Deliverr, a San Francisco, CA-based e-commerce fulfillment and technology company that provides fast and affordable fulfillment services to e-commerce merchants on marketplace platforms like Shopify, Walmart, Amazon, eBay, Target, and many more, raised $250 million in a Series E fundraising.
The round was led by new investor Tiger Global, existing investors 8VC, Activant, GLP, Brookfield Technology Partners, and Coatue also participated in the round.
This new capital will be used to accelerate commercial operations and expand Deliverr’s next-day fulfillment service to e-commerce merchants of all sizes across the country.
The funding also raises Deliverr’s valuation to $2 billion, more than double the last funding round from earlier this year.
Company: Deliverr Inc.
Raised: $250.0M
Round: Series E
Funding Month: November 2021
Lead Investors: Tiger Global
Additional Investors: 8VC, Activant, GLP, Brookfield Technology Partners, and Coatue
Company Website: https://deliverr.com/
Software Category: eCommerce fulfillment service
About the Company: Deliverr is an E-commerce fulfillment company based in the United States of America. They integrate with eCommerce marketplaces, such as Walmart, eBay, Amazon, Shopify, Wish, and BigCommerce, offering two-day shipping to merchants selling on Walmart's online marketplace, and similar services with other online marketplaces. Deliverr was co-founded in 2017 by Harish Abbott and Michael Krakaris.
Source: https://www.businesswire.com/news/home/20211122005847/en/Deliverr-Announces-250-Million-in-Latest-Fundraising-Round-With-New-Investor-Tiger-Global