Led · Series C · May 2022

Byrd operates an asset-light, software-led fulfillment network that offers virtual warehousing (colocation), delivery services and proprietary warehouse-management software to e-commerce merchants. The company currently covers seven countries—U.K., France, Germany, the Netherlands, Austria, Italy and Spain—with plans to launch in Sweden, Denmark and Poland later this year, targeting 30 warehouse locations across 10 countries. Byrd’s platform helps merchants connect, manage and analyze shipments and returns across channels and already fulfills a significant volume of Amazon orders for customers. The startup emphasizes flexibility for retailers that sell through multiple channels and aims to provide fast-shipping and returns capabilities that compete with marketplace-driven offerings. Founders include CEO Alexander Leichter (co-founder) and co-founders Sebastian Mach and Petra Dobrocka (CCO); the company was originally founded in Vienna and is now based in Berlin. Byrd plans to use new funding to expand its network, broaden services and build operations in new verticals such as apparel. Byrd provides software to manage warehouses and logistics and runs a service that helps online merchants receive, store, pick and deliver orders via a network of fulfillment centers. The company offers APIs to integrate merchants' storefronts and marketplaces and taps shipping partners such as UPS, DHL, Amazon and postNL to route orders. Byrd also enables customizable packaging and options for more sustainable delivery so brands can preserve their customer experience. Founded in Vienna, Austria in 2016, it is active in the UK, Germany, the Netherlands and France, operating some 15 fulfillment centers and serving roughly 200 customers. Revenues are up 300% year-over-year and the company handles “hundreds of thousands of parcels per month.” Byrd plans to expand into five additional markets across eastern, northern and southern Europe and will bring B2B capabilities online in the coming months. byrd operates a tech-driven fulfillment platform that integrates with leading e-commerce systems such as Shopify and connects merchants to qualified logistics partners and partner warehouses internationally. The company enables retailers to offer advanced, international shipping options without building their own logistics network. Founded in 2016 and based in Berlin and Vienna, byrd runs fulfillment locations in Germany and Austria, operates in the UK, and plans new locations in the Netherlands and France. It currently ships 10,000 orders per day from more than 10 warehouses and manages storage capacities of more than 500,000 square meters. The company has 60 employees and intends to use new funds to expand its virtual warehouse network to let retailers in eight markets ship worldwide by the end of the year. Total funding has reached more than €9m following the latest round. byrd provides an iOS app that lets private and business customers photograph an item, request a courier pickup (€4.90 per pickup), and have the item packaged and shipped at the lowest available price. The service handles the first mile by collecting unpackaged items, bringing them to a warehouse for packaging, and placing them into the logistics cycle. The startup completed a test phase for businesses and is already shipping a four-digit number of parcels per month. The app initially launched in inner Vienna (districts 1–9, 20) with city-wide expansion and expansion into other cities underway, including plans to expand into Germany. Founded in 2016, byrd was part of the TUW i²nkubator and emphasizes speeding up and simplifying shipping through technology.

Led · Series A · Aug 2021

Parcel Perform provides merchants with a SaaS platform that connects e-commerce businesses to carriers, offering end-to-end shipment tracking, multilingual tracking pages, authentication systems, and post-checkout engagement tools. The platform integrates with over 700 carriers and executes more than 100 million parcel updates each day while supporting 30+ languages. Customers such as Nespresso use Parcel Perform for logistics data and customer-support tooling. The company says businesses on its platform have increased customer lifetime value by up to 40% and it leverages an AI stack to predict delivery timings. Parcel Perform is already profitable and has grown revenue fivefold since the onset of the pandemic. It plans to scale further in Asia and Europe, open a regional office in North America, and increase headcount.

Participated · Series E · Jun 2021

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.

Led · Series A · Feb 2021

ReverseLogix offers a modular SaaS platform to manage, plan and execute end-to-end reverse logistics for e-commerce-focused companies, logistics providers and manufacturers. Its platform includes distinct modules for returns initiation, returns processing, repair management, warehouse management and inventory optimization. Customers include FedEx, Electrolux, Cole Haan, BNSF Logistics, Amer Sports, Samsonite and Tumi. The company is led by founder and CEO Gaurav Saran. ReverseLogix raised $20M in a Series A from Cambridge Capital and intends to use the funds to enhance its capabilities and resources. As part of the investment, Cambridge Capital partners Benjamin Gordon and Matt Smalley joined ReverseLogix’s board of directors.

Led · Series B · Jul 2020

Liftit provides scheduled trucking delivery services that integrate with shippers' systems to plan trucks, optimize routes and reduce delivery times. The platform focuses on scheduled shipments rather than on-demand work—less than 1% of deliveries come from on-demand orders—and targets efficiencies for independent truck owners across Latin America. During the COVID-19 pandemic the company had 220 contracts with shippers; about half went to zero while the other half spiked, with new business such as Walmart increasing usage. Liftit is already profitable in Chile and Colombia and expects to reach profitability across all operations before the end of the year. The company says it is focusing on the five countries where it already operates and is expanding in Brazil, Mexico, Chile and Ecuador, and has recently hired heads of operations for Mexico and Brazil. That regional expansion aims to capitalize on increased demand and operational traction driven by pandemic-related shifts in logistics.