logistics while keeping their inventory. In four years and over 2 million shipments later, the company has built proprietary technology to streamline the logistics process for merchants, and plan to operate the Cubyn Fulfillment solution at a fraction of the industry standard cost.
“Cubyn Fulfillment disrupts the old ecommerce third party logistics market from the ground up with a better, faster and fully integrated service at a 30% lower price point. We are giving merchants a way to outperform their competition in terms of cost, delivery quality and speed ”
– Adrien Fernandez Baca, CEO & co-founder, Cubyn
Cubyn Fulfillment enables merchants to integrate their ecommerce inventory in 1-click and to start scaling their sales without worrying about logistics, all while monitoring the process from one simple interface. When an online order is placed, it is automatically exported and processed from a Cubyn warehouse. Parcels are then injected directly into the best carrier’s network to cut transit time and improve delivery quality. Cubyn leverages shipping data from millions of parcels to improve the customer satisfaction for merchants and marketplaces alike.
With a total of 20M€ in funding, Cubyn is the uncontested market leader in the booming European e-commerce logistics sector. It currently employs 60 people, and will hire 50 more before the end of the year. The company is currently powered by a team of over 300 packers and couriers. Since inception, Cubyn has processed over 2 million shipments, and in the first half of 2019, it has already processed more shipments than in the entire past year.
To oversee the successful rollout of Cubyn Fulfillment, the company also announces today three recent strategic hires: a VP of Operations, Grégoire Hirtz, former Head of Amazon Prime for France; a Head of Operational Excellence, Raphaël Renault, former Head of France Cross-border Transportation at Amazon; and a Warehouse Manager, Marie Chaussade, former Operation Manager at Amazon Logistics.