Borderfree

Guangdong, China Founded: 1999 • Age: 27 yrs Listed Acquired By Pitney Bowes
Cross-border platform offering casual wear for men and women

About Borderfree

Borderfree is a Retail company based in China founded in 1999, and was acquired by Pitney Bowes in May 2015. Cross-border platform offering casual wear for men and women. Borderfree has raised $26.79 million across 5 funding rounds from investors including Pitney Bowes, Torstar and Ontario Teachers' Pension Plan. Borderfree has completed 2 acquisitions, including BundleTech and DutyCalculator. Its website borderfree.com draws about 125 thousand monthly visits. Its focus areas include Cross Border Commerce, Fashion, Horizontal and Retailer. Its legal entity is BORDERFREE, INC.

Company details

Borderfree was founded in 1999 in Guangdong, China, as a cross-border e-commerce platform focused on the fashion sector. Casual apparel such as jeans, t-shirts, jumpers, sweatshirts, skirts, and shorts is offered, alongside footwear, handbags, wallets, jewelry, and other accessories. Operations emphasize global accessibility for users seeking mens and womens clothing through an online catalog.

Key Metrics
  • Total Equity Funding
    $26.79M (USD)

    in 5 rounds

  • Latest Funding Round
    $10.1M (USD), Series B

    Jul 2012

  • Investors
  • Investments & Acquisitions
    BundleTech

    & 1 more

  • Acquired by
    Pitney Bowes

    (May 2015)

Funding Insights of Borderfree

Borderfree has successfully raised a total of $26.79M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $10.1 million completed in July 2012. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $26.79M
  • Total Rounds 5
  • Last Round Series B β€” $10.1M
  • First Round $7.39M

    (Sep 2000)

  • Investors Count 10

All 5 funding rounds of Borderfree with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jul 2012$10.1MSeries B––
May 2010$4MSeries B––
–
May 2003$1MDebt – Venture––
Oct 2001$5.3MSeries B––
Sep 2000$7.39MSeries A––
Valuation history

11 investors in total: 11 institutional.

Investors in Borderfree

Borderfree has secured backing from 11 investors, including institutional and venture fund investors. Prominent investors backing the company include Pitney Bowes, Torstar and Ontario Teachers' Pension Plan.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Private markets investment management with strategies in equity, credit, and secondary investments.
adamsstreetpartners.com
Venture capital investments in tech and healthtech sectors through dedicated funds.
pitango.com
vspcapital.com
Credit fund / Venture debt provider for tech companies & fintech lenders
https://www.viola-group.com/fund/violacreditHerzliya, Israel
Early-stage investments in European sectors are managed by Mosaic Ventures.
mosaicventures.comLondon, United Kingdom
Venture capital firm investing in Canadian early-stage tech companies and providing access to funds.
brightspark.com
vintagepartners.com
Delta Ventures provides financial advisory services, including planning, analysis, and wealth management.
1998delta-ventures.comHerzliya, Israel
Pension funds focused on multiple sectors
1990otpp.comToronto, Canada
Investments in news and media organizations are managed by Torstar.
1892torstar.comToronto, Canada
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Investor details for Borderfree

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  • Round participation
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Verified entity values are shown only after access is granted.

Investments & Acquisitions by Borderfree

Borderfree has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include BundleTech and DutyCalculator.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Cross-border e-commerce logistics solutions are provided via a dedicated platform.
bundletech.comLondon, United Kingdom2009Jan 2015β€’β€’β€’β€’
Import duties and taxes are calculated via an online platform.
dutycalculator.comBrighton, United Kingdom2009Jan 2015$22M
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Complete acquisition details for Borderfree

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  • Acquired stakes
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  • Exports

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Timeline of Borderfree

7 dated milestones of Borderfree across 16 years, from founding to its latest funding, stage changes and deals.

  1. Founded Borderfree is founded.
  2. Funding First funding round of $7.4M.
  3. Funding Latest funding round, Series B, of $10.1M.
  4. IPO Lists on the stock exchange (IPO).
  5. Acquisition Acquires DutyCalculator.
  6. Acquisition Acquires BundleTech.
  7. Exit Acquired by Pitney Bowes.

Web traffic of Borderfree

The website of Borderfree (borderfree.com) receives about 125.1K visits a month.

  • Monthly visits
    125.1K

    ▼ 26.4% vs previous month

Similar websites

Websites whose visitors overlap most with Borderfree. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
sears.ca
100%
#4,347,835View details
theshoppingchannel.com
theshoppingchannel.com
98%
–
appliancecanada.com
appliancecanada.com
97%
#696,143–
hottoads.com
hottoads.com
84%
–
partydepot.ca
partydepot.ca
84%
–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 29 similar websites and full traffic analytics for Borderfree

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  • 29 similar websites
  • Audience overlap
  • Engagement analytics
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Verified entity values are shown only after access is granted.

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Related news about Borderfree

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Frequently Asked Questions about Borderfree

Borderfree was founded in 1999 and raised its 1st funding round 1 year after it was founded.

Borderfree is headquartered in China. It is registered at Guangdong, China.

Borderfree is a funded company, having raised a total of $26.79M across 5 funding rounds to date. The company's 1st funding round was a Series A of $7.39M, raised on Sep 2000.

Borderfree was founded in 1999 in Guangdong, China, as a cross-border e-commerce platform focused on the fashion sector. Casual apparel such as jeans, t-shirts, jumpers, sweatshirts, skirts, and shorts is offered, alongside footwear, handbags, wallets, jewelry, and other accessories. Operations emphasize global accessibility for users seeking mens and womens clothing through an online catalog.

Borderfree has made 2 acquisitions, including BundleTech, and DutyCalculator.

Borderfree has 11 investors. Key investors include Pitney Bowes, Torstar, Ontario Teachers' Pension Plan, Vintage Partners, and Adams Street Partners.

Borderfree operates through Borderfree, Inc..

Yes. Borderfree was acquired by Pitney Bowes in May 2015.

The website of Borderfree receives about 125 thousand visits a month.

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