Essential supply chain cog has taken on added importance during pandemic
Onfleet, a provider of last-mile delivery management software, has raised $14 million in Series A funding to meet rising customer demand.
According to the San Francisco-based company, it added hundreds of new customers this year and has doubled its year-over-year overall delivery volume, as COVID-19 has rapidly accelerated retail’s transition to online, delivery-centric models. The company says it has powered more than 80 million deliveries to over 90 countries for clients including several pharmacies. This investment round brings Onfleet’s total funding raised to $20 million since inception.
The company’s routing and dispatch platform allows for real-time communications and delivery management. Particularly amid the continuing global COVID-19 pandemic, there has been increasing attention paid to last-mile logistics in the pharma supply chain, and the use of new technology to expand care access in remote areas.