Deliverr provides fulfillment services to e-commerce merchants on marketplaces including Shopify, Walmart, Amazon, eBay and Target, using predictive analytics to anticipate demand and preposition items close to customers. The company operates a network of more than 80 warehouses, cross-docks and sort centers and reports that half of the U.S. population lives within 100 miles of its network. Deliverr says its merchants have grown 90% year-over-year and the company is poised to power over $2.5 billion in gross merchandise value by the end of the year. It has doubled the size of its team and opened offices around the world while expanding its warehouse and carrier network to provide one-day fulfillment to the largest metro areas. Management plans to use new capital to improve technology and product development, hire more employees, expand next-day capabilities and build new services such as returns, prep, LOT tracking and temperature control. The company says it is positioned to capitalize on elevated e-commerce demand and ongoing global supply chain constraints. Deliverr provides software-driven fulfillment that places goods in third-party warehouses and selects the fastest, lowest-cost delivery method to guarantee two-day delivery to consumers. The company does not own warehouses; it rents space and negotiates evolving commercial arrangements with fulfillment providers. Deliverr is ramping a next-day delivery product to expand its service offering. CEO Michael Krakaris says the business is capital-intensive and benefits from scale, describing the market as winner-take-all. The company started 2020 with 50 employees, added 100 since, and plans to roughly double headcount this year. Deliverr reported rapid growth during the pandemic but also faced operational challenges such as regional COVID shutdowns and supply shortages. Deliverr provides a networked fulfillment service that lets merchants offer two-day (and a recent next-day) delivery by placing inventory in available warehouse space and integrating with those warehouses' Warehouse Management Systems. The company uses inbound and outbound algorithms to optimize where inventory is stored and the fastest, cheapest carrier for each order. Deliverr maintains relationships with national and regional carriers and a nationwide network of warehouses, leveraging unused warehouse capacity rather than owning real estate or trucks. The platform integrates with marketplaces (including Amazon and Walmart) and merchants' own sites to enable Prime-like delivery offers. Deliverr launched in 2017 and serves thousands of merchants with about 60 employees. It reports a fulfillment success rate of over 95%. Deliverr is a one-year-old San Francisco-based startup that helps e-commerce businesses offer rapid delivery experiences. Its core product uses machine learning and predictive intelligence to determine which warehouses should store clients' goods and to place inventory across typically three to five locations. Deliverr operates out of more than 10 warehouses in Texas, Missouri, Pennsylvania, Ohio and New Jersey, among other states, while not owning the warehouses themselves. The company describes its strategy as an "Uber for fulfillment," filling excess warehouse capacity and using brand-neutral packaging to serve multiple marketplaces. Deliverr has raised a $7.1M Series A led by 8VC with participation from Zola founder Shan-Lyn Ma, Flexport CEO Ryan Peterson and others. The company plans to use the investment to scale its team and ink partnerships with additional online retailers.

Total raised

$467M

Funding rounds

5

Latest round

Series E

Latest activity

Nov 2021