In today’s times, e-commerce giants such as Amazon and Zalando have invested billions in software and infrastructure to provide the best experience for their customers. However, these solutions are only optimised for their own businesses. Helping other e-commerce brands to sell effectively and compete with the likes of Amazon, Paris-based order fulfilment platform Bigblue has roped in a $15 million funding.
The Series A round was led by Runa Capital with LPV as the secondary lead investor and additional participation from existing investor Samaipata. The new capital will enable the platform to grow its base of online merchants and fuel hiring efforts.
Earlier this year in January, the startup opened its first international office in Madrid. It will also expand to the rest of Europe over the next 12 months. Going forward, the platform will continue to improve the post-shopping experience and extend its fast tag programme to help more brands get rid of overwhelming acquisition costs.
With its newly launched programme fast tags, the startup is helping brands to reduce their marketing costs. It automatically pushes eligible buyers a 98% accurate one-day delivery time along their purchase journey.
Founded in 2018, the French startup offers an all-in-one platform optimised for each independent brand and helps companies selling online deliver the best and most unique customer experience.
Offering shipping automation, transport optimisation, branded post-purchase communications, the company operates an intelligent European warehouse and carrier network from Paris and Normandy that uses AI to pick the best shipping method for each shipment and ensure fast and green fulfilment. Brands can even add a personalised insert to their packages, customise their packaging, or tell their story in shipping notifications.
Tim Dumain, co-founder, Bigblue said: “Powering independent brands in France since 2018, Bigblue does not simply offer a fulfilment solution that matches Amazon standards. We aim to make it easy for brands to grow online. With this new round, we will support scaling service offerings for our growing base of online merchants, fuel hiring efforts, and continue to position the company as the leader in the D2C fulfilment space.”
“Runa Capital sees Bigblue as a crucial part of the online merchants’ tech stack and believes that the e-commerce market will continue to grow at an impressive pace in the future,” added Dmitry Chikhachev, general partner, Runa Capital.
Would you like to write the first comment?
Login to post comments