‘Amazon Prime for everybody else’: Deliverr raises $170m
US-based e-commerce fulfilment company, Deliverr, has raised a $170 million Series D led by Coatue with participation from Brookfield Technology Partners, Activant Capital, 8VC and GLP.
This brings its total funding to $240 million.
We’re excited to show you one of our warehouse partner’s Autonomous Mobile Robots in Atlanta!
— Deliverr (@DeliverrInc) March 2, 2021
Learn more about our asset-lite warehouse network that makes 2-day and next-day nation-wide delivery possible:https://t.co/2DVbgGjmNz pic.twitter.com/0VqOoyVvxz
The startup was co-founded by former Symphony Commerce colleagues Harish Abbott and Michael Krakaris in 2017.
It says that it “aims to bring Amazon-like fulfilment capabilities to online retailers of any size, helping them meet the high expectations of today’s shopper and better compete with other retailers”.
“Deliverr is Amazon Prime for everybody else,” says Brookfield Technology Partners’ Managing Partner Josh Raffaelli,. “It’s about empowering merchants with the most important variable in sales, which is speed of delivery.”
Continue reading…