Frisbo Efulfillment SA

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Frisbo Efulfillment SA - overview

Established

2014

Location

Brasov, -, Romania

Primary Industry

Logistics & Distribution

About

Frisbo Efulfillment SA specializes in providing efficient e-commerce fulfillment solutions across Europe, enabling businesses to manage orders seamlessly while ensuring timely deliveries and enhanced supply chain efficiency. Founded in 2014 in Brasov, Romania, Frisbo Efulfillment SA is dedicated to optimizing order fulfillment processes for e-commerce businesses. The company has successfully completed two investment rounds, with the latest being a Seed round in December 2021, raising USD 2. 0 mn led by Eleven Ventures and including participation from investors such as GapMinder Venture Partners and Roca X.


Bogdan Colceriu, one of the founders, serves as the CEO and has a history of entrepreneurship. Frisbo offers a comprehensive e-commerce fulfillment solution designed to streamline order management and enhance supply chain efficiency for businesses selling across Europe. Their core product is an integrated platform that synchronizes inventory and order processing across multiple sales channels, enabling businesses to fulfill orders from various fulfillment centers strategically located throughout Europe. This service allows clients, ranging from leading brands to smaller retailers, to benefit from next-day delivery capabilities while reducing shipping costs and enhancing customer satisfaction.


Frisbo's fulfillment network is particularly focused on cross-border e-commerce, ensuring timely and secure delivery to customers in 30+ countries, including but not limited to Germany, France, Italy, and Spain. By automating the logistics process, Frisbo addresses the common challenges of inventory management and order fulfillment, allowing businesses to focus on growth and sales. In the most recent year, Frisbo reported a revenue of USD 1,797,003. 20 with an EBITDA of USD 4,190,997.


40. The company operates on a scalable pricing model, allowing clients to pay only for the services they require. Revenue is generated through a combination of fulfillment services and logistics management, which includes negotiating competitive shipping rates and handling complex delivery issues for clients. Each order processed typically involves a picking and packing service, followed by the issuance of branded invoices and tracking information for end users.


Frisbo Efulfillment SA plans to utilize the USD 2. 0 mn raised in the Seed round for further expansion in Europe and development of new product features designed to enhance their fulfillment platform. The company aims to expand its operations into additional European markets, focusing on key regions such as Scandinavia and the Benelux by 2023, to better serve their growing client base. Through these initiatives, Frisbo intends to enhance its service offering and increase market penetration.


Current Investors

Eleven Ventures, GapMinder Venture Partners, Roca X

Primary Industry

Logistics & Distribution

Sub Industries

Warehouses, Freight Transportation Services, Packaging, Logistics Software

Website

www.frisbo.eu

Verticals

E-commerce

Company Stage

Angel & Seed

Total Amount Raised

Subscriber access only

Frisbo Efulfillment SA - financials

Fiscal Year EndedDec 31, 2016Dec 31, 2017Dec 31, 2018Dec 31, 2019Dec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024
Revenue (USD)1,148,5031,494,0991,654,9542,153,5644,255,6987,473,667---
% Revenue Growth (YoY)-30.1%10.8%30.1%97.6%75.6%---
EBITDA (USD)(24,340)(549,843)(1,777,507)(2,531,840)(3,173,818)(1,840,805)---
Operating Income (USD)(24,340)(549,843)(1,777,507)(2,531,840)(3,173,818)(1,840,805)---
Operating Margin(2.1%)(36.8%)(107.4%)(117.6%)(74.6%)(24.6%)---
% EBITDA Margin(2.1%)(36.8%)(107.4%)(117.6%)(74.6%)(24.6%)---
NET Income (USD)(24,340)(554,613)(1,781,249)(2,531,840)(3,173,818)(1,840,805)---
% Net Margin(2.1%)(37.1%)(107.6%)(117.6%)(74.6%)(24.6%)---

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