10.5 C
London
Friday, March 29, 2024
HomeFinTechBringg: Raises $100M in Series E Funding

Bringg: Raises $100M in Series E Funding

Date:

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

Related stories

UK paytech Volopa partners ClearBank to expand its SME banking services

London-based paytech Volopa has partnered with embedded banking...

Digital identity specialist Signicat acquires Icelandic counterpart SmartWorks

Signicat, a European provider of digital identity solutions,...

BNY Mellon deploys AI supercomputer from Nvidia

BNY Mellon, a US-based banking heavyweight, has deployed...

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories

spot_img