Enterprise Leads $40M Investment in Delivery Service

Deliv, a same day delivery service that works with many of the nation’s retailers, announced that industry leading companies across multiple segments, including Clayton Venture Partners, the venture capital arm of Enterprise Holdings, Google, and an unspecified leading automotive manufacturer, have joined its group of investors as part of its recent $40 million Series C funding round.

Existing strategic and financial Deliv investors, including UPS, General Catalyst Partners, The Macerich Company, PivotNorth Capital, RPM Ventures, and Upfront Ventures, also participated in the round.

Deliv’s Series C brings together a broad base of leading technology, automotive, transportation, mall REITs, and logistics companies. The historic investment from such a wide range of strategic investors provides Deliv with support from the companies shaping the future of mobility, logistics, retail, and technology.

Same day delivery is expected to reach $55 billion in the U.S. within the next five years, according to Business Insider Intelligence. Deliv powers over 5,000 retailers and businesses, including many of the nation’s top omnichannel retailers such as Walmart, Macy’s, Best Buy, and The Home Depot. Deliv also partners with leading shopping platforms like Google Shopping Actions and Farfetch, and e-commerce pure plays including FreshDirect, Plated, and The Bouqs Co as well as B2B companies and small businesses across the country.

Originally posted on Auto Rental News