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§ Private Profile · New York City, NY, USA
Ultrafast grocery delivery service offering 15-minute delivery with no minimum spend for urban consumers, focused on everyday groceries and essentials.
Buyk was a New York City-based ultrafast grocery delivery service that provided 15-minute fulfillment of everyday essentials and private-label products through a dense network of small hyperlocal warehouses. The company operated without delivery fees or minimum spend requirements, generating revenue primarily through retail product margins and proprietary inventory management technology designed to minimize food spoilage. Backed by $46 million in seed funding from lead investors including CM Ventures, Fort Ross, and Citius, the platform competed directly for urban consumers against delivery startups like Gorillas and Jokr. Following a severe disruption in its international capital supply chain, the enterprise ceased its delivery operations and officially filed for bankruptcy protection in March 2022, listing both corporate assets and liabilities of up to $10 million. Buyk was originally founded in 2021 by co-founders Slava Bocharov and Rodion Shishkov.
Buyk has raised $46.0M across 1 funding round.
Buyk has raised $46.0M in total across 1 funding round.
Buyk has raised $46.0M in total across 1 funding round.
Buyk's investors include CM Ventures.
Buyk is a technology-driven ultrafast grocery delivery company that promises to deliver groceries and essential items to customers’ doorsteps within 15 minutes, with no minimum order or delivery fee. It operates through a network of strategically located dark stores—small, customer-inaccessible fulfillment centers stocked with 2,000 to 3,000 SKUs—optimized by proprietary technology for rapid order picking and delivery. Buyk serves urban customers seeking convenience and speed, primarily in major U.S. cities like New York and Chicago, addressing the problem of slow grocery delivery and limited local assortment customization. The company leverages hyperlocal data to tailor each dark store’s inventory to the specific tastes and demands of its neighborhood, enhancing customer satisfaction and operational efficiency. Buyk has demonstrated strong growth momentum, expanding rapidly from New York City to Chicago and planning further U.S. metro area expansions[1][2][4][6].
Buyk was founded by Slava Bocharov and Rodion Shishkov, who previously co-founded and ran Samokat, a leading ultrafast grocery delivery service in Russia that successfully launched over 800 dark stores in two years. Their experience with Samokat, including developing a mature technology platform since 2018, laid the foundation for Buyk’s entry into the U.S. market. The idea emerged from their vision to revolutionize grocery shopping by combining technology, hyperlocal inventory management, and rapid delivery to meet urban consumers’ needs. Early traction came from leveraging the proven Samokat technology stack and operational expertise, enabling Buyk to scale quickly and compete effectively in the U.S. market[1][3][4][5].
Buyk rides the growing trend of ultrafast, on-demand delivery services fueled by urbanization, consumer demand for convenience, and advances in logistics technology. The timing is favorable due to increasing consumer expectations for speed and personalization in grocery shopping, accelerated by pandemic-driven shifts toward online grocery. Market forces such as urban density, advances in micro-fulfillment, and improvements in routing algorithms support Buyk’s model. By combining hyperlocal inventory management with rapid delivery, Buyk influences the broader ecosystem by setting new standards for grocery convenience and operational efficiency, pushing competitors to innovate in technology and fulfillment strategies[1][3][4][5].
Buyk is poised for continued expansion across major U.S. metropolitan areas, leveraging its proven technology and operational expertise to capture market share in the competitive ultrafast grocery delivery space. Future trends shaping its journey include further advances in AI-driven inventory and delivery optimization, increased consumer demand for sustainability, and potential development of private label products. As Buyk scales, its influence may extend beyond grocery delivery, potentially shaping urban logistics and real-time retail models. Its focus on hyperlocality and technology-driven efficiency positions it well to remain a key player in the evolving convenience economy[4][6].
Buyk has raised $46.0M across 1 funding round. Most recently, it raised $46.0M Seed in June 2021.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jun 1, 2021 | $46M Seed | — | CM Ventures | Announced |