Narvar Raises $22M

What does Narvar do?
Narvar, is the premium post purchase experience platform. It is the complete platform of delivery and shipping solutions for retailers. The company believes that a good customer experience should not end once a purchase is made. Customers want convenient shipping, tracking and return options. Not just that, customers expect a seamless experience throughout the journey of shopping across different devices and applications. With this company, retailers can convert one time shoppers into lifelong brand advocates. The company aims at enabling convenient shopping experiences, when, how and where customers want. Their approach is creating turnkey SaaS solutions which are equally beautiful, intuitive and engaging. By leveraging their technology, brands can respond quickly to customers without seperating integrations with the ever growing ecosystem of small package carriers, couriers, freight carriers, 3PLs, consolidators and regional logistics vendors.
How much Narvar was funded?
The company raised $22M in Series B on June 23, 2016 from Commerce Ventures, Alex Bard, RiverPark Ventures, Accel, Battery Ventures, Freestyle Capital and Fung Capital USA.
Previous funding
$2M on June 1, 2014 from Semil Shah, RiverPark Ventures, Commerce Ventures, Freestyle Capital, Crosscut Ventures and Haystack
$10M in Series A on August 27, 2015 from Freestyle Capital, RiverPark Ventures, Accel, High Alpha, Commerce Ventures, Specialized Types and Crosscut Ventures.
What is next about Narvar?
The company has announced a 3 fold customer growth with its new customers including Bass Pro Shops, Marcus and NET-A-PORTER. In Conjunction with the financing, Roger Lee will join the company’s board of directors. The company plans on using the latest funding for doubling down on its marketing and sales, accelerating its new product development and solidfying customer success efforts as the company works on being the industry standard for leading retail brands.
More about Narvar
Narvar was founded in 2012 by Amit Sharma. It has its headquarters in San Bruno, California.