Tech Company Financing Transactions

Portless Funding Round

Commerce Ventures, eGateway Capital and FJ Labs participated in a $18 million funding round for Portless. This venture round was announced on 5/31/2025.

Transaction Overview

Company Name
Announced On
5/31/2025
Transaction Type
Venture Equity
Amount
$18,000,000
Round
Undisclosed
Proceeds Purpose
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.

Company Information

Company Status
Private & Independent
Industry
ECommerce
Mailing Address
169 Madison Ave 2156
New York, NY 10016
USA
Email Address
Overview
Portless is a logistics startup that offers fast, direct-to-consumer (DTC) shipping solutions for e-commerce brands. By fulfilling orders directly from its fulfillment center in Shenzhen, China, Portless enables brands to deliver products to customers' front doors within 6--8 days, emulating the rapid shipping model popularized by Shein. The company helps brands improve cash flow, reduce inventory risk, and increase margins by shipping products just days after being manufactured. Portless supports mid-market companies and facilitates small-batch, demand-driven shipping. In May 2025, Portless secured $18 million in Series A funding to expand its services and enhance its supply chain offerings.
Profile
Portless LinkedIn Company Profile
Social Media
Portless Company Twitter Account
Company News
Portless News
Facebook
Portless on Facebook
YouTube
Portless on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Izzy Rosenzweig
  Izzy Rosenzweig LinkedIn Profile  Izzy Rosenzweig Twitter Account  Izzy Rosenzweig News  Izzy Rosenzweig on Facebook


 

 

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