Deliveree Raises USD 70 Million Series C To Expand Its Logistics Mega Marketplace
Kota, Jakarta, June 27, 2022, ZEXPRWIRE, Deliveree has announced the completion of its USD 70 million Series C investment round. Widely recognized for its green branded trucks that can be spotted on roads and in logistics facilities, Deliveree is Southeast Asia’s most popular trucking and cargo shipping marketplace operating in Indonesia, Philippines, and Thailand.
The Company will use this new funding to deepen its enterprise capabilities to serve businesses of all sizes, add containerized cargo solutions to its marketplace, and to expand nationally in the markets where it operates.
This investment comes at a pivotal time in Southeast Asia’s cargo industry when competing marketplaces and networks are vying for the future of ground and sea logistics. The winning marketplaces and networks will be determined by their utilization of technology to add efficiency and reduce costs to an industry that has been relatively untouched by modern disruptive technology for the past 30 years.
Deliveree’s marketplace is much more than just a match making platform that assigns shippers with carriers. It also digitizes the entire process from dispatch through to final destination and makes this data available to clients in its user friendly apps and dashboards. These user friend apps and dashboards provides real time analytics to its clients with tracking, ETA updates, live photo uploads, live signature uploads, and digitized documentation uploads for every delivery.
Furthermore, Deliveree’s marketplace utilizes big data and predictive analytics which solves the poor utilization of existing truck fleets on roads and highways today. This effective utilization of big data has broad implications for the trucking and cargo industry in the region.
“Deliveree is at war against empty trucks. Today, businesses send full trucks from their warehouse to destination and usually those trucks come back empty. Our smart marketplace relies on big data sets to aggregates thousands of customer loads every day in order to place goods into those empty trucks which reduce the cost of each transit leg. Customers save money, drivers sustain their earnings, and we only need half the number of trucks on the road to carry the same amount of goods, it’s great for traffic and infrastructure, and even better for the environment. Everyone wins.” – Tom Kim, Co-Founder & CEO of Deliveree
Today, Deliveree powers the trucking and cargo solutions of over 25,000 businesses on a routine basis, integrated with hundreds of enterprise clients, and investing heavily to expand the transportation solutions available to clients on its ubiquitous marketplace.
Furthermore, Deliveree provides essential income to tens of thousands of truck owner-operators and SME trucking companies in Indonesia, Philippines, and Thailand. Some of the proceeds from their Series C will go to further investing in free logistics education for its carrier community. Deliveree manages a series of physical and virtual driver training centers that provide dozens of free and elective logistics classes in order to accredit drivers with new skills and certifications. These certifications enable drivers to carry out specialty bookings from corporate clients who require these accreditations in their warehouses and logistics facilities. Examples of such accreditations include occupational health and safety, hazardous goods transportation, safety equipment usage, and inventory and security protocols.
Enabling the carrier community to maximize the utilization of fleets is among other investments that Deliveree envisages in digitizing the SEA logistics ecosystem.
Find out more about Deliveree’s Series C fundraise by accessing the full press release in this post.
Deliveree Digital Marketing Team
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