Melbourne startup One Key Access has raised $1m in a pre-seed round as it seeks to tackle the problem of package theft for apartment deliveries.
The startup, co-founded by former Australia Post employees Chanel Costabir and Raymond Ngai, emerged from the Antler program last year.
Antler, who made the initial investment in the startup, again supported the pre-seed round with LauchVic’s new Alice Anderson fund, which supports female founders, with strategic angel investors also backing the increase.
One Key Access launched in Melbourne this month, and the funding is intended to grow their team and expand to other states.
The startup considers itself to be on horseback LogisticsTech and PropTech will give authorized couriers secure access to buildings and package storage to help the last mile delivery industry. One Key Access connects couriers to access control systems and parcel lockers via its cloud platform.
Costabir, CEO of the startup, said that with over 82% of Australian households shop online, package theft is on the rise.
“Our goal at One Key Access is to enable seamless deliveries 24/7. We believe we can best achieve this by being the link between delivery drivers and the whole smart delivery ecosystem,” she said.
A the universal digital key authorizes access to buildings and parcel lockers.
“We’ve created an agnostic solution that streamlines the process for a courier to gain authorized entry into buildings and then easily deliver to a parcel locker or mailroom,” Costabir said.
“The delivery experience today is less than ideal. Delivery drivers are unable to deliver safely to apartment residents when they are not at home, residents must travel to different locations. “other places to pick up their packages and building managers have to deal with stolen packages in the lobby. With One Key Access, all of that friction is removed.
One Key Access already works with a number of delivery companies including major couriers Australia Post, Aramex, Couriers Please and DHL.
Antler Venture Partner Laura Faulconer said she was thrilled to support a team that “worked at the absolute coal face” of a problem.
“By knowing what has gone wrong in the past and taking the pulse of market needs, One Key Access has carved out an exciting niche for itself that will streamline last mile logistics,” she said.
LaunchVic CEO Dr Kate Cornick praised One Key Access as a rising Victorian startup.
“We are proud to invest in One Key Access through LaunchVic’s Alice Anderson Fund to help solve a common problem for thousands of Australian online shoppers,” she said.
“Chanel and Raymond bring their deep business experience to this problem and the capital they have secured will help them refine their product offering and propel their long-term growth – something LaunchVic strives to ensure in all aspects of the Victorian startup industry.”