Veho is a next-generation delivery platform founded in 2016, with the slogan "Reinventing delivery for the e-commerce era." Operating in the transportation, logistics, and delivery industries, Veho is headquartered in the United States. The company has gained significant traction, securing a notable $170.00M Series B investment on 15 February 2022. This investment was led by a consortium of esteemed investors including Mantis VC, Origin Ventures, Bling Capital, Construct Capital, Industry Ventures, General Catalyst, Tiger Global Management, SoftBank Vision Fund, and Plug and Play.
Veho's innovative approach focuses on transforming shipping into a value driver, leveraging purpose-built technology, customer experience excellence, and a scalable delivery network. The company's impressive performance metrics include a 99% on-time delivery rate, a 4.9/5 customer satisfaction score, 71% fewer delivery-related refunds, and a 41% increase in customer lifetime value. With its wide-reaching impact, Veho currently serves 105 million Americans across 44 markets, establishing itself as one of America's leading delivery platforms. Notably, renowned brands such as Sephora, Lululemon, Saks, and Macy's have placed their trust in Veho to optimize their shipping operations and drive a tangible return on investment.
Embodying a dynamic and innovative team ethos, Veho is composed of individuals dedicated to revolutionizing the package delivery landscape by creating exceptional experiences for both customers and drivers. As it continues to expand its influence and enhance the e-commerce delivery experience, Veho presents an intriguing investment opportunity within the rapidly evolving logistics and transportation sector.
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