Onfleet Raises $23M in Series B Funding

Onfleet

Onfleet, a San Francisco, CA-based provider of a last mile delivery management software platform, raised $23M in Series B funding.

The round was led by Kayne Partners with participation from Savant Growth. Kayne Partner’s Robert Shilton will join Onfleet’s Board of Directors.

The company intends to use the funds to accelerate its technology innovation and expand its product and engineering capabilities to allow businesses around the world launch, optimize and scale their delivery operations.

Led by CEO Khaled Naim, Onfleet is a technology company that helps businesses streamline their delivery operations, route and dispatch efficiently, collect proof of delivery, access comprehensive last-mile analytics, and provide a branded customer experience. The software, which powers millions of deliveries per week for thousands of businesses around the world, includes a web-based dispatch dashboard, drive apps on iOS and Android, real-time tracking and notifications for customers, and an API.

The company serves such companies as Kroger, Total Wine & More, EQ3, Zumiez, and United Supermarkets.

FinSMEs

08/06/2022