M8 Syndicate - Preplocal founder Q&A

​Some of our early M8 Syndicate members first invested in Preplocal alongside Emily and I in Oct 2024. 

They've been growing and are ready for the next leap, so this is your opportunity to claim some of our follow-on allocation in their new round, on attractive terms, and with a 2% setup fee discount from us to sweeten the deal.

Hear directly from Mathieu and Sean about their ambitious goals and the great traction they've already achieved. Bring along any questions big. or small you may have, because the M8 Syndicate is a safe space for new angel investors to ask new angel investor questions. We are not Shark Tank.

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Prelocal TL;DR

​If you imagine you’re a small food or beverage producer in Australia trying to get into more retailers without doing all the heavy-lifting of logistics and distribution, Preplocal is the platform that plugs you into that network. And if you’re a retailer wanting a simpler way to source interesting local brands without dealing with dozens of separate suppliers and invoices — Preplocal helps there too.

Some of what we like about this deal:

• ​GMV has almost tripled over the past 12 months, monthly purchasers more than doubled

• ​Partnerships with Happy Green and Foodies show potential for further GMV acceleration

• ​There's AI in this, obviously, but it's also about building a defensible moat through establishing strong, resilient relationships with customers on each side of the marketplace and out-competing the big players on convenience and cost.