News

Zonos raises USD 69 Million Series A round

Thursday 16 September 2021 12:34 CET | News

Zonos, a US-based SaaS provider, has secured USD 69 Million in Series A round led by Silversmith Capital Partners to create trust and transparency in global trade.

The company created the shipping carrier-agnostic cross-border category, which aims to solve problems through technology, not shipping. Zonos simplifies cross-border sales for businesses worldwide through proprietary software that is powered by the company’s global trade data expertise. 

Zonos integrates with a business’ existing infrastructure via APIs, apps, and plugins which automatically classify goods and accurately calculate the total landed cost or final price a consumer pays for an item on an international purchase. 

The investment will fuel Zonos' growth in key business areas, including product development, go-to-market, and worldwide team expansion.


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Keywords: funding, cross-border ecommerce, API
Categories: Payments & Commerce
Companies:
Countries: United States
This article is part of category

Payments & Commerce