Borderfree

Global Ecommerce Platform for U.S. Retailers

Business Software
Acquired by Global-e on Jun 2022
Follow

Company Overview

Snapshot

Founded in December 1999, Borderfree operates with 11–50 employees. The company raised $90.1M across 3 funding rounds from 7 investors. Borderfree was acquired by Global-e in June 2022.

Business overview

Borderfree provides a technology and services platform that enables U.S. retailers to engage with international customers across more than 100 countries. Its platform manages the entire international order lifecycle, including multi-currency pricing, payment processing, landed-cost calculation, customs clearance, global logistics orchestration, and international fraud management. The company serves the e-commerce sector, supporting the international expansion initiatives of leading retail brands without requiring them to expand their own infrastructure.

Strategic signal

In June 2022, Borderfree was acquired by Global-e for $100 million. This acquisition highlights the continued consolidation and strategic importance of cross-border e-commerce solutions, signaling a strong market demand for platforms that simplify international retail operations and expand market reach for U.S. brands.

Log in to access full profile

Company Intelligence Q&A

What is Borderfree's primary business?
Borderfree operates a technology and services platform designed to help U.S. retailers conduct business with international customers in over 100 countries worldwide.
When was Borderfree acquired by Global-e?
Borderfree was acquired by Global-e in June 2022.
Which company acquired Borderfree in May 2015?
Borderfree was acquired by Pitney Bowes in May 2015 for $395 million.
What was a key financial event for Borderfree in March 2014?
In March 2014, Borderfree completed an Initial Public Offering (IPO) on NASDAQ under the ticker BRDR, raising $80 million and achieving a valuation of $487.63 million.
Which investors participated in Borderfree's July 2012 funding round?
In July 2012, Borderfree received funding from investors including Delta Ventures.
Log in to access full profile