# Roadie

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/roadie

- Industry: Internet
- Headquarters: Atlanta, US
- Website: www.roadie.com
- Total disclosed funding: $72M
- Latest round: Series C (Feb 4, 2019)
- Investors on record: 4

## About

Roadie, Inc. provides same-day delivery services for businesses, specializing in oversized items and enhancing logistics efficiency across various sectors. Their extensive network facilitates timely and reliable deliveries, catering to a wide client base in the U.S.Founded in 2014 in Atlanta, US, Roadie, Inc. specializes in last-mile delivery solutions. The company was co-founded by Kristof Vandenhende, Marc Gorlin, and Yilmaz Akin. Roadie has successfully completed 6 deals, with the most recent funding round occurring on July 14, 2023, raising USD 3.3 mn in a VENTURE ROUND, bringing the total amount raised to USD 3.3 mn. The current CEO is Marc Gorlin.Roadie primarily offers same-day delivery solutions tailored for businesses across various sectors, enabling the delivery of oversized items up to 144 inches and 300 pounds within a 100-mile radius. This service addresses the challenges associated with traditional carriers for large and bulky merchandise, enhancing customer satisfaction. Roadie's delivery options include 2-hour, 4-hour, and end-of-day windows, addressing diverse customer needs. The company boasts an independent network of over 310,000 drivers, allowing it to reach 97% of U.S. households. Its solutions are utilized by retailers, e-commerce businesses, automotive part suppliers, and pharmacies, particularly in urban and suburban markets.Revenue for Roadie is generated through a transactional model that connects businesses directly with customers via its extensive delivery network. The company facilitates transactions primarily on a B2B basis, partnering with various retailers and wholesalers requiring efficient last-mile delivery services. Businesses can choose from several pricing structures based on their delivery needs, including options for high-volume deliveries and specialized services for time-sensitive items. The flagship service, Roadie Same Day®, allows clients to deliver thousands of orders daily while optimizing logistics and reducing costs. Additionally, Roadie supports cross-dock solutions for high-volume businesses, further enhancing delivery efficiency.In July 2023, Roadie, Inc. raised USD 3.3 mn in venture funding from unspecified investors. The company plans to use this funding to scale its platform and engineering teams, which will support the development of new products and enhancements to existing services. Roadie aims to expand its delivery capabilities into new geographical regions and markets, targeting urban areas to accommodate growing demand for efficient delivery solutions.

## Funding rounds

- Series C, Feb 4, 2019, $37M — The Home Depot, Inc., TomorrowVentures
- Series B, Oct 27, 2015, $15M — Stephens Inc., UPS Strategic Enterprise Fund, TomorrowVentures
- Series A, Jan 27, 2015, $10M — UPS Strategic Enterprise Fund, TomorrowVentures
- Series A, Dec 23, 2014, $10M — Stephens Inc., UPS Strategic Enterprise Fund, TomorrowVentures

## Investors

- Stephens Inc. — Series A, Series B
- UPS Strategic Enterprise Fund (https://capitalatlas.ai/funds/ups-strategic-enterprise-fund) — Series A, Series B
- TomorrowVentures (https://capitalatlas.ai/funds/tomorrowventures) — Series A, Series B, Series C
- The Home Depot, Inc. — Series C