London: European e-commerce fulfillment platform byrd has raised €5 million to scale its operation internationally. The Series A round was led by Rider Global, with participation from VentureFriends, FJ Labs, and consumer internet companies as well as current investors. Since its founding in 2016, byrd has collected a total of more than €9 million from business angels and VCs, including Speedinvest, Reflex Capital, Hermann Hauser, and KK Incube, as well as public funding.
byrd has ambitious plans to become a global player in the growing e-commerce market by revolutionizing the logistics industry. The startup has offices in Berlin and Vienna, and has grown from 25 to 60 employees in the last 10 months, boosted further by the profound effects of the current pandemic.
Without touching a single parcel or owning a single warehouse, byrd has set up an efficient fulfillment network. The startup connects online merchants to an international warehouse network, enabling retailers to offer advanced shipping options on an international scale without needing to build their own logistics network. The platform integrates with leading e-commerce systems such as Shopify and qualified logistics partners in multiple countries, bringing retailers closer to their customers.
“E-commerce is booming but consumers are more demanding than ever. We armour retailers with the best possible logistics solution, so they can compete with the world’s biggest online shops, meeting consumers’ ever-increasing expectations now and in the future”, says CEO and co-founder, Alexander Leichter.