About Bringg
Bringg is a company based in Tel Aviv (Israel) founded in 2013.. Bringg has raised $184.5 million across 7 funding rounds from investors including The Coca-Cola, Insight Partners and Cambridge Capital. Bringg has completed 1 acquisition, including Zenkraft. Bringg offers products and services including ROAD, Delivery Hub, Zenkraft, and Route Optimization. Bringg operates in a competitive market with competitors including OnFleet, LetsTransport, Paxel, Locus and RideOS, among others.
- Headquarter Tel Aviv, Israel
- Stage Unicorn
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Sectors
Transportation, Automotive & Logistics
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$184.5 M (USD)
in 7 rounds
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Latest Funding Round
$100 M (USD), Series E
Jun 16, 2021
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Investors
The Coca-Cola
& 13 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of Bringg
Bringg offers a comprehensive portfolio of products and services, including ROAD, Delivery Hub, Zenkraft, and Route Optimization. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Software for digitizing and managing drivers and vehicles efficiently.
Platform for expanding shipping options and simplifying operations.
Solution for multi-carrier shipping integrated with Salesforce.
Tools for best-in-class route planning and on-demand dispatching.
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Software Development Team
23 people
Leadership Team
21 people
Senior Team
8 people
Product Management Team
7 people
Customer Team
4 people
Observer Team
3 people
Sales and Marketing
3 people
Data Analysis and Operations Team
3 people
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Funding Insights of Bringg
Bringg has successfully raised a total of $184.5M across 7 strategic funding rounds. The most recent funding activity was a Series E round of $100 million completed in June 2021. 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 7
- Last Round Series E — $100.0M
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First Round
First Round
(01 Dec 2013)
- Investors Count 14
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2021 | Amount | Series E - Bringg | Valuation | Insight Partners | |
| Apr, 2020 | Amount | Series D - Bringg | Valuation | Viola Growth | |
| Jan, 2019 | Amount | Series C - Bringg | Valuation | Next47 , The Coca-Cola |
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| 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 Bringg
Bringg has secured backing from 14 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include The Coca-Cola, Insight Partners and Cambridge Capital. 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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Investment firm scaling software and technology companies from early to late stages.
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Founded Year | Domain | Location | |
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Cambridge Capital is focused on supply chain sector investments.
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Founded Year | Domain | Location | |
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Industrial and logistics parks are developed across India by IndoSpace.
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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 Bringg
Bringg has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Zenkraft. 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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Shipping software is developed for manufacturers on Salesforce platform.
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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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 - Bringg
| 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 |
Bringg Comparisons
Competitors of Bringg
Bringg 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 OnFleet, LetsTransport, Paxel, Locus and RideOS, 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 |
Cloud-based software is utilized for last-mile delivery management.
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| domain | founded_year | HQ Location |
Platform offering customised logistic solutions to enterprises
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| domain | founded_year | HQ Location |
Solutions for last-mile delivery management are provided through mobile applications.
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| domain | founded_year | HQ Location |
Last-mile delivery software is optimized for automation and logistics analysis.
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| domain | founded_year | HQ Location |
Technologies for self-driving vehicle transportation ecosystems are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Latest news on Bringg
Frequently Asked Questions about Bringg
When was Bringg founded?
Bringg was founded in 2013.
Where is Bringg located?
Bringg is headquartered in Tel Aviv, Israel.
Who is the current CEO of Bringg?
Guy Bloch is the current CEO of Bringg.
Is Bringg a funded company?
Bringg is a funded company, having raised a total of $184.5M across 7 funding rounds to date. The company's 1st funding round was a Series C of $25M, raised on Dec 01, 2013.
What does Bringg do?
Bringg was founded in 2013 in Tel Aviv, Israel, as a provider in the logistics sector. Cloud and AI-based platforms for delivery management are offered, encompassing features like tracking, supply chain visibility, routing optimization, dispatch and driver management, inventory control, store operations, returns processing, and support for first- and last-mile deliveries. Operations serve clients including Coca-Cola, Boulanger, and Walmart across various geographies.
What products or services does Bringg offer?
Bringg offers ROAD, Delivery Hub, Zenkraft, and Route Optimization.
How many acquisitions has Bringg made?
Bringg has made 1 acquisition, including Zenkraft.
Who are Bringg's investors?
Bringg has 14 investors. Key investors include The Coca-Cola, Insight Partners, Cambridge Capital, IndoSpace, and Next47.
What is Bringg's valuation?
The valuation of Bringg is $1B as of Jun 2021.
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