Background
- Headquartered in Dublin, OOHPod is a smart parcel locker solution designed to address the challenges of the “last mile” of a delivery, providing sustainable infrastructure solutions
- OOHPod offers couriers and consumers an environmentally friendly last mile delivery solution and has a network of c. 100 parcel lockers across Ireland
Process
- DC Advisory was engaged by OOHPod to act as its exclusive corporate finance advisor to provide strategic advice in relation to its Series A fundraise
- DC Advisory worked closely with OOHPod to engage a group of potential investors, with a focus on identifying equity partners who were aligned to the shareholders’ goals and committed to supporting OOHPod’s expansion plans for its parcel locker network
- DC Advisory advised OOHPod on all material interactions with investors and led commercial negotiations
Outcome
- In December 2023, OOHPod successfully raised €5.5m in a Series A fundraise from a syndicate of institutional investors and family offices
- This transaction further showcases DC Advisory’s deep experience in the Logistics and Infrastructure space
“The hard work and dedication shown by Michael Murray and Ben Murphy at DC Advisory to get this deal over the line was immense, and we really appreciate the team going the extra mile to ensure we achieved our goals for this fundraise.”
“The OOHPod team are ambitious for the future of their business and wanted to partner with investors that shared their vison. A carefully managed process achieved the shareholders objectives and builds on the success DC Advisory has had in the logistics and infrastructure sectors”
