Last-mile delivery firms AxleHire, Swyft secure $37.5M in combined funding

Two last-mile delivery firms have secured millions in investment funding as money continues to flow into the space.

On Wednesday, AxleHire announced it had closed a $20 million Series B funding round led by Ajax Strategies. Also Wednesday, Swyft announced it had secured a $17.5 million Series A round co-led by Inovia Capital and Forerunner Ventures.

AxleHire is based in Emeryville, California, and offers same-day and next-day delivery service. The new funding, which includes participation from...

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