Portless, a U.S.-based global e-commerce fulfillment company, announced the closing of its latest funding round at $18 million. The funding round was led by Commerce Ventures, with participation from eGateway Capital, Ground Up Ventures, and FJ Labs. This funding will advance 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.
How the funding will be used: The new capital will enable Portless to
1.) Expand its fulfillment network to additional global hubs, enhancing its ability to serve U.S. and European e-commerce brands.
2.) Invest in cutting-edge technology to further optimize supply chain operations.
3.) Scale its team to meet the growing demand from U.S. and European brands seeking innovative fulfillment solutions.
The funding comes at a notable 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 enhance profitability, improve cash flow, and boost customer satisfaction.
This approach delivers transformative results, including:
1.) Drastically improved cash flow
2.) Eliminated wasted inventory
3.) Delighted customers with branded, high-end packaging and a domestic delivery experience
Recognizing the potential to help other brands achieve similar success, Rosenzweig opened Portless’s supply chain solution to the broader e-commerce community. And Portless enables hundreds of founders and entrepreneurs to streamline their operations, reduce costs, and scale their businesses globally – even in the face of rising tariffs and regulatory changes – while achieving 300% year-over-year growth.
KEY QUOTES:
“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.”
Matt Nichols, General Partner at Commerce Ventures
“This funding is a testament to the incredible work our team has done to redefine global e-commerce fulfillment. We’re excited to accelerate our growth, expand our reach, and continue delivering unparalleled value to U.S. and European brands as they navigate an increasingly complex global market.”
Izzy Rosenzweig, Founder and CEO of Portless
