GLP helped the e-commerce logistics provider raise series E funding that will support the expansion of its commercial operations and next-day fulfilment service.

US-based e-commerce fulfilment service Deliverr secured $250m yesterday in a series E round featuring logistics, real estate and investment management firm GLP at a $2bn valuation.

The round was led by Tiger Global Management and also backed by fellow investment firm Activant, venture capital firm 8VC, investment manager Coatue Management and Brookfield Technology Partners, the VC arm of alternative asset manager Brookfield Asset Management.

Deliverr provides logistics and fulfilment services for online merchants on e-commerce and social media platforms including…