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Deliverr Puts $40M On The Board To Battle Amazon

February 11, 2020 / pymnts
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How does a company compete with Amazon? At Deliverr, they attack what Amazon won’t handle and now they have the funding to prove it. Yesterday, the smaller-scale fulfillment company closed $40 million in Series C funding, led by Activant Capital, bringing its total capital raised to $70 million. Given that today’s consumers have come to expect that orders will be fulfilled overnight or within two days at the most, Deliverr aims to capitalize on that expectation by bringing that service to non-Amazon customers, who make up an estimated $250 billion industry in the U.S. alone. In the age of Amazon, achieving success in this market takes dozens of fulfillment centers, advanced logistics and sophisticated enterprise technology. The $40 million infusion will allow Deliverr to apply machine learning capabilities to predict demand and inventory, attract new clients and scale its team in San Francisco, Chicago and Toronto.