HIVED

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Overview

HIVED is an AI-powered, all-electric parcel delivery service based in London, United Kingdom. The company was founded in 2021 by Murvah Iqbal and Mathias Krieger. It has raised substantial funds, including a recent $42 million in Series B funding, to expand its operations across the UK. HIVED is dedicated to transforming parcel delivery services through its innovative technology platform, HIVEDmind, which leverages AI and real-time data to provide efficient, eco-friendly logistics solutions for the e-commerce industry.

Recent Developments

  • July 2025: HIVED announced the successful closure of a $42 million Series B funding round. This round was led by NordicNinja, with participation from other investors including Wex Venture Capital, Marunouchi Innovation Partners, and Elemental Impact. This funding is intended to support the company's expansion into new UK cities and the enhancement of its proprietary technology platform, HIVEDmind.
  • May 2025: HIVED appointed Leo Mulabdić, a former executive from Amazon Shipping, as the new VP of Commercial Strategy & Network. This strategic hire is part of the company's plan to scale its operations and enhance commercial viability.
  • April 2025: The company engaged in a pilot program supported by Elemental Impact, trialing reusable packaging solutions, further emphasizing its commitment to sustainability and innovative logistics.
  • First Quarter 2025: HIVED scaled its operations significantly, planning to cover 80% of the UK over the next two years. This expansion is indicative of their robust growth and strategic targeting of key logistics markets in England.

Company Information

AttributeInformation
Founding Date2021
HeadquartersLondon, United Kingdom
FoundersMurvah Iqbal, Mathias Krieger
RevenueNot publicly disclosed, though reportedly growing 300% year-on-year as of 2024
ProfitsNot publicly disclosed
Key InvestorsNordicNinja, Wex Venture Capital, Planet A, Rocketship VC
IndustryLogistics and Supply Chain, E-commerce
Number of EmployeesOver 120 as of 2025

Early History

HIVED was established in 2021 by Murvah Iqbal and Mathias Krieger, who identified significant inefficiencies in traditional parcel delivery systems that were ill-suited for the rapid expansion of e-commerce. The founders aimed to create a more sustainable and customer-centric delivery model utilizing advanced technology. By integrating AI with a fully electric fleet, HIVED quickly set itself apart as a pioneer in the logistics industry, specifically designed for the demands of modern e-commerce. Their innovative approach allowed them to gain traction quickly, delivering millions of parcels across Greater London within a few years of their inception.

Company Profile and Achievements

HIVED operates a fully integrated logistics network that is uniquely AI-driven and environmentally conscious. Its proprietary platform, HIVEDmind, enables seamless connection across various logistics points, from warehouses to consumers, optimizing every stage of the parcel's journey. The company prides itself on reliability and customer satisfaction.

  • Achievements include a 99% on-time delivery rate, reducing "Where Is My Order?" inquiries by 90% compared to traditional services.
  • The company has delivered over 6.5 million parcels for major brands like John Lewis, Nespresso, and Uniqlo using a 100% electric vehicle fleet.
  • HIVED has been recognized as the highest-rated UK parcel delivery service for its advanced operational strategies and customer service excellence.

Current Operations and Market Position

HIVED is strategically positioning itself as a leader in sustainable logistics within the UK, leveraging its AI-powered platform to redefine parcel delivery standards. The company is focused on national expansion, planning to extend services to major cities like Manchester and Birmingham. Its competitive edge lies in its adaptable delivery zones and deep integration with customer-facing applications that provide real-time tracking, fraud detection, and delivery optimization. As e-commerce continues to flourish, HIVED is poised to capture significant market share.

Conclusion

HIVED is redefining the future of parcel delivery with its innovative approach, prioritizing sustainability and advanced technology. The company is expanding rapidly, with plans to cover most of the UK by 2027. Its commitment to transforming logistics and providing a top-tier delivery experience positions HIVED as a key player in the industry, with the potential to influence sustainable logistics practices worldwide.

References

  1. Tech Funding News
  2. Tech.eu
  3. UK Tech News
  4. Reuters
  5. Sifted
  6. EU Startups