Shopify, based in Ottawa, said the addition of Deliverr to its platform will help merchants “be able to reduce logistics costs and eliminate the hassle of managing complex supply chains.” San Francisco-based Deliverr has raised more than $490M in venture funding to date including a November 2021 Series E led by Tiger Global.
The San Francisco-based company raised $250M in Series E funding, boosting its valuation to $2B. This new valuation is more than double its previous valuation when the company raised just seven months ago, a $170M round led by Coatue.