Fintech Startup Grabr Raises $2.7 Million

Grabr completed $2.7 million in seed financing. Six investors contributed to the round, including  SignalFire, FF Angel, NFX Guild, and Global Founders Capital.

Grabr is an international peer-to-peer shopping and delivery marketplace. The company makes it possible for travelers to make money by shopping and delivering products to people all around the world. Grabr aims to allow travelers to bridge gaps in the global shopping market. Shoppers have access to goods that are widely unavailable or expensive in their home countries and travelers can use spare space in their suitcases to deliver the items and earn cash on-the-go.

In its announcement, Grabr said this seed round will help the company scale globally and continue development of its product and user experience.