Bigblue raises €13.7 million
French logistics provider Bigblue has raised 13.66 million euros in a Series A round. The funding will be used to expand further internationally. In order to do so, the company plans to hire 100 new people in the next 12 months.
Bigblue was founded in 2016 and has partnerships with fulfillment centers and shipping carriers worldwide. At the end of 2020, the logistics provider raised 3 million euros in a seed round. With that funding, it created an end-to-end fulfillment platform.
‘Bigblue uses AI to pick the best shipping method for each shipment.’
The company offers an all-in-one platform optimized for each independent brand. Its European warehouse and carrier network uses AI to pick the best shipping method for each shipment and ensures green ecommerce fulfillment. Additionally, brands can add personalized inserts to their packages, customize their packaging or give brand info in shipping notifications.
Series A round
Currently, Bigblue has over 300 clients. This year, it wants to ship 4 million parcels from 3 different countries. In order to do so, it held a Series A funding round that was led by Runa Capital. It raised 13.66 million euros from LPV and existing investor Samaipata.
‘We will support scaling service offerings for online merchants.’
“Powering independent brands in France since 2018, Bigblue does not simply offer a fulfillment solution that matches Amazon standards – we aim to make it easy for brands to grow online”, says Tim Dumain, co-founder at Bigblue. “With this new round we will support scaling service offerings for Bigblue’s growing base of online merchants, fuel hiring efforts, and continue to position the company as the leader in the D2C fulfillment space.”
The funding will be used to hire 100 new employees this year in sales, marketing and operations. The company will also triple its engineering staff. In January, Bigblue opened its first international office in Madrid. It wants to expand even further this year. The expansion will help brands become European sellers by supporting them in their internationalization. It’s unclear to which countries Bigblue will expand next.