Skip to content
Search AI Powered
Human content, AI powered search.

Latest Stories

Bringg raises $100 million in Series E funding

Led by Insight Partners, the latest round brings the delivery and fulfillment platform provider’s valuation to $1 billion.

pr_-Unicorn_Website_854x476-2.jpg
Supply Chain Quarterly Staff
By Supply Chain Quarterly StaffJun 16, 2021
Supply Chain Quarterly Staff
See Full Bio

Delivery and fulfillment cloud platform provider Bringg has closed a $100 million Series E investment, bringing the company’s market valuation to $1 billion, the company said today.

Bringg will use the funding for merger and acquisition (M&A) growth and to build its network of strategic and technology partners, the company said. Overall, the funding will boost the company’s ability to meet growing demand for delivery and fulfillment technology, which has accelerated during the pandemic. Company leaders said demand for Bringg’s platform has soared in the last 18 months, with 180% year-over-year new customer growth.

“There’s no question that technology and innovation were necessary to help keep the world moving forward during an incredibly challenging time, and we are proud to have stepped up to the plate and continue to deliver,” Guy Bloch, Bringg’s CEO, said in a statement announcing the funding round. “We are honored by this vote of confidence from our investors and we’re looking forward to continuing to lead the last-mile revolution—reimagining the new world of delivery and fulfillment every day.”

The investment was led by Insight Partners with participation from seven existing investors: Cambridge Capital, GLP, Harlap, Next 47, Pereg Ventures, Salesforce Ventures, and Viola Growth.
ArticleMoveTech & InfrastructureTechnology
bringg
ArticleMoveTech & InfrastructureTechnology
bringg

Recent

german courthouse
Move

Deutsche Bahn claims victory in “air freight cartel” settlement

boxes on a conveyor
Store

Amazon adds Adidas as its latest e-commerce 3PL customer

Report: 65% of consumers made holiday returns this year
Featured

Report: 65% of consumers made holiday returns this year

Industry Press Room

Mitsubishi Logisnext Americas Group Announces UniCarriers® Forklifts’ Premier Club Winners for 2024

More Stories

screen shot of returns apps on different devices

Optoro: 69% of shoppers admit to “wardrobing” fraud

With returns now a routine part of the shopping journey, technology provider Optoro says a recent survey has identified four trends influencing shopper preferences and retailer priorities.

First, 54% of retailers are looking for ways to increase their financial recovery from returns. That’s because the cost to return a purchase averages 27% of the purchase price, which erases as much as 50% of the sales margin. But consumers have their own interests in mind: 76% of shoppers admit they’ve embellished or exaggerated the return reason to avoid a fee, a 39% increase from 2023 to 204.

Keep ReadingShow less

Featured

Warehouse automation project orders fell 3% in 2024
Featured

Warehouse automation project orders fell 3% in 2024

Companies double down on resilience as trade complexities rise
Featured

Companies double down on resilience as trade complexities rise

photo collage of containers and ports
Plan

DHL Supply Chain expands offerings in returns, multi-shoring

woman making purchase with smartphone
Plan

C.H. Robinson says shippers are stressed about tariffs and trade changes

shopper uses smartphone in retail store
Plan

EY lists five ways to fortify omnichannel retail

US customs agent inspecting agricultural goods
Finance & Strategy

Industry groups: Reciprocal tariffs show “incomplete thinking”

robots carry goods through a warehouse

Fortna: rethink your distribution strategy for 2025

Facing an evolving supply chain landscape in 2025, companies are being forced to rethink their distribution strategies to cope with challenges like rising cost pressures, persistent labor shortages, and the complexities of managing SKU proliferation.

But according to the systems integrator Fortna, businesses can remain competitive if they focus on five core areas:

Keep ReadingShow less
artistic image of a building roof

BCG: tariffs would accelerate change in global trade flows

Geopolitical rivalries, alliances, and aspirations are rewiring the global economy—and the imposition of new tariffs on foreign imports by the U.S. will accelerate that process, according to an analysis by Boston Consulting Group (BCG).

Without a broad increase in tariffs, world trade in goods will keep growing at an average of 2.9% annually for the next eight years, the firm forecasts in its report, “Great Powers, Geopolitics, and the Future of Trade.” But the routes goods travel will change markedly as North America reduces its dependence on China and China builds up its links with the Global South, which is cementing its power in the global trade map.

Keep ReadingShow less
woman shopper with data

RILA shares four-point policy agenda for 2025

As 2025 continues to bring its share of market turmoil and business challenges, the Retail Industry Leaders Association (RILA) has stayed clear on its four-point policy agenda for the coming year.

That strategy is described by RILA President Brian Dodge in a document titled “2025 Retail Public Policy Agenda,” which begins by describing leading retailers as “dynamic and multifaceted businesses that begin on Main Street and stretch across the world to bring high value and affordable consumer goods to American families.”

Keep ReadingShow less
ATRI releases annual list of nation’s top truck bottlenecks

ATRI releases annual list of nation’s top truck bottlenecks

New Jersey is home to the most congested freight bottleneck in the country for the seventh straight year, according to research from the American Transportation Research Institute (ATRI), released today.

ATRI’s annual list of the Top 100 Truck Bottlenecks aims to highlight the nation’s most congested highways and help local, state, and federal governments target funding to areas most in need of relief. The data show ways to reduce chokepoints, lower emissions, and drive economic growth, according to the researchers.

Keep ReadingShow less
Copyright ©2025.