Overview
Product Description
Townrush was an on-demand delivery platform that enabled anyone to get local goods delivered in a city within hours. Its novel platform connected merchants and customers to local logistics service providers, who picked up and deliver products anywhere within the city.
Quick Stats
2015
Started in
2015
Closed in
2-10
Employee (s)
None/Undisclosed
Total Raised
Why did Townrush fail?
Answers - 1
Aaron Kazah
written on Feb. 5, 2017
Ran Out Of Cash
According to multiple sources, Townrush ran out of money and was unable to pay employee salaries for three months. They were later acquired by Grofers
Investors - 1
Funding Rounds - 1
All sources for funding rounds
- https://www.crunchbase.com/organization/townrush/funding-rounds
Seed - Unknown Amount
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