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Delivery startup Bringg used this pitch deck to raise $30 million from the likes of Salesforce and Siemens' Next47

Published by Business Insider on Sat, 09 Jan 2021


<p><img src="https://static4.businessinsider.com/image/5eafbfbf5f726e520d43a343-1148/guy infront of bringg sign.jpeg" border="0" alt="Guy infront of Bringg sign" data-mce-source="Bringg" data-mce-caption="Bringg CEO Guy Bloch"></p><p></p><bi-shortcode id="summary-shortcode" data-type="summary-shortcode" class="mceNonEditable" contenteditable="false">Summary List Placement</bi-shortcode><ul class="summary-list"><li>Delivery software startup Bringg raised more than $30 million in a fundraising round backed by Salesforce and Siemens' investment wing Next47.&nbsp;</li><li>Bank of America analysts have hyped the online delivery sector as being "on fire" due to COVID-19, with retail and logistics giant Amazon seeing sales jump 26% in the first quarter of 2020.&nbsp;</li><li>Bringg's customers are among the biggest companies in the world, including McDonald's and Walmart.&nbsp;</li><li>CEO Guy Bloch said some of Bringg's clients had reported an 800% surge in online deliveries.&nbsp;&nbsp;</li><li>We got an exclusive look at the pitch deck he used to bring investors on board.&nbsp;</li><li><a href="https://www.businessinsider.com/'hprecirc-bullet">Visit Business Insider's homepage for more stories</a>.</li></ul><p>Bringg, the Israeli delivery software startup, raked in more than $30 million in a fundraising round backed by the likes of Salesforce and Next47, the investment arm of Siemens.&nbsp;</p><p>Founded in 2013, Bringg counts major retail and restaurant players among its biggest customers around the world, including Walmart and McDonald's, which use its software to coordinate deliveries.&nbsp;</p><p>Bringg specializes in helping traditional bricks and mortar outlets compete with retail giants like Amazon, by providing ready-to-use software, which allows them to easily track drivers and communicate with customers.&nbsp;&nbsp;</p><p>As COVID-19 puts paid to high-street shopping, CEO Guy Bloch told Business Insider he had seen a surge in demand for online deliverieswith some clients reporting an 800% jump month-on-month.&nbsp;</p><p>Amazon recently revealed its first-quarter sales had <a href="https://markets.businessinsider.com/news/stocks/amazon-q1-earnings-preview-deliveries-revenue-surge-covid-lockdowns-stock-2020-4-1029150052">jumped 26%</a> to $75.5 billion, with Bank of America analysts describing the wider sector as <a href="https://markets.businessinsider.com/news/stocks/amazon-q1-earnings-preview-deliveries-revenue-surge-covid-lockdowns-stock-2020-4-1029150052">"on fire"</a>.&nbsp;&nbsp;</p><p>Failure to pivot to online deliveries has proven lethal to some firms, with the UK discount clothing store Primark's monthly sales <a href="https://markets.businessinsider.com/news/stocks/primarks-monthly-sales-nosedive-from-%C2%A3650m-to-zero-8765292">nosediving</a> from 650 million to 0.&nbsp;</p><p>"As we slowly became more aware of the ways coronavirus was going to impact us, it really only gave our investors more reason to get involved," said Bloch.&nbsp;</p><p>"The total switch to online has been coming for a while, but we are seeing that accelerated right now."&nbsp;</p><p>We got an exclusive look at the pitch deck Bringg used to bring Salesforce and Next47 on board:&nbsp;</p><img src="https://static1.businessinsider.com/image/5ea6b283f242ab774d2718c4-400-300/.jpg" alt="" /><br/><br/><img src="https://static6.businessinsider.com/image/5ea6b297a2fd916f3767d387-400-300/.jpg" alt="" /><br/><br/><img src="https://static6.businessinsider.com/image/5ea6b2aef242ab775b560296-400-300/.jpg" alt="" /><br/><br/><img src="https://static2.businessinsider.com/image/5ea6b2d5f242ab77b33766f4-400-300/.jpg" alt="" /><br/><br/><img src="https://static6.businessinsider.com/image/5ea6b2e2a34b3c715d4b4f53-400-300/.jpg" alt="" /><br/><br/><img src="https://static4.businessinsider.com/image/5ea6b300d553f8698808b148-400-300/.jpg" alt="" /><br/><br/><img src="https://static5.businessinsider.com/image/5ea6b30b4bca6376d46457e2-400-300/.jpg" alt="" /><br/><br/><img src="https://static1.businessinsider.com/image/5ea6b316f242ab77c464c473-400-300/.jpg" alt="" /><br/><br/><img src="https://static1.businessinsider.com/image/5ea6b322f242ab77c67a7b73-400-300/.jpg" alt="" /><br/><br/><img src="https://static6.businessinsider.com/image/5ea6b32ff242ab77c464c474-400-300/.jpg" alt="" /><br/><br/><img src="https://static1.businessinsider.com/image/5ea6b33da2fd916f8b60b0c7-400-300/.jpg" alt="" /><br/><br/><img src="https://static6.businessinsider.com/image/5ea6b3624bca6377073c76b4-400-300/.jpg" alt="" /><br/><br/><img src="https://static1.businessinsider.com/image/5ea6b3854bca63770c728246-400-300/.jpg" alt="" /><br/><br/><img src="https://static3.businessinsider.com/image/5ea6b3934bca6377364f0ec3-400-300/.jpg" alt="" /><br/><br/><img src="https://static1.businessinsider.com/image/5ea6b3a04bca6377364f0ec4-400-300/.jpg" alt="" /><br/><br/><img src="https://static2.businessinsider.com/image/5ea6b3adf242ab77c67a7b77-400-300/.jpg" alt="" /><br/><br/><img src="https://static1.businessinsider.com/image/5ea6b3b9a2fd916f8b60b0cc-400-300/.jpg" alt="" /><br/><br/><img src="https://static5.businessinsider.com/image/5ea6b3df4bca6377557546e5-400-300/.jpg" alt="" /><br/><br/><img src="https://static6.businessinsider.com/image/5ea6b3eef242ab77c67a7b7a-400-300/.jpg" alt="" /><br/><br/><img src="https://static2.businessinsider.com/image/5ea6b3fa4bca63775e1d7953-400-300/.jpg" alt="" /><br/><br/><img src="https://static4.businessinsider.com/image/5ea6b407e61f3474231fbe84-400-300/.jpg" alt="" /><br/><br/><img src="https://static3.businessinsider.com/image/5ea6b4135bd7a56161241933-400-300/.jpg" alt="" /><br/><br/><img src="https://static4.businessinsider.com/image/5ea6b422e61f347434570f93-400-300/.jpg" alt="" /><br/><br/><img src="https://static6.businessinsider.com/image/5ea6b4400fc63967ea072db3-400-300/.jpg" alt="" /><br/><br/>
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