18 Jan 2018

Globes: Israeli delivery logistics co Bringg raises $12m

Bringg’s delivery logistics platform is used by leading retail, ecommerce, food, services and logistics providers in over 50 countries.

Israeli delivery logistics platform for enterprises Bringg announced today that it has $12 million in funding from strategic partners, bringing its Series B investment total to $22 million. The current $12 million round includes automotive leader Dr. Shmuel Harlap, shipping and real estate magnate Eyal Ofer, and Salesforce Ventures. The company received earlier investments from Aleph VC, Cambridge Capital, Coca-Cola, Ituran and Pereg Ventures.

Bringg’s delivery logistics platform is used by leading retail, ecommerce, food, services and logistics providers in over 50 countries, including some of the world’s best-known brands such as Coca-Cola, Kimberly Clark, Panera Bread, Cdiscount and Hilti. With offices in Chicago, New York and Tel Aviv, the company plans to leverage the funding to address the growing demand for its solution by increasing its international reach and expanding teams across the company.

Customer demand for more convenient, faster and affordable deliveries is putting an unprecedented amount of pressure on companies. Bringg’s technology enables customers to digitize their entire supply chain – creating a competitive delivery ecosystem that focuses on end-to-end operational efficiency and perfect customer experiences.

Bringg was founded in 2013 by CEO Raanan Cohen and CTO Lior Sion.

Read more here: http://www.globes.co.il/en/article-israeli-delivery-logistics-co-bringg-raises-12m-1001219832

Watch Bringg CEO’s talk at Innovate Israel 2017