Onfleet Offset

Onfleet raises $23M to grow last-mile software platform

Onfleet building entrance

Once a cost base for businesses, last-mile delivery has gradually transformed from an afterthought into a nearly $200 billion industry. Investors, unsurprisingly, are taking notice.

Bay Area-based Onfleet is the latest last-mile company to pick up a lucrative funding round, raising $23 million in a Series B led by Kayne Partners with participation from existing investor Savant Growth. Onfleet will use the funding to expand its team and enhance its software platform with new technology and...

https://www.freightwaves.com/news/onfleet-raises-23m-to-grow-last-mile-software-platform

Onfleet software helps facilitate over 100M deliveries

Less than six full years after its launch, last-mile delivery management software company Onfleet has facilitated its 100 millionth delivery and said it has doubled its revenue for the sixth consecutive year.

Onfleet offers a routing and dispatch platform with real-time communications and proactive delivery management in 90 countries. The software connects businesses, dispatchers, drivers and end customers in real time.

Clients include Kroger, Sweetgreen, Drizly and Imperfect Foods among others.

“D...

https://www.freightwaves.com/news/onfleet-software-helps-facilitate-over-100m-deliveries

Onfleet to partner with customers on carbon emissions offset program

Onfleet is offering its customers the chance to purchase carbon offsets through a program announced on Earth Day as it seeks to offset more than 100,000 tons of carbon dioxide (CO2) emissions by the end of 2022. The program, Onfleet Offset, is being run with help from carbon credit management company Pachama and will officially start on May 1.

The global provider of last-mile delivery management software said the program will calculate the CO2 emissions of a customer’s delivery operations and,...

https://www.freightwaves.com/news/onfleet-to-partner-with-customers-on-carbon-emissions-offset-program