Invest in Move (YC W17): The First Community-Owned Digital Retailer | Wefunder
min $250
A Future Equity Agreement (SAFE) gives you the right to future shares in the company. If you invest, you're betting the company will be worth more than $40M eventually
We’ve spent years rethinking every part of the retail supply chain— from production to delivery. We started with fundamental questions about how everyday products are made and sold and we reconfigured and improved every piece
What if we didn’t sell everything? Instead, what if we sold only the most exciting and essential staples and cut out the rest?
At Move, we carry only the best version of every product and we sell only one brand— our own. As result, and our products move fast — getting made and going out of stock within weeks, not months. our members spend twice the amount every year that an Amazon customer does
Our approach of selling on premium staples to an eager audience allows us to launch products quickly. We launch a new, crowd favorite product every Sunday, often selling out in minutes
In the last 90 days, we've launched 40 award-winning products. We're using this Wefunder campaign to launch our first non-grocery category. Better yet, backers in this campaign will select what that category is. Current top contender — Wine
What if we worked only with the best producers?
We spend months searching for incredible creators for every product we sell and we work with 5% of the folks that apply
As a result of that process, today , from Michelin-starred chefs to celebrity bakers and decorated creameries, ranchers, farmers and artisans. we work with over 50 award-winning producers
As we move into new categories, we're partnering with renowned craftsmen and creators from around the World, from legendary designers in Japan, to American Apothecaries and Italian artists
What if we paid everyone fairly and showed you exactly how much money everyone was making?
Producers make 50% more with Move than they do with other supermarkets. Our warehouse workers make twice the federal minimum wage
And best of all, we publish the exact supply chain breakdown behind every product we sell, showing our members exactly where their money goes
What if shopping for groceries took less than 5 minutes?
We cut out the brands and dozens of options and replace them with We cut out the long waits, the checkout lines and the heavy bags with Finally, we cut out the back-and-forth chaos of grocery delivery apps, with one brand of incredible products. free nationwide shipping. one fast and simple mobile app
We grew by 122% in February — we're doubling monthly. March mark our 10th straight month of 20% plus organic growth (not created through marketing expense)
Memberships sold out in 30 minutes. Thrice. In the last 60 days, we've done 3 membership drops, allowing waitlisted users to buy a membership for a short time. Each of those drops sold out in 30 minutes or less. Further, we still have a waitlist of over 130K users. By investing in this campaign, you also get a year or more of free membership
What if we could trace every hand that a product touched and control every room that that product entered? What if you could change the basic structure of a distribution center to be inherently socially distanced?
, minutes away from major cities. We limit the number of members in the store, work with hyperlocal producers, manufacture in small but frequent batches and only repeat products if our members ask for them. We operate our own socially-distanced distribution centers
As a result, our supply chain today is more responsive and robust than any that of any digital supermarket. Throughout the pandemic, as retailers have slowed their deliveries down, we've sped ours up and as products in other supermarkets have gone out of stock, we've brought ours back in stock
What if customers picked what we sell?
The Move store is open only to our 5,000+ members nationwide. And our members get a lot more than our groceries — they pick which products we sell and which producers we work with. We call it "Grocery-by-democracy" and it is at the heart of our entire sourcing process
What if we instead of trying to be the "everything" store, we made an "everyone" store? What if everyone, starting with the producers to our members, owned a piece of Move?
With this campaign, we're building America's first community-owned digital retailer. With it, we're building a a radically more efficient and ethical supply chain— where every participant has a stake in our success and has a part to play in it
Through our model, producers are incentivized to make better products for lower markups, distribution workers are inspired to be more thoughtful and protective of our orders and members are motivated to buy primarily from Move (a company that they all own)
By backing this campaign, you get both a membership and an ownership stake in Move. If we do well, so do you
You should invest in this campaign if you believe in the vision and want to be a part of our success
We currently have a waitlist of 130,000. This campaign will be the first and only time in 2020 that we will accept new members who are not on our waitlist
If you are only interested in getting a membership, you should join our waitlist and look out for our next Membership drop
Wefunder means Wefunder Inc and its wholly owned subsidiaries: Wefunder Advisors LLC and Wefunder Portal LLC. This page is hosted by Wefunder Portal LLC
Move (YC W17) is testing the waters to evaluate investor interest. No money or other consideration is being solicited; if sent, it will not be accepted. No offer to buy securities will be accepted. No part of the purchase price will be received until a Form C is filed and, then, only through Wefunder. Any indication of interest has no obligation or commitment of any kind