Saturday, December 14, 2024

Bringg: Raises $100M in Series E Funding

Bringg Raises $100M in Series E Funding

  • Bringg, a Chicago, IL-based delivery and fulfillment cloud platform provider, closed a $100m Series E funding round
  • The round, which sets company’s market valuation to $1 billion, was led by Insight Partners
  • The company intends to use the funds to scale the platform through M&A and grow its ecosystem of strategic and technology partners
  • Led by Guy Bloch, CEO, The platform provides enterprises with a cloud data-led platform to scale up and optimize their logistics operations
  • Using Bring’g, retailers and logistics providers can enable innovative delivery and fulfillment models to maximize the customer experience
  • Some of the world’s best-known brands in more than 50 countries use the platform

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