Onfleet

SoftwareSeries BSan Francisco, USonfleet.com

Latest round

Series B

Last raised

Jun 2022

Total raised

$42M

Investors

14

About Onfleet

Onfleet, Inc. specializes in last mile delivery software solutions that enhance dispatch and route management for businesses. The company was founded in San Francisco, US, by David Vetrano, Khaled Naim, and Mikel Cavia. Its CEO is Christian Gervais.Onfleet specializes in providing a comprehensive last mile delivery software platform designed to optimize dispatch and route management operations for businesses across various sectors. Their core offerings include advanced route optimization, automated dispatch, real-time fleet tracking, and analytics tools, addressing challenges such as inefficient delivery routes, delayed customer notifications, and high operational costs. The software integrates seamlessly with various applications, including e-commerce platforms like Shopify and Square, allowing clients to customize their workflows efficiently. Onfleet serves thousands of businesses in industries such as courier services, food and beverage, retail, e-commerce, pharmacy, and furniture, operating in over 90 countries worldwide.Onfleet generates revenue primarily through a subscription-based model for its logistics software, which allows businesses to access various features based on their operational needs. This transaction structure is designed for B2B relationships, where clients pay for different service tiers depending on their scale and usage requirements. Larger enterprises may opt for comprehensive packages that include advanced analytics and integrations, while smaller operations might select basic plans focused on core delivery functionalities. The software's pricing structure reflects the value offered through its advanced features, which significantly enhance the user experience for both businesses and their customers.In June 2022, Onfleet, Inc. This initiative may include the development of new products, although specific upcoming launches have not been detailed. Additionally, Onfleet aims to expand its market presence in new geographic regions, targeting areas that align with its growth strategy.

Who invested in Onfleet

14 investors across 5 rounds

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Funding rounds

  1. Series B

    Jun 7, 2022

    Amount

    $23M

    Investors

    Locked

  2. Series A

    Oct 30, 2020

    Amount

    $14M

    Investors

    Locked

  3. Seed

    Nov 16, 2016

    Amount

    $2.6M

    Investors

    Locked

  4. Seed

    Jan 1, 2015

    Amount

    $2M

    Investors

    Locked

  5. Angel

    Sep 23, 2013

    Amount

    $0.3M

    Investors

    Locked

Questions about Onfleet

Who invested in Onfleet?

Onfleet has 14 investors on record across 5 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Onfleet raised?

Onfleet has raised 5 venture rounds. Sign up free to see how much each round raised and the total.

When did Onfleet last raise money?

Onfleet's most recent round on record is a Series B, in Jun 2022.

What does Onfleet do?

Onfleet is a software company.

Where is Onfleet headquartered?

Onfleet is headquartered in San Francisco, US.

Which VCs invest in companies like Onfleet?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Onfleet's stage. Their profiles are linked below.

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