Founded in 2009, AnyVan is one of the pioneers in the logistics market, leveraging technology and a network of over 3,000 transport providers, to offer a unified platform for delivery services to both consumers and businesses. With over 2 million consumer bookings to date, and business customers ranging from Fortune 500 and FTSE100 companies to start-ups, its proprietary technology seamlessly delivers real-time pricing with route and allocation optimisation that reduces the distance travelled and cost to fulfil, thereby helping achieve AnyVan’s ongoing effort to reduce carbon emissions.
Vitruvian’s investment will help support AnyVan through the next phase of growth, and to continue its track record of investing into and deploying industry-leading technology, to disrupt the highly fragmented and inefficient transportation market in the UK and Europe.
Angus Elphinstone, CEO and founder of AnyVan said: “We are delighted to be partnering with Vitruvian who has an exemplary track record in building platforms into unicorns. They will bring their experience with companies including Skyscanner, Farfetch, Trustpilot and Just Eat. We are now primed and funded to continue to accelerate our expansion rapidly across Europe. We chose to work with GP Bullhound because they are the leading global dealmaker in the tech sector, and they delivered exactly the deal we wanted. Partnering with them was one of the best decisions we made.”
Claudio Alvarez, Partner, GP Bullhound commented: “AnyVan is redefining the logistics sector with its real-time pricing and route optimisation platform which is pushing forward efficiencies in a market ripe for transformation. With Vitruvian’s investment and track record of scaling platforms, we expect big things from the team in the future.”
This transaction is further testament to GP Bullhound’s deep domain expertise in digital commerce, including the acquisition of Lola Market by Glovo, the investment in Lingoda by Summit Partners, and the acquisition of Baltic Classifieds Group by Apax Partners, among many others.
About GP Bullhound
GP Bullhound is a leading technology advisory and investment firm, providing transaction advice and capital to the world’s best entrepreneurs and founders. Founded in 1999 in London and Menlo Park, the firm today has 10 offices spanning Europe, the US and Asia. For more information, please visit www.gpbullhound.com.