Last mile delivery firm Onfleet snags $14 million in Series A
The delivery and convenience tech stack keeps expanding and the money keeps coming. Onfleet, a B2B software-as-a-service delivery enabler, is the latest with a $14-million series A investment round led by Kennet Partners.
The San Francisco-based company handles the last-mile delivery logistics, helping companies that want to do their own deliveries but with all the tools of a high-tech institution. Onfleet doesn’t provide drivers, generate demand or enable orders. Instead, it is laser focused on helping in-house drivers get to the customer as efficiently as possible.
“We take care of everything from dispatching to routing, when the order comes from an ecommerce system, we take it from there. Plan the routes, direct the drivers, track the drivers via their device and collect proof of delivery from the field,” said Onfleet co-founder and CEO Khaled Naim. “We power that seamless customer experience.”
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