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Deliveree raises $14.5m in new funding round

Wednesday, October 11th, 2017

Indonesia-based Deliveree has raised $14.5m from a Series A funding round led by Gobi Partners with participation from PSA Unboxed, Asia Summit Capital, and Inspire Ventures.

Deliveree (which is also known as Transportify in the Philippines) told Post&Parcel that the new funding will be used to “fuel its growth as Southeast Asia’s leading ground logistics marketplace and to expand its logistics technology solutions to businesses”.

Launched in 2015, Deliveree operates in the metro areas of Bangkok, Jakarta, and Manila. The company’s mobile and web app platform gives businesses access to drivers of commercial vehicles on a pay-as-you-go basis.

“The shift to marketplace solutions is progressing rapidly across key areas of logistics,” says Tom Kim, CEO and Co-Founder of Deliveree.

“This is acutely true with the intracity movements of cargo and goods. Deliveree’s marketplace of 15,000 trucks, vans, pickups, and economy vehicles across Southeast Asia are servicing thousands of customers daily, including large corporations, big brands, and respected logistics companies. Within our markets, whatever products you’re using today, there’s a good chance they were moved in one of our vehicles.”

Commenting on Gobi’s investment in Deliveree, Partner Kay-Mok Ku said: “Gobi is delighted to lead Deliveree’s Series A. On the heels of our successful investment in GoGoVan, we believe that Southeast Asian businesses will increasingly adopt similar marketplace technologies to solve challenging old-world logistics problems.”

 

Source: Deliveree

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Deliveree raises $14.5m in new funding round

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