Fundraising Fox

Bringg

Unicorn Β· $1B

10 known investors

Bringg offers a modular last-mile delivery platform with an integrated carrier network and services, providing planning, routing, dispatch, and driver management for enterprise retailers and logistics providers. It connects to 250+ third-party, crowdsourced, and autonomous carriers across 70+ countries to manage deliveries across owned, 3PL, and hybrid fleets.

Also known as Bringg Delivery Technologies

Investors Β· 10

Also in the syndicate Β· 6

Cambridge CapitalHarlapNext 47OG Tech VenturesSalesforceSalesforce Ventures

Valuation Β· disclosed

Disclosed events
$1Bvaluation at Series EJun 2021
filing β†—
$214.7Mvaluation at Series CJan 2019
filing β†—

Source: SEC prospectus filings, and round valuations the company or its investors disclosed β€” follow each entry's link for the claim.

Company profile

researched Aug 2026

Bringg provides a data-led delivery and fulfillment cloud platform used by retailers and logistics providers to run and optimize last-mile operations. The platform digitizes and connects supply chain systems, delivery fleets and end customers, applying automation and business logic so that businesses can add delivery capacity, enable new fulfillment models and improve operational efficiency. Its end-to-end tooling includes AI-based and rules-based capabilities for understanding stock location and volumes, routing orders efficiently, and syncing with online ordering platforms.

The platform supports both a customer's own fleets of vehicles and drivers and third-party delivery providers that can be brought in to supplement in-house capacity. Beyond enterprise retail, Bringg has said it works with grocers, restaurants, large distributors, field service providers and healthcare companies. In 2020 it introduced BringgNow, a last-mile delivery product aimed at small and medium businesses for mobilizing and managing their own and third-party delivery fleets. Following its 2022 acquisition of Zenkraft, the company added parcel shipping, post-purchase and returns capabilities built natively on the Salesforce platform.

Founding story

Bringg was co-founded by Lior Sion and Raanan Cohen. Sion, who serves as co-founder and CTO, was previously CTO of GetTaxi and Clarizen and had helped build the technology behind Gett; he has described finding early product-market fit and winning Coca-Cola as one of the company's first adopters.

Business model

Bringg sells SaaS technology to enterprises that operate pickup and delivery, positioning its platform as the connective layer between retailers' systems, delivery fleets and delivery providers. Alongside its enterprise offering, it launched a product for small and medium businesses, and it builds solutions natively on the Salesforce platform for distribution within that ecosystem.

Traction

The 2020 Series D announcement cited rising revenues, an up round, and 24% growth in a single week during the early COVID-19 period, with customers including Walmart, McDonald's and Coca-Cola. At the June 2021 Series E, the company reported 180% year-over-year new customer growth and said brands in more than 50 countries used the platform.

Latest developments

In February 2022 Bringg acquired Zenkraft, a parcel, post-purchase and returns solution built on the Salesforce platform and previously a Salesforce subsidiary; the purchase price was not disclosed and no personnel changes were planned. Management framed the deal as accelerating its Salesforce-native roadmap and go-to-market and as the first in a series of planned acquisitions.

β–ΈFull profile β€” market position, technology, go-to-market, geography, history

Market position

Described in its 2021 funding announcement as a leader in delivery and fulfillment cloud technology and, at a stated $1 billion valuation, as the first unicorn in last-mile delivery and fulfillment cloud technology. An investor in the company characterized the Zenkraft deal as broadening Bringg's last-mile solution and its reach across the Salesforce ecosystem.

Bringg positions its platform as open and tech-stack agnostic, connecting brands to a network of hundreds of delivery providers and technology solutions so retailers can adopt new delivery models without replacing existing systems, and enabling customers to retain control of their delivery data.

Technology

A cloud platform that connects supply chain systems, delivery fleets and customers, using automation, business logic and AI-based tooling for inventory visibility, route optimization and integration with online ordering systems. After acquiring Zenkraft, Bringg gained parcel, returns and post-purchase technology with pre-existing integrations into the Salesforce e-commerce cloud and order management system.

Go-to-market

Direct sales to enterprise retailers and logistics providers, supplemented by an ecosystem of strategic and technology partners and an open network of delivery providers. The Salesforce relationship is a stated go-to-market channel: Salesforce Ventures is an investor, Bringg has built solutions natively on the Salesforce platform, and the Zenkraft acquisition was intended to accelerate penetration of the Salesforce ecosystem.

Retailers and logistics providers, plus grocery chains, restaurants, large distributors, field service providers and healthcare companies; enterprise brands named as customers include Walmart, McDonald's, Coca-Cola, Panera and KFC. A product line, BringgNow, addresses small and medium businesses.

Geography

Founded and headquartered in Tel Aviv as of 2020 reporting; by 2021-2022 announcements were issued from Chicago and the company was described as Chicago-based. Customers span more than 50 countries, and the acquired Zenkraft is based in London.

History

The company raised a $25 million Series C in January 2019, followed by a $30 million Series D in April 2020 led by Viola Growth, which brought total funding to roughly $83 million. In June 2021 it closed a $100 million Series E led by Insight Partners at a stated $1 billion valuation. In February 2022 it acquired London-based Zenkraft, a Salesforce subsidiary providing parcel and return delivery services, in what the company called the first deal of a broader M&A program.

Compiled by commissioned research from 6 cited public sources β€” announcements, filings, and press listed under research sources below.

Key figures

latest reported
Countries with customers using the platformJun 2021more than 50
Total funding raisedApr 2020$83M
ValuationJun 2021$1B
Weekly business growthApr 202024%
Year-over-year new customer growthJun 2021180%

Company-reported or press-reported figures, each dated to when it was claimed β€” not independently audited.

Timeline Β· 4

launches, deals, and filings
Feb 2022
Bringg acquires Zenkraft

Bringg acquired London-based Zenkraft, a parcel and return delivery services provider and Salesforce subsidiary, to extend parcel, return and post-purchase use cases and accelerate its presence in the Salesforce ecosystem. Purchase price undisclosed; no personnel changes announced.

source β†—

Jun 2021
Bringg closes $100M Series E led by Insight Partners at $1B valuation

Series E investment of $100 million led by Insight Partners with seven existing investors participating; the round set the company's valuation at $1 billion and was earmarked for M&A and partner ecosystem growth.

$100M source β†—

Apr 2020
Bringg raises $30M Series D led by Viola Growth

Growth round of $30 million led by Viola Growth with participation from existing investors Next47, Salesforce, OG Tech Ventures and GLP, bringing total funding to about $83 million.

$30M source β†—

Jan 2020
Launch of BringgNow last-mile platform for SMBs

Bringg introduced BringgNow, a last-mile delivery platform aimed at small and medium businesses for mobilizing and managing their own and third-party delivery fleets.

source β†—

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

β–ΈResearch sources Β· 6

primary sources listed

6 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Bringg do?
Bringg runs a cloud platform that retailers and logistics providers use to manage last-mile delivery and fulfillment.
Who are Bringg's investors?
Bringg's investors include Aleph, Next47, Pereg Ventures, Viola Ventures.