FarEye Raises $100M in Series E Funding


FarEye, a Chicago, IL-based global delivery management company, raised $100M in Series E funding.

The round wa sled by TCV and Dragoneer Investment Group with participation from Eight Roads Ventures, Fundamentum and Honeywell.

The company intends to use the funds to expand operations and its business reach.

Led by Kushal Nahata, CEO, Gautam Kumar, COO, and Gaurav Srivastava, CTO, FarEye provides a SaaS based low-code, Intelligent delivery management platform for all types of businesses across food, grocery, furniture, pharmacy, and carriers to do deliveries at reduced cost and provide a superior customer experience.

The technology platform is currently used by global enterprises across 30+ countries.

The company also has offices in Milton Keynes, Dubai, UAE, New Delhi, India, and Singapore.