Advertisement

Bringg Raises $30 Million As COVID-19 Expands Delivery Volumes

Bringg, a delivery orchestration platform, has raised $30 million in a series D funding round led by Viola Growth. The new investment brings Bringg’s funding total to $83.3 million, which will help the solution provider accelerate its delivery momentum and expand its offerings to both large enterprises and SMBs.

Bringg offers a delivery logistics program that can help retailers manage, measure and track their entire delivery ecosystem, including both in-house and third-party providers. The company has seen a 24% week-over-week increase in delivery volumes across the verticals it serves due to the COVID-19 outbreak.

“Enterprises we’ve spoken to were always aware that a big market shift was coming, but in a matter of only a few weeks that shift has fully arrived and almost everyone has been caught off guard,” said Guy Bloch, CEO of Bringg in a statement. “This latest round is a vote of confidence from some of the leading investors in our industry and an affirmation that the market needs us now more than ever.”

Advertisement

Featured Event

Get free access to tactical tips, invaluable insights, and deep-dive conversations that will help you hone your strategies for Q4 and beyond. That way, you can be sure to be on shoppers’ nice lists this holiday season…and all year long.

Advertisement

Advertisement

Access The Media Kit

Interests:

Access Our Editorial Calendar




If you are downloading this on behalf of a client, please provide the company name and website information below: