Deliveree recently announced the closing of its USD 70 million Series C funding round led by Gobi Partners and SPIL Ventures with participation from existing investor Inspire Ventures. This brings total funds raised to USD 109 million over the past 5 years.
Deliveree sources added that the proceeds from the firm’s Series C round will be used to advance our market sector penetration, expand our services offered with the addition of containerized cargo solutions, and build the massive scale needed to become Southeast Asia’s ubiquitous logistics marketplace. Additionally, Deliveree explained that its proceeds will go toward enhancing support to the tens of thousands of businesses who rely daily on Deliveree.
Tom Kim, Co-Founder & CEO of Deliveree stated: “At Deliveree, our mission is to digitize logistics by making cargo transportation simple, affordable, flexible, and scalable for businesses of all sizes. We do this with our powerful marketplace platform that brings together buyers of logistics services with a massive network of carriers and service providers – I call this our logistics mega marketplace.”
Kay Mok, Managing Partner of Gobi Partners stated: “Post-pandemic, we are moving into an inflationary environment plagued by supply-chain issues. Deliveree has built the best tech platform that is well-tested by marquee customers and this will enable them to optimize and lower total cost of operations for the logistics and shipping industry.”
Widarta Liunanda, SPIL Ventures stated: “With our strategic investment in Deliveree, we are able to provide them with strong supply chain operational capabilities which are the FIRST of its kind by aligning land and sea modes of transport. This will enable Deliveree’s tech platform to offer broader logistics solutions that extend beyond inland trucking with an inter-island reach that is strategically supported by the SPIL network of container ships servicing all major ports in Indonesia.”
Press Release received on Mail