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Veho's mission is to reinvent shipping and returns.
Over 2 million online merchant ship over 165 billion packages to doorsteps across the United States every year. Every one of those deliveries represents a potential difference between happy customers willing to purchase again and refer friends, and a WISMO ("where is my order?!") catastrophe.
Veho is seeking to turn those deliveries from a risk into an opportunity for online brands. The next-day delivery platform leverages a gig economy workforce and its modern communication platform to create a greatly improved last-mile logistics experience for brands and their customers.
Now that the company has been able to build out an impressive technology platform - think optimized routes and driver-customer communication channels - it is now seeking major geographic expansion.
The company is facing competition from both traditional delivery companies like FedEx as well as newer venture-backed attempts to disrupt the space like Deliverr. However, its already impressive economies of scale and customer experience means it is well positioned to dominate the market in the coming years.
Freddie
Company Specialist at Welcome to the Jungle
Feb 2022
$170m
SERIES B
Dec 2021
$125m
SERIES A
This company has top investors
Itamar Zur
(CEO)Previously Sales & Customer Success Manager at Monday.com. Before that, worked as a Brand Manager at Procter & Gamble. MBA graduate from Harvard Business School.
Fred Cook
(CTO)Previously VP Marketing of P4P Marketing. Before that Co-Founded and was CEO of Gondola. Prior to that, co-founded and was CEO of OneMove, a deliver and transportation company.