Flexport is buying Deliverr from Shopify. Here's the pitch deck the startup used to raise its $40 million Series C and become an acquisition target for some of the biggest names in e-commerce.
Here's the pitch deck Deliverr used to fundraise from backers includingWhen Deliverr cofounder Michael Krakaris pitched the business to potential investors in its Series C round of venture funding in 2020, he invoked Amazon Prime — which set the standard for e-commerce delivery at two days for free.
"We're enabling anyone to offer free delivery," he told Insider in 2020."That's good for Amazon in many ways. That's not great for Amazon, in other ways. What's important is it's good for the merchant."uses machine learning to help businesses ship their products quicker and cheaper by tying together disparate, independently-owned warehouses with software, so they function like one big network.
Deliverr's mission, he said then, is to level the playing field for businesses"so they can sell anywhere they want." That mission and the tech behind it would eventually catch the eye of Shopify, which acquired Deliverr for $2.1 billion in 2021 as part of a
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ryanair Orders 300 New Boeing Aircraft in Deal Worth More Than $40 BillionThe deal, worth more than $40 billion, could create more than 10,000 jobs for pilots, crew members and engineers.
Read more »
UT Dallas receives $40 million from Harry Bass Foundation for new arts schoolDuring his 71 years, the late Harry W. Bass Jr. excelled as a businessman whose interests extended to oil and gas, ski resorts, philanthropy and coin...
Read more »
Boeing lands massive deal with Ryanair worth up to $40 billionIrish airliner Ryanair said it agreed to buy 150 Boeing 737 Max jets, with an option for 150 more, marking the largest purchase in Ryanair history.
Read more »
Jalen Carter among those named in $40 million suit from Devin Willock’s familyJalen Carter is among those named in a lawsuit by the father of Devin Willock, the former Georgia football player who died in a car accident in January.
Read more »
Boeing stock rallies after Ryanair orders 300 new 737-Max-10 aircraft valued at over $40 billion, for delivery starting 2027Shares of Boeing Co. climbed 2.1% in premarket trading Tuesday, after Ryanair Holdings PLC said it ordered 300 new Boeing 737-Max-10 aircraft in a deal...
Read more »
Major flood relief projects underway in Parma along Sprague Road at Ridgewood LakeLast August, News 5 told you about the flooding problems at Ridgewood Lake. On Wednesday, we went back to check in on a new project that's supposed to help.
Read more »