Onfleet, a San Francisco, CA-based the leading last-mile delivery management software platform, has announced that it raised $23 million in Series B funding.
The round was led by Kayne Partners with participation from Savant Growth. Kayne Partner Robert Shilton will join Onfleet’s Board of Directors.
The new round will be used to accelerate Onfleet’s technology innovation and expand its product and engineering capabilities to help businesses around the world launch, optimize and successfully scale their delivery operations.
Company: Onfleet, Inc
Raised: $23.0M
Round: Series B
Funding Month: June 2022
Lead Investors: Kayne Partners
Additional Investors: Savant Growth
Company Website: https://onfleet.com/
Software Category: Delivery Last-Mile Solution
About the Company: 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.
Source: https://www.businesswire.com/news/home/20220607005530/en/Onfleet-Raises-23M-Series-B-Funding-to-Help-Businesses-Optimize-and-Scale-Last-Mile-Delivery-Operations