Headquartered in Amsterdam and rebranded from Dostavista, Borzo operates a crowdsourced same-day delivery service focused on emerging economies. The company leverages a gig-economy workforce that can deliver via any route, transport, weight or size, and says it has built algorithms to optimize numerous parallel delivery routes based on geography, package contents, couriers and other factors. Founded in 2012, Borzo operates in 10 countries, including Brazil, India, Indonesia, Korea, Malaysia, Mexico, the Philippines, Russia, Turkey and Vietnam. It reports a customer base of 2 million users and 2.5 million couriers, fulfilling over 3 million orders per month. Borzo states its annual gross revenue run rate approaches $150 million. Management says demand for affordable same-day delivery accelerated during the pandemic and the company aims to become one of the top courier delivery companies in each market it operates, emphasizing operational synchronicity and consistent brand perception.

Total raised

$35M

Funding rounds

1

Latest round

Series C

Latest activity

Aug 2021