| Founded | 2013 |
|---|---|
| Closed | 2024 |
| Country | Israel |
| Sector | Logistics |
| Collapse type | Mass Layoff Spiral |
| Founder | Lior Sion, Raanan Cohen |
Bringg
"Walmart's delivery OS partner could not survive geopolitical risk and endless enterprise sales cycles."
Cascading layoffs that accelerated the decline
Key Events Timeline
Bringg, a Tel Aviv delivery logistics orchestration platform backed by $120M from investors including Salesforce Ventures and MizMaa Ventures, underwent a significant workforce reduction in 2024 as it struggled to convert major enterprise pilots into recurring revenue.
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