Tag: Deliverr Series Coatue 240msternlichtforbes

Deliverr Series Coatue 240msternlichtforbes
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Deliverr Series Coatue 240msternlichtforbes

This past year, e-commerce sales saw an unprecedented growth of 44%. While giants such as Amazon and Walmart, with their vast scale and same-day shipping capabilities, dominated the market, Deliverr, a logistics and fulfillment company that expedites shipping without charging consumers more, managed to capture a piece of the pie. Founded in 2014, Deliverr has raised $240 million to date, including a $100 million Series C in 2019, led by Coatue Management. With this latest round of funding, Deliverr is now valued at $1.2 billion. What is Deliverr? Deliverr is a logistics and fulfillment company that expedites shipping without charging consumers more. The company partners with thousands of retailers and brands, such as Macy's, Target, and Best Buy, to provide two-day or next-day shi...