Israeli delivery management firm Bringg raises additional $30 mln

With the outbreak of COVID-19, the delivery market has, in a matter of weeks, seen adoption that was predicted to occur in a few years’ time, Bringg said.

By REUTERS
A Wal-Mart Pickup-Grocery employee waits next to a truck at a test store in Bentonville, Arkansas June 4, 2015. Customers using the store place their orders online and then pick up their merchandise in a drive-through. Wal-Mart will hold its annual meeting June 5, 2015. (photo credit: RICK WILKING / REUTERS)
A Wal-Mart Pickup-Grocery employee waits next to a truck at a test store in Bentonville, Arkansas June 4, 2015. Customers using the store place their orders online and then pick up their merchandise in a drive-through. Wal-Mart will hold its annual meeting June 5, 2015.
(photo credit: RICK WILKING / REUTERS)
Israel’s Bringg, whose technology helps businesses manage their delivery operations, said on Tuesday it raised $30 million in a funding round led by Viola Growth, bringing its total raised to $83.3 million.
With the outbreak of COVID-19, the delivery market has, in a matter of weeks, seen adoption that was predicted to occur in a few years’ time, Bringg said. Restaurants, grocers, retailers, and logistics providers have struggled to meet demands.
In this last week alone Bringg said it has seen a 24% week-over-week increase in customer delivery volumes.