Deliverr has raised USD 40 million in a new funding round, bringing its total raised to USD 70 million.
The funding round was led by Activant Capital, with other investors that included 8VC, GLP, and Ryan Petersen, founder and CEO of logistics and supply chain software platform Flexport.
Deliverr is a startup that uses data and a network of warehouse partners to strategically position inventory and enable fast ecommerce deliveries for its customers. Through partnerships with owners of warehouses across the country, the startup uses shippers’ data and its own algorithm to determine where to place inventory in unused space in high-demand areas for fast delivery, tapping the warehouses’ own fulfilment capabilities.
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