ARIVE
ARIVE was a Paris-based company founded during the COVID-19 pandemic, specializing in fast delivery of sneakers, cosmetics, and lifestyle products across major European cities, before ceasing operations in 2023.
Company Overview
ARIVE was founded in the heart of Paris during the COVID-19 pandemic. The company specialized in delivering a wide range of products, including sneakers, cosmetics, and lifestyle items, within a matter of hours. The focus was on providing convenience, speed, reliability, and sustainability in urban retail environments.
Operations and Markets
ARIVE operated in several major European cities such as Berlin, Munich, Hamburg, Dusseldorf, Frankfurt, and Paris. These operations were supported by partnerships with over 500 brands and 200 local stores to ensure a diverse and comprehensive product offering for their customers.
Funding and Investment
ARIVE successfully raised 31.7 million Euros from reputable investors including Balderton Capital, LaFamiglia, 468 Capital, and Triple Point Capital. This financial backing was instrumental in scaling their operations and expanding their market reach.
Digital and App Integration
ARIVE previously offered an application that enhanced the retail experience by connecting users directly with their platform. The app aimed to provide a seamless and integrated shopping experience, aligning with the company's goals of convenience and speed.
Cease of Operations
In mid-2023, ARIVE ceased its operations in both Germany and France following the sale of the company. This marked the end of their rapid urban delivery services in these key markets, bringing an end to their initial mission of revolutionizing urban retail.