GrocerKey Raises Funds to Enhance Digital Capabilities
The e-commerce platform GrocerKey Inc. has secured $2.4 million from 18 private investors in a recent equity round, bringing its total funds raised from investors to $9.5 million
Inc. Magazine Unveils Its First-Ever List of the Midwest’s Fastest-Growing Private Companies
“We’re honored to have GrocerKey listed among so many highly successful fellow Midwest startups and small businesses,” says GrocerKey Founder & CEO Jeremy Neren. “This is a testament to the hard work and sacrifice of our team in addition to the opportunity provided to us by our customers and partners.”
People need food: Why Madison’s GrocerKey thrives during coronavirus
Sometime in early March, work became an endless stream of Zoom conference calls, shopping became panic buying, and the constant flood of Covid-19 news reports gave way to health concerns and economic anxiety. The long stretch of socially-distant days blended from one into the next, making two months feel like a lifetime.
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A period of hypergrowth
Madison-based GrocerKey, which provides e-commerce software and service for grocery stores, is expanding rapidly. “We’re in a period of hypergrowth,” GrocerKey founder and CEO Jeremy Neren said.
Online grocery shopping is the fastest-growing sector in U.S. retail, and a Madison-based startup is along for the ride. GrocerKey provides brick-and-mortar grocery retailers an e-commerce platform that integrates with stores’ existing merchandising, loyalty and point-of-sale technologies.
To make sure regional grocers don’t miss out on today’s technology innovations, a Madison startup is giving them the e-commerce tools they need to let customers shop for groceries on any device, and get items sent right to their home.