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Venture Capital News: Onfleet Raises $14M in Series A Funding

2020-10-30
SAN FRANCISCO, CA, Onfleet has raised $14 million in Series A funding led by Kennet Partners.
Onfleet, a provider of last mile delivery management software, has raised $14 million in Series A funding. The round was led by Kennet Partners and will allow Onfleet to continue broadening its product offerings and expanding its global footprint.

The investment round was oversubscribed, and brings Onfleet's total funding raised to $20 million since inception.

Launched in 2015, Onfleet is a provider of last mile delivery management software. The company powers hundreds of thousands of deliveries per day in more than 90 countries. Onfleet connects businesses, dispatchers and recipients in real time to simplify the last mile experience, resulting in increased operational efficiencies and consistent cost savings of 50% for customers.
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