The round was led by Valor Siren Ventures and distributed in two parts, first USD 7.5 million in 2020, followed by an extension of USD 5 million that closed recently. It takes Browze’s total funding to date to USD 13.5 million.
Company representatives have stated that the cross border ecommerce market is expected to reach USD 4.8 trillion by 2026, up from USD 780 billion in 2019. Browze works with manufacturers to ship products straight from the factory to consumers and currently serves customers in the US and Europe.
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