Bringg builds software to help retailers manage last-mile logistics, providing tools and access to delivery networks for fulfillment. The company reported 180% growth in new customers over the past year and counts customers including Walmart, Albertsons, Co-Op (U.K.), Coca-Cola and Panera. Bringg says it has amassed a connected network of millions of drivers that customers can tap to supplement in‑house fulfillment. The $100M Series E, which values the company at $1 billion, will be used to grow Bringg’s customer base, expand product capabilities and likely pursue acquisitions to consolidate logistics and fulfillment links. Product roadmap items include expanding beyond the last mile into the middle mile, more in‑store delivery options, greener bundled deliveries and tighter integrations with partners such as Salesforce. CEO Guy Bloch said the company aims to perfect the customer experience and is focused on building a lasting, independent company. Bringg provides an end-to-end delivery logistics platform used by customers including Walmart, McDonald’s and Coca‑Cola, offering tools to mobilize and manage in-house and third‑party fleets. Its product set includes AI-based routing and inventory‑sync tools to optimize last‑mile delivery and integrate with online ordering platforms. The company recently launched BringgNow to serve small and medium businesses that need to mobilize their own or third‑party delivery fleets. Bringg works across retailers, restaurants, grocery stores, large distributors, field service providers and healthcare organizations. Revenues have been rising over the past year and the company reported growth of 24% in a single recent week. Bringg has also provided pro bono support to local governments and nonprofits to help coordinate volunteer delivery efforts during the COVID‑19 crisis. Bringg provides a delivery logistics platform that enables retailers, restaurant chains and third-party couriers to orchestrate last-mile operations. Its product optimizes driver schedules, automates dispatch, sends smart alerts, and supports click-and-collect, crowdsourced fleets and returns management. Customers cited in the article include Walmart, McDonald's and DoorDash. Bringg is active in 50 markets and plans to use new funding to expand into more. The company is co-headquartered in Chicago and Tel Aviv. Financially, Bringg raised $25M in the reported Series C and has raised $53M to date. Bringg offers a delivery logistics platform that gives retailers and enterprises Amazon‑ or Uber‑like visibility into delivery operations, including driver tracking on a map, delivery notifications, driver‑to‑customer communications and rating tools. The product is used across retail, e‑commerce, food, services and logistics, and the company counts customers in over 50 countries including Coca‑Cola, Kimberly‑Clark, Panera Bread, Cdiscount and Hilti. Bringg has expanded from a few large clients to over 30 projects in various phases of roll‑out and has doubled its headcount from under 30 to over 60, with plans to hire 60 more in Tel Aviv, Chicago and New York. The company is not yet profitable but is generating revenues in the millions, and signs annual contracts that often range in the six‑ to seven‑figure band. With strategic investors onboard, Bringg aims to enter new verticals (for example automotive and freight) and is working on customer projects such as Coca‑Cola’s direct‑to‑consumer service that has not yet launched. The founders are Raanan Cohen and Lior Sion; the company was founded in 2013 and operates out of Chicago and Tel Aviv. Bringg provides a customer-centric logistics platform for enterprises to streamline the delivery of goods and services, creating operational efficiencies and improved customer experiences. The open platform offers a set of APIs and SDKs that customers can use to customize the solution and integrate it with existing systems. Bringg serves retail, ecommerce, CPG, food and 3PL/4PL customers in more than 50 countries, including some of the world’s leading brands. Led by Co‑Founder & CEO Raanan Cohen, the company plans to use new funding to grow marketing and sales presence in existing and new markets and to expand its R&D, success and support teams. Bringg is based in NYC, Chicago and Tel Aviv.

Total raised

$185M

Funding rounds

7

Latest round

Series E

Latest activity

Jun 2021