What is Bringg?
Founded in 2012, Bringg operates as the market-leading delivery management platform, serving a global customer base. The company's open SaaS platform is designed to unify last-mile delivery, fulfillment, and returns. Bringg empowers enterprises to effectively manage and expand their delivery capacity, reduce operational costs, and enhance customer experiences through branded delivery options. Its robust network connects businesses with a diverse range of delivery providers, including internal fleets, third-party logistics (3PL) partners, carriers, crowdsourced fleets, and independent gig drivers, enabling them to offer any delivery option to their customers.
How much funding has Bringg raised?
Bringg has raised a total of $172M across 5 funding rounds:
Series A
$5M
Series B
$12M
Series C
$25M
Series D
$30M
Series E
$100M
Series A (2015): $5M, investors not publicly disclosed
Series B (2018): $12M led by Aleph, Coca-Cola Founders, Cambridge Capital, Ituran, and Pereg Ventures
Series C (2019): $25M supported by Siemens Venture Capital, Cambridge Capital Group, Salesforce Ventures, The Coca-Cola Company, Pereg Ventures, Aleph, Ituran, and OG Ventures
Series D (2020): $30M featuring Viola Growth, O.G. Tech Ventures, Salesforce, Next47, and GLP
Series E (2021): $100M backed by Insight Partners, GLP Capital Partners, and Cambridge Capital
Key Investors in Bringg
Insight Partners
Insight Partners is a prominent venture capital firm known for its focus on scaling software companies. Their involvement suggests a strategic interest in Bringg's growth and market leadership.
GLP Capital Partners
GLP Capital Partners LP operates within the Financial Services industry, indicating a strong financial backing and strategic investment focus in Bringg's expansion.
Cambridge Capital
Cambridge Capital is a private equity firm specializing in the supply chain sector, bringing deep domain expertise and strategic insights to Bringg's logistics and delivery management operations.
What's next for Bringg?
The substantial enterprise-level funding and recent strategic investment indicate Bringg is poised for aggressive scaling and market expansion. This capital infusion will likely fuel further platform development, enhance its technological capabilities in logistics and supply chain optimization, and broaden its global reach. Expect Bringg to solidify its leadership in the delivery management space by forging new strategic partnerships and potentially acquiring complementary technologies to further its mission of providing seamless, branded delivery experiences for enterprises worldwide.
See full Bringg company page
