Veho

Reinventing delivery for the e-commerce era.

General Information
Company Name
Veho
Founded Year
2016
Location (Offices)
United States +47
Founders / Decision Makers
Number of Employees
780
Industries
Transportation, Logistics and Delivery
Funding Stage
Series B
Social Media

Veho - Company Profile

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.

Taxonomy: e-commerce delivery, logistics technology, delivery network optimization, brand partnership, on-time delivery, refund management, customer lifetime value, parcel delivery, next-day delivery, supply chain optimization

Funding Rounds & Investors of Veho (5)

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Funding Stage Amount No. Investors Investors Date
Series B $170.00M 9 15 Feb 2022
Series A $125.00M 1 21 Dec 2021
Venture Round $4.16M 2 Ben Braverman 22 Jul 2020
Seed Round Unknown 1 28 Jan 2019
Seed Round Unknown 2 Cold Start Ventures 07 Mar 2017

Latest News of Veho

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No recent news or press coverage available for Veho.

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