DispatchIt
Latest round
- Series C
Last raised
- Mar 2022
Total raised
- $71M
Investors
- 5
About DispatchIt
DispatchIt, Inc.Founded in 2016 in Bloomington, US, DispatchIt, Inc. operates a last-mile delivery platform designed to enhance logistics efficiency. The company has not undergone significant pivots in its strategy. Its founders, Andrew Leone, Drew Stachnik, and Sean S, previously established their expertise in the logistics sector, contributing to the company’s growth.Dispatch operates as a last-mile delivery platform that combines intelligent delivery orchestration with a fully integrated nationwide delivery network. Their core offerings include an API-driven platform that facilitates intelligent routing, real-time tracking, delivery updates, and seamless integrations with existing systems. This technology ensures end-to-end visibility and control of last-mile logistics for businesses across various sectors, including automotive, HVAC, industrial machinery, building products, paint, plumbing, and solar industries. The company serves a diverse client base, ranging from small enterprises to large corporations across the United States, providing solutions tailored to the specific needs of each industry.Dispatch generates revenue primarily through a service model that includes delivery transactions facilitated by their proprietary platform. Clients engage with Dispatch through service agreements that outline the terms of delivery, often structured around a Master Service Agreement (MSA). This arrangement allows companies to leverage Dispatch's delivery capabilities for their logistics needs, ensuring timely and reliable service. The pricing structure varies based on the volume and nature of deliveries but typically encompasses fees for the logistics services rendered, ensuring that clients receive tailored solutions that align with their operational demands.In March 2022, DispatchIt, Inc. The company plans to utilize these funds to expand into 50 more markets and accelerate the development of its delivery software, enhancing its service offerings and operational capabilities.
Who invested in DispatchIt
5 investors across 4 rounds
See all investors in DispatchIt
Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.
Questions about DispatchIt
Who invested in DispatchIt?
DispatchIt has 5 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has DispatchIt raised?
DispatchIt has raised 4 venture rounds. Sign up free to see how much each round raised and the total.
When did DispatchIt last raise money?
DispatchIt's most recent round on record is a Series C, in Mar 2022.
What does DispatchIt do?
DispatchIt is a internet company.
Where is DispatchIt headquartered?
DispatchIt is headquartered in Bloomington, US.
Which VCs invest in companies like DispatchIt?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back internet companies at DispatchIt's stage. Their profiles are linked below.
VCs backing internet startups at Series C
Raising like DispatchIt? Find the right VCs.
Capital Atlas matches your startup to active investors by stage, sector and region.