Omni, the on-demand rental company backed by Ripple, launches outside of San Francisco for the first time with more than 100 local retail partners
On Tuesday Omni, the on-demand rental marketplace, launched in New York and Los Angeles, the first two markets outside of its home city of San Francisco.
Ripple, a cryptocurrency company based in San Francisco, led Omni's $25 million Series B in January 2018.Omni, an on-demand rental company that offers everything from drones to drills, is doing the opposite of what most retail apps do: instead of delivery, it's moving to pickup. "It also allows retailers to participate in this future where people are more intentional about what they purchase and pursue richer experiences," Delk told Business Insider."It's a future where we rent more and own less."Founders Fund made its first alcohol investment. Here's how the 28-year old woman who founded the company is trying to change drinking culture for the better.
Delk also explains that, as a 10-year resident in San Francisco, he understands how important locally-owned businesses are to the health of a neighborhood. He says that in-store pickup will help strengthen connections among neighborhood residents that may not otherwise interact. Omni is initially partnering with local businesses that have a reputation for excellent customer service, he told Business Insider.
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