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NEW YORK CITY -  Bond, an e-commerce technology firm that focuses on last-mile delivery, is taking a page out of the book of co-working firm WeWork. The New York City-based start-up scouts out underutilized commercial space in dense city areas to establish “tiny warehouses” for last-mile delivery and is plotting an expansion in New York and two Northeast cities.

Recently, Bond raised $15 million in a funding round to complete its technology infrastructure for the launch of three mobile applications to support the new service targeted toward online retailers, open “tiny warehouses,” which the company calls Nano Distribution Centers and to expand to two additional cities.  Bond plans to open six more NDCs in the New York metro area by March, as well as dozens more throughout the year as it expands into two additional cities by the third quarter of 2020.

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Mariah Brown

Mariah Brown is the New York Bureau Chief and Real Estate Reporter for GlobeSt.com, covering the New York Metro area, Northeast region and national real estate trends. She is responsible for producing multi-media content, including articles, podcasts and video. Before joining the GlobeSt team, she served as a New York Times fellow, reported for the Associated Press in New York and Philadelphia and several other New York City-based outlets.

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