Delivery Much Secures $700K Investment

Delivery Much, a Brazilian delivery app franchise network, has announced a Media for Equity (M4E) investment deal worth up to R$4 million from Nexpon, the investment branch of NSC Comunicação. This partnership aims to leverage the media assets of Globo’s affiliate in Santa Catarina to bolster the company’s presence and achieve its goal of over 50 franchisees in the state by 2025.

The startup, which originated 13 years ago as an incubator at the Federal University of Santa Maria (UFSM), relocated its headquarters to Florianópolis in 2018. It is currently operational in 14 states and maintains 16 franchises within Santa Catarina. Co-founder and CEO Pedro Judacheski emphasized the company’s continued commitment to expanding in the interior regions, focusing on a business model that values close partnerships and community presence. Delivery Much seeks franchisees who are eager to open their own businesses and contribute positively to local economies.

This investment marks the fourth financial backing for Delivery Much, following support from Novitá Aceleradora de Investimentos and multiple funding rounds by Stone in 2021. Judacheski notes the strategic importance of accessing credible mass media to strengthen the brand’s footprint in Santa Catarina. The company offers a digital franchise model with a lower initial investment than the market average, starting at R$18,000, promising a swift return on investment. Monthly revenues for franchisees exceed R$200,000, with a projected growth of 30% by 2025. Delivery Much boasts 10,000 registered establishments across Brazil and more than 4 million users.

Nexpon’s general director, Bruno Watte, expressed confidence in the investment, viewing it as a new chapter for NSC Comunicação’s investment arm. Watte highlighted Delivery Much’s robust performance, noting its annual transaction volume of over R$500 million. He emphasized the strategic role of TV and radio media in driving the app’s growth, underlining the media support and marketing expertise NSC brings to the partnership.

Nexpon continues to seek investment opportunities in scalable B2C ventures within Santa Catarina, focusing on franchises and consumer goods sectors.