INVESTORS
We are changing the last mile paradigm to achieve
Zero Environmental Impact
The only Italian Start up selected from "Green Last Mile Report 2022"
LESS is a social impact tech startup (Startup Innovativa a Vocazione Sociale or SIAVS) which develops new technologies, solutions, and tools to redefine how last mile delivery works for express couriers with the goal of zero impact
The mission of LESS is to slash the environmental impact of express transport in last mile deliveries to B2C users.
Equity investment: Commit to investment and participate to the social governance:
• Impact Investors
• Business Angels
• Philantropic Funds
Logistics Companies, CEP: Channel volumes of stuff to deliver to the PUDO and Microdelivery network. Integrate or extend existing networks
OEM Network Partners: Other player wanting to startup a new network, at a local or national level, interconnected with the other networks
Founders seed:
700.000
2 Investments
300.000
Paid:
300.000
Target
1.500.000
Stock Slot
75.000
Pre-Money
7.500.000
Days left
420
Conceived in 2019, LESS was born from an encounter of three skilled creators and founders: Fabio Pietrosanti, Andrea Cocito, and Elma Pietrosanti.
LESS is an innovative start-up with a social vocation – a non-profit initiative with communities’ best interest at its heart: to change the rules for the right to transparency on the environmental impact of e-commerce and transport.
LESS intends to produce a long-term social impact with permanent results, which begin with analysis, change in processes, and micro-delivery, then in the economic system of distribution with PUDO collection points, and finally, a change in the behavior of the recipients by helping them become aware of the opportunity to contribute to the vision: reduce the environmental impact generated in the last mile of transport reaching private consumers” (B2C: business to consumer).
LESS’ primary objective is to demonstrate to the recipients the effect of their choices in terms of CO2 saved with concrete and measurable outcomes.
“LESS stops”, “LESS miles”, “LESS vans”, “leading to LESS pollution”, “LESS traffic”, “LESS carbon”, “LESS costs.
The transformation of goods distribution has changed the way last-mile delivery operations take place.
This fragmentation is causing a dramatic environmental impact: +35% urban traffic by 2025*. From a few B2B pallets/cartons delivered to a few shops, now a huge number of parcels are delivered to single B2C final consumers. Stakeholders of the e-commerce supply chain must adapt to this change, managing it before being forced to do so.
- Equity: Commit to investment and participate to the Social Governance
- Technology Partners: Contribute as stakeholder in the Opensource software development, either for LESS or for custom uses
- Logistics Companies: Channel volumes of stuff to deliver to the PUDO and Microdelivery network. Integrate or extend existing networks
- OEM Network Partners: Other player wanting to startup a new network, at a local or national level, interconnected with the other networks
What is our Vision? “Reduce the environmental impact generated in the last mile of transport reaching private consumers” (B2C: business to consumer)
Our areas of focus are centered on a series of incremental projects, which are operationally quickly implementable, scalable, and easily integrable within the organizational fabric of the territory. The common feature of these projects is the reduction of environmental impact. From the implementation of each individual process follows a chain of both environmental and economic savings.
- New technologies
- Diversification
- Economic and social development
- Zero Environmental Impact
TECHNOLOGICAL SOLUTIONS
- Projects and tools that support the environment and that incentivizes visibility and report measurable effects
- Development of structural and behavioral projects, and policies for environmental sustainable e-commerce
- Research, analysis, and development of regulatory policies to reduce environmental impact in the e-commerce supply chain
- Incentivization of the local microeconomy, promotion of local businesses, creation of hyper-local job opportunities
- A Network of Proximity Pickup and Micro Delivery Points
- An independent network of PUDO (Pick-Up and Drop-off)
- The QuiGreen App (Android/iOs)
- Intermediated PUDO Marketplace
- Extend to MicroDelivery integrated Service
Team LESS:
Target Fundraising (equity, this round): €1.200.000.
Investments from founders: €700.000 (€200.000 money, €500.000 contributions).
Stock capital already gathered: €300.000 (€50.000 business angel, €250.000 early investor).
Investment packages: €75.000 each.
Company equity: 1% per each investment package.
Total equity distributed post round: 23% (2% business angel, 5% early investor, 16% current round).
Exit ROI (exit valuation €15M at year 3): +100%.
We are changing the last mile paradigm to achieve
Zero Environmental Impact
The information on the offer is not subject to approval by Consob. The Offering company is solely responsible for the completeness and truthfulness of the data and information provided by the latter. The investor’s attention is also drawn to the fact that the investment, even indirect, through OICR or companies that invest mainly in financial instruments issued by innovative startups and SMEs is illiquid and characterised by a very high risk.
