What is Bringg?
Founded in 2012, Bringg operates as a delivery management platform market leader, 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 enhance their delivery capacity, reduce operational costs, and deliver branded customer experiences. Its robust network connects businesses with a diverse range of delivery providers, including internal fleets, 3PLs, carriers, crowdsourced options, and independent gig drivers, enabling flexible and efficient logistics operations.
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 Pereg Ventures, Cambridge Capital, Ituran, Coca-Cola Founders, and Aleph
Series C (2019): $25M supported by Salesforce Ventures, The Coca-Cola Company, Ituran, OG Ventures, Aleph, Siemens Venture Capital, Pereg Ventures, and Cambridge Capital Group
Series D (2020): $30M featuring Viola Growth, O.G. Tech Ventures, GLP, Next47, and Salesforce
Series E (2021): $100M backed by Insight Partners, GLP Capital Partners, and Cambridge Capital
Key Investors in Bringg
Insight Partners
Insight Partners is a private platform focused on supporting leaders within its extensive software portfolio, fostering connections and aiding in scaling operations.
GLP Capital Partners
GLP Capital Partners LP operates within the Financial Services industry, providing investment and financial solutions.
Cambridge Capital
Cambridge Capital is a private equity firm specializing in the supply chain sector, leveraging deep domain expertise to build significant businesses.
What's next for Bringg?
With substantial enterprise-level backing and a recent strategic investment, Bringg is well-positioned for accelerated growth and market penetration. The company's focus on unifying delivery operations and enhancing customer experiences through its technology platform aligns with the increasing demand for agile and efficient logistics solutions. Future developments are likely to center on expanding its network of delivery partners, enhancing platform capabilities with advanced analytics and AI, and further solidifying its leadership in the competitive delivery management space. This strategic financing will enable Bringg to scale its operations, invest in product innovation, and pursue new market opportunities, reinforcing its role as a critical enabler for enterprises managing complex delivery ecosystems.
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