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ACQUIRED COMPANY
 
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Deliverr  Acquired by Shopify (2022 $ 2,100,000,000 )

110 Sutter Street 9th Floor
San Francisco, CA 94104
USA
Website Company Summary Management Team
Management

CEO: Harish Abbott (9/30/2017)
General Management: Michael Krakaris (09/30/2017)
Finance: Mike Wong (8/31/2019)
Technology: Artur Rivilis (9/30/2017)
Sales/Marketing: Michael Sene
Former Employees: Alli Goldenberg Shariq Minhas
Board

Company

Business description: Deliverr is on a mission to enable any seller, regardless of size, to delight their customers with fast and cost-effective fulfillment. The company helps eCommerce businesses to meet shipping standards, avoiding late shipment penalties for orders. Deliverr's fast and affordable ecommerce fulfillment helps thousands of merchants sell more with higher conversions and lower advertising spend. Ultimately, this enables merchants to grow faster. Merchants on Deliverr grew 90% year-over-year compared to e-commerce growth rates at a fraction of that rate. Deliverr uses predictive analytics to anticipate demand for products based on demographics, geography and other variables. Deliverr then uses that analysis to preposition items close to demand. The company's forward deploy network includes more than 80 warehouses, cross-docks and sort centers. By stocking items near places of demand, Deliverr reduces the number of miles a product travels and enables Next-Day ecommerce fulfillment at affordable costs.
Capital

Rounds: 5
Recent Fundings: Nov 2021   Mar 2021
Capital raised: 455.10M
Last Round: 250.0M
Ownership: Acquired by Shopify (2022 $ 2,100,000,000 )
VCs include: Tiger Global Coatue Management 8VC Activant Capital;  Oberndorf Ventures;  DHVC ;  GLP ;  Brookfield Technology Partners

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Overview
Record updated: May 2022
Sector: Shipping & Logistics
Year Founded: 2017
Headcount: 401-500 as of May 2022
Rounds: 5
Recent Fundings: Nov 2021   Mar 2021
Capital Raised: 455.10M
Last Round: 250.0M
Ownership: Acquired by Shopify (2022 $ 2,100,000,000 )