Delivery logistics startup Bringg raised $12 million, bringing its total Series B funding to $22 million, the company announced Tuesday.
Investors in the round included Salesforce Ventures, automotive investor Shmuel Harlap and real estate and shipping magnate Eyal Ofer. The company says the new funding will help the company expand its international presence. Bringg now has $31 million in total funding, according to Crunchbase.
Bringg, which has offices in Chicago, New York and Tel Aviv, helps their customers digitize their supply chain to help create a more efficient delivery ecosystem across industries. They have clients in retail, e-commerce and food markets, and they span across more than 50 countries. Some of them include Coca-Cola, Panera Bread and Hilti.
“The $23 trillion ecommerce industry is ripe for disruption, and we’re on a mission to help the world’s most loved brands remain competitive,” said Bringg’s Co-Founder and CEO Raanan Cohen in a statement. “We are excited to have Dr. Harlap, Eyal Ofer’s O.G. Tech Ventures and Salesforce Ventures as partners in the business to support our growth, and help us fulfill our mission to enable enterprises worldwide to modernize their delivery infrastructure and improve their operational efficiency.”
Bringg, founded in 2013, has received previous investments from Aleph VC, Cambridge Capital and Coca-Cola.
