# BringIt

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/bringit

- Industry: Internet
- Headquarters: San Francisco, US
- Website: www.bringit.com
- Total disclosed funding: $1.6M
- Latest round: Series A (Jul 1, 2010)
- Investors on record: 3

## About

BringIt provides innovative logistical solutions that enhance efficiency in supply chain operations through real-time tracking and management software, catering to a diverse clientele in North America and Europe.BringIt specializes in logistics and supply chain software solutions. The company was founded in the US and is headquartered in San Francisco. It has undergone significant business developments, including its acquisition by International Game Technology in February 2012 for an undisclosed amount. The founder's prior ventures are not publicly detailed. The company has successfully raised a total of USD 1.50 mn, with its latest funding round occurring on February 22, 2012.BringIt specializes in providing technological solutions that streamline logistics operations. Their core offering is a comprehensive software platform that integrates logistics functions, allowing for real-time tracking, inventory management, and route optimization. This platform is designed for businesses aiming to enhance efficiency and reduce operational costs, addressing challenges such as delayed shipments. Their client base includes large manufacturing firms, retail chains, and third-party logistics providers, primarily across North America and Europe, with products gaining traction for improving visibility and control over supply chain processes.BringIt generates revenue through a subscription-based model for its software services. Clients engage in annual contracts, featuring service level agreements to ensure optimal performance. The revenue structure supports both B2B and direct-to-consumer sales, fostering partnerships with larger corporations and catering to smaller businesses. The pricing of flagship offerings, which include advanced analytics and predictive modeling tools, is based on specific features and usage scale, facilitating long-term relationships with clients and aiding in customer acquisition across targeted markets.BringIt aims to expand its market presence significantly. Their strategy includes the development of new software features and tools that are slated for release in the upcoming quarters. The company is targeting further expansion into European markets, with plans to establish a stronger foothold by the end of 2023. The funding received will be utilized to support these initiatives, particularly in enhancing product development and market outreach.

## Funding rounds

- Series A, Jul 1, 2010, $1.6M — Blumberg Capital, Seraph Group, Ergo Media Capital

## Investors

- Blumberg Capital (https://capitalatlas.ai/funds/blumberg-capital) — Series A
- Seraph Group (https://capitalatlas.ai/funds/seraph-group) — Series A
- Ergo Media Capital — Series A