GLP has returned to participate in a series D round for the e-commerce delivery platform developer to bring its total financing above $240m.
US-based e-commerce delivery service Deliverr has secured $170m in series D equity and debt financing from investors including logistics, real estate and investment management firm GLP.
Investment manager Coatue led the $135m equity portion of the round, participating alongside GLP, 8VC and Activant Capital. Brookfield Technology Partners supplied another $35m in convertible note financing to take the company’s overall financing to more than $240m.
Deliverr provides an artificial intelligence algorithm-equipped logistics service to merchants on online marketplaces and social media…
