Portless, a U.S.-based innovator in global e-commerce fulfillment, announced the successful closing of its latest funding round, raising $18 million. The round was led by Commerce Ventures, with participation from eGateway Capital, Ground Up Ventures, and FJ Labs. This investment will fuel Portless’s mission to transform the direct-to-consumer (DTC) industry by addressing critical pain points for U.S. and European brands navigating rising tariffs, regulatory changes, and supply chain inefficiencies.
Matt Nichols, General Partner at Commerce Ventures said “Portless is powering a revolution in the retail industry by helping DTC brands utilize the direct ship model that has historically only been available to a few of the largest retailers. In a time of confusing tariffs and regulatory restrictions, brands need this help more than ever. Portless is a game-changer for the DTC industry, and we’re excited to support their growth and vision.”
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The new capital will enable Portless to:
- Expand its fulfillment network to additional global hubs, enhancing its ability to serve U.S. and European e-commerce brands.
- Invest in cutting-edge technology to further optimize supply chain operations.
- Scale its team to meet the growing demand from U.S. and European brands seeking innovative fulfillment solutions.
The investment comes at a pivotal time for the DTC industry, as new tariffs on international shipping to the U.S. and the discontinuation of de minimis trade exemptions create unprecedented challenges for e-commerce brands. Portless is uniquely positioned to help brands navigate these changes, offering solutions that improve profitability, cash flow, and customer satisfaction.
Source: PRweb
