The three founders Takis (Greece), Gregor (Austria) and Christian (Germany) meet at University of Warwick while doing their Masters Degrees in Innovation & Entrepreneurship.
We get interested in the online grocery industry and write our MSc dissertations on improving its broken supply chains. Combined we submit over 60,000 words of academic analysis.
Straight after graduation we get part time jobs at the Uni and start mocking up the first version of Home Run working on evenings and weekends.
Finally, after working for a couple of months we launch Home Run. By that time we are operating a click and collect model: the customer orders groceries online, and we shop and deliver them to our refrigerated Home Run Grocery lockers. We don’t have any money so we do all the shopping and delivery ourselves with a bicycle trailer.
More stores are added, we’re growing 40% MoM and we are booked out almost every day.
Our good numbers get us an invitation to YCombinator - the No1 Startup incubator in the world. We fly to San Francisco and meet with incredible people, including the creator of Gmail. Unfortunately, we don’t make it into the program, but after all no reason to stop - now more than ever.
We max out our private funds and build more lockers to place at more locations. Over the course of the next months, we realise they work best in apartment buildings.
Home Run is doing well, we secure partnerships with property management companies to install our lockers, however something doesn’t feel right anymore: we realise lockers are too expensive and property management companies take too long to make final decisions. We can’t scale fast and therefore we pivot.
We modify our existing platform, buy a 11-year old Toyota Yaris and start delivering door-to-door. Things start picking up again.
The Greek fund VentureFriends takes a risk and agrees to invest a small pre-seed amount for Home Run to start in London. We go full risk and leave Warwick: the funding reaches our bank account while we are on the motorway to London.
One week after moving to London we are up and running and delivering the first orders. We still do everything ourselves from picking to packing and delivering.
The first store on Home Run’s platform is Waitrose, one of UKs leading supermarkets.
Three months in, we open up another store for our customers: the premium retailer Whole Foods Market.
After 3.5 months in London and two years in total we finally hire our first employee to shop and deliver orders.
We cold-email the CEO of Marks & Spencer and after months of intense hustling, we manage to get a trial running with one of the UK’s oldest and largest grocery players. Home Run is the first company in history to bring Marks & Spencer online. Prior to that we photographed over 4000 products in the basement of one of their stores, to create an online product database which didn’t exist before.
We are now getting noticed by many companies and the largest online grocers in the world, Tesco, decides to partner with us and start exploring a same-day delivery offering for their customers. Now we’re cooking! Customers have now four stores to choose from for a speedy 1-hour delivery.
One of the most prominent funds in London decides to lead our seed round. An exhausting fundraise lies behind us, but the real work is yet to come. We’re pumped and super motivated.
We now fulfil hundreds of orders per week, have dozens of drivers, cover 20,000 postcodes and work with four out of six leading supermarkets for their same day delivery offering. Everyone wants to explore more and our mission is to crack some really hard nuts and grow. It’s the time to do some homework and then take the market by storm!
After months of long hours and late nights, we’re thrilled to be able to launch our iOS app! It’s now available to buy on the App Store, so if you haven’t already, go and check it out! Ordering your groceries just got even easier!
We have officially rolled out our re-brand! We are no longer Convibo… but now, Home Run! With sunny yellow as our theme colour and the pineapple as our logomark, we’re now strutting our stuff across social media, our website and app and anywhere else where we have a presence. For more information about our decision to re-brand take a look at our blog post here.
That’s it, now we need you!
We are searching for true A players that will help us shape the the next decade of this fast growing industry.