About Borderfree
Borderfree is a company based in China founded in 1999 was acquired by Pitney Bowes in May 2015.. 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. Borderfree operates in a competitive market with competitors including BoxoLoco and House of Brecho, among others.
- Headquarter Guangdong, China
- Stage Public
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Sectors
Retail
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Borderfree, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$26.79 M (USD)
in 5 rounds
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Latest Funding Round
$10.1 M (USD), Series B
Jul 06, 2012
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Investors
Pitney Bowes
& 10 more
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Employee Count
Employee Count
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Investments & Acquisitions
BundleTech
& 1 more
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Acquired by
Pitney Bowes
(May 05, 2015)
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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 Total Funding
- Total Rounds 5
- Last Round Series B — $10.1M
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First Round
First Round
(19 Sep 2000)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2012 | Amount | Series B - Borderfree | Valuation |
investors |
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| May, 2010 | Amount | Series B - Borderfree | Valuation |
investors |
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| May, 2003 | Amount | Debt – Venture - Borderfree | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Private markets investment management with strategies in equity, credit, and secondary investments.
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Founded Year | Domain | Location | |
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Venture capital investments in tech and healthtech sectors through dedicated funds.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Borderfree
Borderfree has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include BundleTech and DutyCalculator. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Cross-border e-commerce logistics solutions are provided via a dedicated platform.
|
2009 | ||||
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Import duties and taxes are calculated via an online platform.
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2009 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Borderfree
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Borderfree Comparisons
Competitors of Borderfree
Borderfree operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as BoxoLoco and House of Brecho, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online store selling gay gifts, underwear, swimwear, and grooming products directly.
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| domain | founded_year | HQ Location |
Operates an online platform offering a wide range of multi-category fashion products.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Borderfree
When was Borderfree founded?
Borderfree was founded in 1999 and raised its 1st funding round 1 year after it was founded.
Where is Borderfree located?
Borderfree is headquartered in China. It is registered at Guangdong, China.
Is Borderfree a funded company?
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 Debt – Venture of $1M, raised on Sep 19, 2000.
What does Borderfree do?
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.
Who are the top competitors of Borderfree?
Borderfree's top competitors include BoxoLoco and House of Brecho.
How many acquisitions has Borderfree made?
Borderfree has made 2 acquisitions, including BundleTech, and DutyCalculator.
Who are Borderfree's investors?
Borderfree has 11 investors. Key investors include Pitney Bowes, Torstar, Ontario Teachers' Pension Plan, Vintage Partners, and Adams Street Partners.
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