AUSTRIA – byrd, a Berlin, Germany and Vienna, Austria-based e-commerce fulfillment platform that allows merchants to access warehouses internationally and ship globally, raised €5m in Series A funding.
The round, which brought the total raised to more than €9m, was led by Rider Global, with participation from Venture Friends, FJ Labs, and existing investors. The company intends to use the funds to expand its virtual warehouse network to let retailers in eight markets ship worldwide by the end of the year. Founded in 2016 by CEO Alexander Leichter and Chief Commercial Officer Petra Dobrocka, byrd runs a fulfillment network that 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 company’s fulfillment platform integrates with leading e-commerce systems such as Shopify and qualified logistics partners in multiple countries, bringing retailers closer to their customers. Its tech-driven logistics solution uses digital interfaces to connect e-commerce systems to its warehouse management system, which is used by partner-warehouses internationally. Beyond its core markets in Germany and Austria where the company started, it has fulfillment locations in the UK, and will launch new locations in Netherlands and France in the coming weeks. Currently, the company is able to ship 10,000 orders per day from more than 10 different warehouses, with storage capacities of more than 500,000 square meters. byrd has 60 employees. 30/07/2020
