Online Vegan Supermarket First Started Out In 2 Bed Flat – Secures £3.5 Million Investment

TheVeganKind recently moved into a 35,000 sq. ft. warehouse - after originally starting up as a subscription delivery box service...

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Online Vegan Supermarket First Started Out In 2 Bed Flat - Secures £3.5 Million Investment TheVeganKind has witnessed soaring demand over recent years - Media Credit: TheVeganKind

Online vegan supermarket TheVeganKind (TVK) has raised £3.5 million in its latest investment round.

Co-founded by husband and wife Scott and Karris McCulloch, TVK launched as a subscription delivery box service in 2013.

Online vegan supermarket

The couple started out in their two-bedroom flat in Glasgow – but recently moved to their new 35,000 sq. ft. warehouse.

Now, they offer almost 6,000 plant-based products, all available for next-day delivery, and garner a staggering 350,000 visits per month. 

TVK says its mission is to make the ‘vegan lifestyle accessible to all, providing world-class customer service and offering the widest range of products to show how simple it is to live life vegan’. 

‘A monumental day’

In a statement sent to PBN, Co-Founder Scott said: “We’re so proud to announce this monumental day in our history. 

“In Literacy Capital we have found incredible partners and a value-aligned fund which operates with an added charitable mission. 

“Thank you so much to the team at PwC for helping facilitate this deal and guiding us through the process.”

‘A pleasure to work with TheVeganKind’

Glen Waters is the Head of PwC Raise Ventures – who advised TVK during its series A funding from Literacy Capital Plc.

He added: “It has been a pleasure to work with TheVeganKind led by Scott and Karris on this deal. 

“TheVeganKind’s growth story is exceptional given they were bootstrapped up until March 2020 and as a team has continued to demonstrate how capable they are, as they look to take the business to that next level. 

“We look forward to watching them scale and view Literacy Capital as a fantastic and experienced growth partner to help them achieve their ambitions.”

You can visit TheVeganKind’s website here

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