The Rounds, the startup that delivers recurring grocery and household essentials in reusable packaging, announced on Monday its $24 million Series B funding round. The new capital will go toward product development, hiring and expanding the service to additional markets.
Alongside the funding announcement, The Rounds introduced new features for customers, including the ability to make one-time purchases and the flexibility of choosing their delivery day. It also enhanced its AI-powered algorithm to provide smarter predictions on when customer’s products need to be restocked.