Unveiling Bringg: A Revolutionary B2B Last-Mile Delivery Startup
About Bringg
Bringg, a pioneering startup in the B2B space, has carved a unique niche in the realm of last-mile delivery management. Under the able leadership of co-founder and CEO Raanan Cohen, Bringg has established a renowned market presence, thanks to its innovative Delivery Management Platform. Tailored to simplify the complexity of last-mile deliveries, Bringg provides cutting-edge solutions such as the multi-carrier management system - Delivery Hub, and the fleet management tool - ROAD. A game-changer in the logistic sector, Bringg enables businesses to augment the range of shipping options, streamline operations, and significantly cut down the costs while bolstering brand loyalty.
About Bringg's Pitch Deck
In 2018, Bringg presented its Series E Pitch Deck and raised a colossal $184.5 million. The pitch deck not only encapsulates Bringg's avant-garde approach to hassle-free delivery experiences but also spotlights the robustness of its unified platform that manages over 200 million orders annually. With more than 800 customers relying on Bringg, the deck paints a vivid picture of how Bringg is transforming delivery into an influential differentiator for businesses. It showcases how Bringg's solutions escalate efficiency, leading to more successful deliveries per day and creating a impressive value for customers.
Why Investors Believed in Bringg?
Investors were smitten by Bringg's knack for enhancing the entire delivery cycle - right from dispatch and scheduling to tracking and communication. As illustrated in the pitch deck, Bringg's platform has resulted in a 56 percent decrease in late deliveries and a staggering 328 percent uptick in cart value. Investors saw the immense potential in Bringg's dexterity to empower businesses to optimize and grow their last-mile delivery operations, turning them into a unique selling point. This impressive commitment to improvement and growth is why investors believed and invested substantially in Bringg.