Homer Logistics, a New York, NY-based provider of local delivery fulfillment solution for businesses, secured $8.5m in Series A funding.
The round was led by Two Sigma Ventures with participation from Lerer Hippeau Ventures, RSE Ventures and Laconia Capital Group.
The company intends to use the funds to expand its research capabilities and technical team.
Led by Adam Price, CEO, Homer Logistics provides a local delivery solution for businesses through the combination of logistics technology and a fully employed fleet of delivery couriers. The company partners with local merchants, ranging from small shops to national brands. The company manages all delivery operations in Manhattan.