Deliverr has raised $170 million in new funding, with $135 million of that being Series D funding led by Coatue, according to a company blog post.
Another $35 million was a convertible note led by Brookfield Technology Partners, the post stated. Other existing investors like Activant Capital, 8VC and GLP participated, too.
The new round brings Deliverr’s total capital raised to $240 million. The new funding will let the company work more on expanding its warehouse space and evolve its logistics technology to be faster, more hassle-free and cheaper, according to the post.Pymnts