Veho
Founded Year
2016Stage
Series B | AliveTotal Raised
$299.28MValuation
$0000Last Raised
$170M | 3 yrs agoMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
-22 points in the past 30 days
About Veho
Veho is a company focused on reinventing delivery and returns for the e-commerce sector by leveraging modern technology and logistics. The company offers last-mile delivery logistics, next-day and two-day delivery services, and a customer-centric approach to shipping and returns, including a seamless returns experience with doorstep pickup. Veho primarily serves the e-commerce industry. It was founded in 2016 and is based in New York, New York.
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Research containing Veho
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Veho in 2 CB Insights research briefs, most recently on Mar 14, 2023.
Mar 14, 2023 report
Retail Tech 100: The most promising retail tech startups of 2023
Expert Collections containing Veho
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Veho is included in 3 Expert Collections, including Supply Chain & Logistics Tech.
Supply Chain & Logistics Tech
4,397 items
Companies offering technology-driven solutions that serve the supply chain & logistics space (e.g. shipping, inventory mgmt, last mile, trucking).
Unicorns- Billion Dollar Startups
1,244 items
Retail Tech 100
100 items
The most promising B2B tech startups transforming the retail industry.
Latest Veho News
Sep 3, 2024
The partnership with the parcel carrier adds to Flexport’s efforts to strengthen its fulfillment and shipping services. Published Sept. 3, 2024 Listen to the article 2 min This audio is auto-generated. Please let us know if you have feedback . Dive Brief: Parcel carrier Veho is now a last-mile delivery option for shippers using Flexport's fulfillment services, the companies announced last week . Flexport partners with several carriers to offer a variety of shipping speeds for its customers, including the next-day and two-day delivery options Veho offers. Veho currently provides delivery to 44 metropolitan areas, including recent launches in Detroit and Columbus, Ohio . "One of the places that Veho stands out is in highly urban, very dense environments, where some of the more traditional carriers might have higher cost levels," Alex Berry, VP of omnichannel and fulfillment at Flexport. Dive Insight: Flexport is integrated with various e-commerce platforms and retailers, including Amazon, Walmart, Shopify and Shein's marketplace. This large-scale customer base could help Veho further grow its delivery activity for the retail and apparel sectors even in a turbulent parcel market . "We're just in the middle of completing a large expansion in the Midwest area that Flexport clients can enjoy Veho in that market as well," Deborah Surrette, Veho's chief commercial officer, told Supply Chain Dive. "So as we continue to expand, their clients can continue to take advantage of these solutions." How Veho matches up to other carriers Flexport leverages will be key. The logistics platform uses an algorithm to determine the best carrier for a package in terms of destination, shipping speed and cost, Berry said. "If folks are ordering packages in places where it might make the most sense for Veho to deliver to them in terms of geography, in terms of speed, in terms of price, then we would select Veho as that option to deliver that package to that consumer," Berry said. The Veho partnership adds to Flexport's efforts to strengthen its fulfillment and shipping services since acquiring Shopify's logistics arm in 2023 . It has also rolled out its "Flexpedited" service, which dynamically determines delivery speeds based on a seller's inventory position within the Flexport network, according to last week's announcement. Recommended Reading
Veho Frequently Asked Questions (FAQ)
When was Veho founded?
Veho was founded in 2016.
Where is Veho's headquarters?
Veho's headquarters is located at New York.
What is Veho's latest funding round?
Veho's latest funding round is Series B.
How much did Veho raise?
Veho raised a total of $299.28M.
Who are the investors of Veho?
Investors of Veho include Construct Capital, General Catalyst, Industry Ventures, Origin Ventures, Bling Capital and 10 more.
Who are Veho's competitors?
Competitors of Veho include Hive and 4 more.
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Compare Veho to Competitors
Shipmonk is a third-party logistics provider that operates in the ecommerce industry. The company offers a range of fulfillment services, including order, inventory, and warehouse management, as well as shipping solutions. It primarily serves ecommerce businesses, helping them to scale and manage their operations more efficiently. It was founded in 2018 and is based in Fort Lauderdale, Florida.
Dropoff offers a logistic and courier service. The company offers a range of delivery services including same-day, overnight, express, and long-haul deliveries with real-time tracking and confirmations, and pricing solutions. It primarily serves the logistics sector. The company was founded in 2014 and is based in Austin, Texas.
ShipBob develops a technology-enabled third-party logistics (3PL) offering simple and fast e-commerce fulfillment for direct-to-consumer brands. It helps brands to ship orders to their customer's shops. It also offers order and inventory management, warehouse management, predictive data and analytics, and more. The company was founded in 2014 and is based in Chicago, Illinois.
Jitsu is a company focused on expedited urban delivery in the logistics sector. The company offers a technology platform that provides efficient and sustainable deliveries, enabling brands to offer their customers same- and next-day delivery experiences at affordable rates. It was founded in 2015 and is based in Emeryville, California.
OPLOG is a technology company specializing in omnichannel fulfillment services for the e-commerce sector. The company offers comprehensive solutions for B2B and B2C operations, including stocking, picking, packing, shipping, and return management, as well as software and robotic-powered fulfillment. OPLOG's services cater to businesses looking to expand their sales and manage customer expectations through seamless integration and efficient supply chain management. It was founded in 2013 and is based in Ankara, Turkey.
Omnipack focuses on providing logistics solutions for the e-commerce industry. The company offers a range of services including product reception, warehousing, order assembly and packaging, shipping, and return handling. While the company's services are primarily utilized by businesses in the e-commerce industry, they also cater to sectors such as cosmetics, dietary supplements and dry food, fashion, books, and children's toys. It was founded in 2016 and is based in Warsaw, Poland.
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