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Deliverr
From Wikipedia - Reading time: 4 min
| Company type | Corporation |
|---|---|
| Industry | Shipping |
| Founded | July 28, 2017 in Delaware |
| Founders | Harish Abbott and Michael Krakaris |
| Fate | Acquired by Flexport |
| Website | deliverr |
Deliverr is an E-commerce fulfillment company based in the United States of America.[1] They integrate with eCommerce marketplaces, such as Walmart, eBay, Amazon, Shopify, Wish, and BigCommerce, offering two-day shipping to merchants selling on Walmart's online marketplace, and similar service with other online marketplaces.[2][3]
Deliverr was co-founded in 2017 by former Symphony Commerce colleagues Harish Abbott and Michael Krakaris,[4] the latter of whom made the Forbes 30 under 30 list in 2019.[5] They have raised multiple rounds of funding totaling $490.9 million in capital.[6] Their Series F funding round, led by Tiger Global, valued the company at $2 billion post-money.[7][6]
On May 5, 2022, Deliverr was acquired by Shopify for US$2.1 billion in cash and stock.[6][8]
On June 6, 2023, Flexport announced the successful completion of its acquisition of Shopify Logistics, including Deliverr, Inc.[9]
References
[edit]- ^ "Deliverr - Headquarter Locations, Products, Competitors, Financials, Employees". www.cbinsights.com. Retrieved 2022-07-18.
- ^ Gonzalez, Guadalupe (2019-04-18). "Meet the 24-Year-Old Founder of Deliverr, Walmart's Brand-New Secret Weapon". Inc.com. Retrieved 2020-12-20.
- ^ "Solution Overview". Deliverr. Retrieved 2020-12-20.
- ^ Sternlicht, Alexandra. "Deliverr, Cofounded By 25-Year-Old, Raises $40 Million Series C To Power Ultra-Fast Ecommerce Fulfillment". Forbes. Retrieved 2020-12-20.
- ^ "Profile: Michael Krakaris". Forbes. Archived from the original on 2020-04-18. Retrieved 2020-12-20.
- ^ a b c "Shopify acquires shipping logistics startup Deliverr for $2.1B". TechCrunch. Retrieved 2022-05-05.
- ^ Smith, Jennifer (2019-09-24). "E-Commerce Fulfillment Specialist Deliverr Adds $23 Million in Funding". Wall Street Journal. ISSN 0099-9660. Retrieved 2020-12-20.
- ^ "Shopify reaches deal to buy logistics company Deliverr for US$2.1 billion - National | Globalnews.ca". Global News. Retrieved 2022-05-05.
- ^ https://www.prnewswire.com/news-releases/flexport-adds-fulfillment-b2b-distribution-and-last-mile-delivery-to-its-end-to-end-supply-chain-capabilities-with-the-successful-acquisition-of-shopify-logistics-301843642.html?tc=eml_cleartime
External links
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