joniejoy
Date of Foundation
2023

joniejoy

JonieJoy: Streamlining global deliveries by linking shippers and travelers.

The Idea origin story

JonieJoy bridges the global delivery gap by connecting shippers and travelers. Our platform makes international shipping efficient and affordable, targeting individuals and small businesses looking to send items, and travelers eager to earn. Unlike traditional methods, we utilize existing travel routes, thus reducing costs and environmental impact.

The Mission

PitchBob's recommendation: Our vision is to make shipping a seamless part of every journey. Our mission is to connect shippers and travelers for efficient, green global deliveries.

Clients

Our customers are individuals and small businesses requiring global shipping, travelers seeking extra income, expats, students and those in underserved areas.

Problems we solve

Client’s problem

JonieJoy addresses issues of high shipping costs, inefficient delivery times, reliability concerns in various regions, difficult customs procedures and environmental footprint. Our solution also tailors to the needs of those residing in remote areas.

Confirmation of problem

The actuality of the problem is confirmed by escalating global shipping costs, lengthened delivery times and environmental concerns.

Solution

PitchBob's recommendation: JonieJoy connects shippers with travelers for affordable, fast and secure global deliveries. We simplify customs compliance and prioritise eco-friendly practices.

Our technologies

This solution is based on technologies

How it works

At JonieJoy, shippers list package details and we match them to travelers' itineraries. Secure payments and tracking ensure safety.

Value for the client

With JonieJoy, users enjoy affordable, eco-friendly shippping, secure transactions and trusty delivery by optimizing travelers' spare space.

Market and strategy

Market size

10

mln/year

We estimate the market size for which our solution is designed in monetary terms as follows

Market share goal

30

% of the market

Is our goal in the next 3 years

Team

My name’s

Nathanael Odofin

My key role in the product

As a Co-Founder, my key role involves business development which encompasses validation of the business concept, prototyping design, conducting market research, and fundraising activities.

Team size and key members

Our CTO, Victor Odeshile, led technical teams in diverse industries including TnTVirginNoni LTD and P4Groups LLC. He currently spearheads tech at Pinnacle Mutual Consulting.

Competitors

Competitors

Key competitors include Roadie (same-day delivery), Grabr (international shopper-deliverer link), Nimber (P2P route-based deliveries), Shiply (delivery job marketplace) and service providers like Postmates/Uber Connect.

Our Advantages

JonieJoy distinguishes itself through a truly global footprint, AI-enabled customs compliance, cost-effective delivery leveraging travelers' existing routes and eco-friendly operations. Our robust user verification ensures security while flexible payment and insurance options add customer value.

Business model

JonieJoy earns by charging a service fee from each delivery made, plus added revenue with optional insurance and customs compliance services.

Traction

Our startup operates under a registered business name and has an innovative design prototype already in development.

We intend to allocate our raised funds towards completing product development, implementing robust security measures and launching an effective marketing approach. Our goals are to kick-start operations in crucial markets, foster a user base and demonstrate proof of concept. If these aren't met, it will invoke reevaluation of our game plan and potential need for extra funding.

Metrics

Our key metrics include transaction volume, customer acquisition rate, service fee revenue, on-time delivery rate, user retention rate, traveler availability on popular routes, CPA (cost per acquisition), average delivery time,, and claims frequency.

Incorporation

Our company incorporated in

Lagos

Key risks

Our main risks center on issues of trust and security, compliance complexities, traveler reliability, competition from larger firms, scaling challenges while maintaining service quality globally. Alongside these, we also worry about potential legal liabilities as well as the slow adoption rate in our target markets.

Investments

$

5000

We raised investments

Our Investors

Friends and Family

Rising Investments

$

20000000

Currently, we are raising investments

$

5750000

Estimated pre-investment valuation of the company

We’re looking for a co-founders

Having laid out our vision for JonieJoy, we now seek a visionary co-founder who echoes our enthusiasm for transforming global deliveries. As a co-founder, your responsibilities would span across business strategy, operations management, partnership negotiations, team building, and financing rounds. If you have prior entrepreneurial experience or a strong network within the logistics industry, excellent leadership skills, and a passion for green operations, we would love to discuss further. You'll be joining us at an exciting ideation stage, with a key role in shaping the startup's trajectory and sharing its success once we accelerate growth. We believe in the potential our idea holds and are eager to invite someone who'll shoulder this entrepreneurial journey with us, contributing with their unique insights and expertise.

Open positions

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Additional information

Idea