Grabr Raises $3.5M in Funding

grabrGrabr, a San Francisco, CA-based platform for people to have international goods delivered, raised $3.5M in funding.

The round was led by Alexey Repik of RBV Capital with participation from Konstantin Nikolaev of N-Trans Group, as well as multiple angel investors.

The company intends to use the funds to expand their peer-to-peer platform and strengthen the global logistics behind the service, furthering their connection to various markets across the world.

Founded in March 2015 by Daria Rebenok (read our interview here) and Artem Fedyaev, Grabr gives shoppers the chance to obtain consumer goods that are difficult to find online, have high price differentiators between geographic markets, or are found only in specified locations. The community allows people to shop around the world and travelers to profit from the empty space in their suitcases.
The platform spans the globe with reach in the United States, with rising popularity in Southeast Asia, South America, Russia, and Ukraine.

Since its launch, Grabr has connected over 50,000 users being available for free download in the App Store.

FinSMEs

25/08/2016

Join the discussion