Wednesday, February 24, 2016

Upfront Backs Deliv In $28M Funding, Alongside UPS

Deliv, the same day delivery provider which crowdsources couriers for delivering products for such companies as TheBouqs, has raised $28M in a Series B funding. Deliv, said the funding came from the UPS Strategic Enterprise Fund, along with Upfront Ventures, RPM Ventures, PivotNorth Capital, General Growth Properties, The Macerich Company, Simon Venture Group, Taubman Centers, Inc. and Westfield Corp. Upfront, an early backer of Deliv, made its first investment in the company in 2013 alongside RPM Ventures, as one of the original investments in the startup. Upfront's Greg Bettinelli leads the firm's investment in Deliv. More information »

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