Byrd, the e-commerce startup, announced new funding that will be used to expand its footprint to meet demand and help merchants fill online orders.
The e-commerce startup builds software that manages warehouses and logistics, but also offers a service to merchants to pick and deliver their orders. Byrd was able to obtain $19 million USD in Series B funding that it will use to expand into northern and southern Europe.
Byrd was started in 2016 in Vienna, Austria and since then it has expanded into the United Kingdom, Germany, the Netherlands, and France. Currently, the company has about 15 fulfillment centers and 200 customers.
"You could say we are an alternative to Amazon, but also quite different. Our sellers are very brand-focused and want to provide a total experience total to customers," said Petra Dobrocka, the Byrd co-founder and CCO.
E-Commerce Startup Funding Announcements
Byrd Raised $19 Million in Funding to Expand Operations
Trend Themes
1. E-commerce Logistics Management - Byrd's expansion highlights the need for innovative logistics management solutions in the rapidly growing e-commerce industry.
2. European E-commerce Market Growth - Byrd's expansion into northern and southern Europe signals opportunities for growth and expansion in the European e-commerce market.
3. Brand-focused E-commerce Solutions - Byrd's focus on providing a total experience for customers presents opportunities for the development of brand-focused e-commerce solutions.
Industry Implications
1. E-commerce - Byrd's software and services cater to the e-commerce industry's growing demand for streamlined logistics management.
2. Logistics and Warehousing - Byrd's expansion requires a partnership with, or development of, innovative logistics and warehousing solutions.
3. Marketing and Branding - Byrd's brand-focused approach highlights the need for e-commerce marketing and branding solutions that focus on the customer experience.