Burq
Burq is a technology company.
Financial History
Burq has raised $10.0M across 1 funding round.
Frequently Asked Questions
How much funding has Burq raised?
Burq has raised $10.0M in total across 1 funding round.
Burq is a technology company.
Burq has raised $10.0M across 1 funding round.
Burq has raised $10.0M in total across 1 funding round.
Burq has raised $10.0M in total across 1 funding round.
Burq's investors include Alumni Ventures, General Catalyst, Lightspeed Venture Partners, One Way Ventures, Gokul Rajaram.
Burq is a technology company specializing in last-mile delivery solutions, providing an AI-powered platform that unifies multiple delivery providers, automates workflows, and enables branded customer experiences for businesses across industries like grocery, retail, pharmacy, floral, and meal kits.[1][3][4][5] It serves retailers, startups, multi-location businesses, and franchises by solving the complexities of managing fragmented delivery networks, contracts, and billing, while offering real-time visibility, predictive analytics, and scalability to handle growth or seasonal demands.[1][4] Burq has delivered over $100 million in items nationwide, saved businesses thousands of hours monthly, and boosted customer satisfaction by 72%, with strong growth evidenced by its 2025 "Last Mile Solution Provider of the Year" award from SupplyTech Breakthrough.[4][5]
Burq was co-founded by Salman Habib (CEO) and Shaban Habib, who drew from diverse experiences at global tech companies and startups, including expertise from institutions like Harvard and MIT, to build a platform addressing last-mile delivery pain points.[1][3][5] The idea emerged from observing businesses—retailers, manufacturers, wholesalers, and distributors—struggling with fragmented data, manual workflows, and legacy systems while scaling B2C, B2B, or D2C models, prompting Burq to create a unified, automation-first solution.[2] Early traction came through rapid integrations for startups, nationwide provider access, and cross-industry adaptability, culminating in pivotal milestones like launching innovative features and a refreshed brand in 2025, alongside proven scale with over $100 million in deliveries.[4]
Burq rides the surge in same-day delivery demand, which grew 40% year-over-year, capitalizing on e-commerce expansion and consumer expectations for fast, reliable service amid market forces like operational inefficiencies and coverage gaps.[4][5] Its timing aligns with the shift toward AI-automated logistics in a fragmented supply chain, where businesses face vendor juggling and data silos, positioning Burq as infrastructure that turns delivery into a competitive edge rather than a cost center.[1][2] By enabling scalable, data-driven operations, Burq influences the ecosystem by empowering smaller players to compete with giants, fostering innovation in grocery/retail verticals, and setting standards for branded, insightful delivery experiences.[3][4][5]
Burq is primed to dominate last-mile logistics with its 2025 innovations, nationwide scale, and award-winning platform, potentially expanding into more instantaneous, data-driven delivery as AI and automation evolve.[4][5] Trends like rising D2C models and supply chain digitization will fuel growth, with Burq's focus on customization and analytics likely amplifying its influence on business scalability and customer trust.[1][2] As it transforms delivery challenges into strategic advantages, Burq solidifies its role as the go-to partner for efficient, branded logistics in a high-demand market.[1][5]
Burq has raised $10.0M across 1 funding round. Most recently, it raised $10.0M Series A in May 2024.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| May 1, 2024 | $10.0M Series A | Alumni Ventures, General Catalyst, Lightspeed Venture Partners, One Way Ventures, Gokul Rajaram |