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Narvar

narvar.com

Founded Year

2012

Stage

Series C | Alive

Total Raised

$64M

Last Raised

$30M | 4 yrs ago

About Narvar

Narvar enables physical goods retailers to offer customers a smooth shipping experience. With Narvar, retailers can provide branded tracking experiences across all carriers. Additionally, retailers are given the ability to drive additional traffic to their website through cross-merchandising and personalized offers.

Headquarters Location

3 East Third Avenue Suite 211

San Mateo, California, 94401,

United States

650-585-9550

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ESPs containing Narvar

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EXECUTION STRENGTH ➡MARKET STRENGTH ➡LEADERHIGHFLIEROUTPERFORMERCHALLENGER
Transportation & Logistics / Supply Chain Tech

Delivery management software helps retailers streamline last-mile logistics whether they are outsourcing all deliveries, owning some of the process, or executing the entire operation.

Narvar named as Leader among 15 other companies, including Onfleet, LogiNext Solutions, and CommerceHub.

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Research containing Narvar

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CB Insights Intelligence Analysts have mentioned Narvar in 5 CB Insights research briefs, most recently on Oct 3, 2022.

Expert Collections containing Narvar

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Narvar is included in 3 Expert Collections, including E-Commerce.

E

E-Commerce

10,025 items

S

Supply Chain & Logistics Tech

5,166 items

Companies offering technology-driven solutions that serve the supply chain & logistics space (e.g. shipping, inventory mgmt, last mile, trucking).

C

Conference Exhibitors

5,302 items

Latest Narvar News

Retailers juggle sustainability, growing cost-cutting mandates

Jan 20, 2023

CFOs are weighing costs more closely — even as they seek to trim the environmental impact of everything from packaging to shipping and return practices. Published Jan. 20, 2023 Jesse Grant via Getty Images With regulations that require detailed disclosures on carbon emissions and climate risk coming, finance executives are weighing how to achieve sustainability targets amid imperatives to reduce costs. Executives speaking at the National Retail Federation conference this week in New York highlighted these competing priorities. With a potential recession looming, CFOs are under pressure to weigh all costs more closely – even as many have sought to trim the environmental impact of everything from packaging to shipping and return practices. “Sometimes being more sustainable does save money … saving energy costs, transportation costs, but sometimes, it does not have a cost advantage, sometimes innovation costs more money,” said Martin Wolf, director of sustainability and authenticity at Seventh Generation in a panel session Monday. Margins matter Retailers committed to sustainability initiatives need to consider the impacts of taking a lower gross margin when investments in sustainability are made, he noted. Another challenge companies face is ensuring consumers are trained to use sustainable products. For example, Burlington, Vt.-based Seventh Generation, a maker of eco-friendly household goods, released a concentrated laundry detergent product that uses less plastic than a standard container, but the company needed to work with suppliers and retailers to ensure consumers felt comfortable using it, Wolf said. Seventh Generation was acquired by Unilever in 2016. Chris Brooks, director of sustainability at Walmart, suggested the path to sustainability is a longer-term process that means working with individual suppliers to ensure they’re equipped to deliver, including developing roadmaps to achieve sustainability goals. The Bentonville, Ark.-based retail giant announced last year that it was more than halfway toward its goal to reduce or avoid 1 billion metric tons (a gigaton) of greenhouse gas emissions from product supply chains by 2030 through its Project Gigaton initiative. More than 4,500 of Walmart’s suppliers have been involved since the initiative’s launch in 2017, according to the company. Streamlining logistics processes Retailers are also working to reduce the environmental impact of product returns. David Sobie, co-founder of PayPal-owned Happy Returns, a logistics firm that works with hundreds of retailers, said the sustainability benefit of streamlining the returns process was a secondary benefit that grew out of a need to improve the customer experience around returns. By getting customers to deliver returned products to third-party drop off locations, Los Angeles-based Happy Returns is able to cut down on packaging by bundling them together in reusable boxes. Others suggest sustainability initiatives might encounter some challenges from pressures to cut costs. Narvar, a San Francisco-based company that offers a returns technology platform for retailers, said early last year some retail clients expressed interest in a tool to measure the carbon footprint of returns processes. More recently, however, cost considerations – particularly alleviating margin pressure – have taken priority, said Anisa Kumar, Narvar’s chief customer officer. “They will do sustainability if it also aligns with those [cost] priorities,” said Kumar. “It's not like people don't want to be sustainable, but … if you have a cost level that's also sustainable, that makes the top of the list.”

Narvar Frequently Asked Questions (FAQ)

  • When was Narvar founded?

    Narvar was founded in 2012.

  • Where is Narvar's headquarters?

    Narvar's headquarters is located at 3 East Third Avenue, San Mateo.

  • What is Narvar's latest funding round?

    Narvar's latest funding round is Series C.

  • How much did Narvar raise?

    Narvar raised a total of $64M.

  • Who are the investors of Narvar?

    Investors of Narvar include Accel, Battery Ventures, Scale Venture Partners, Salesforce Ventures, RiverPark Ventures and 9 more.

  • Who are Narvar's competitors?

    Competitors of Narvar include OPTIMIND, Sorted, Nash, Airmee, Return Logic, Tousfacteurs, Delivery Solutions, FloorFound, Deliverr, Cartwheel and 43 more.

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Seven Senders

Seven Senders is a delivery platform for parcel shipping in Europe. The company connects merchants with local premium parcel delivery companies, enabling them to deliver quickly and cost-effectively, tailored to the needs and requirements of end customers. The customer experience during shipment is complemented by a tracking and monitoring solution. This provides retailers with transparency throughout the entire delivery process.

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