The round was led by General Catalyst at a $1 billion valuation. Additional participants include Construct Capital led by Rachel Holt, Bling Capital, Industry Ventures, Fontinalis Partners, and Origin Ventures. The funding will be used to grow the team, expand from 14 to 50 U.S. markets by the end of 2022, and continue to improve and deepen the consumer experience through technology advancement.

Veho is revolutionizing ecommerce logistics with the use of technology that allows for fast, transparent, and personalized deliveries that increase customer satisfaction and drive customer lifetime value. For ecommerce brands, Veho provides a tech-forward and customer-centric delivery option to ensure that the purchase experience extends all the way through product arrival into their customers' hands. By leveraging live customer communication, in-market warehouse locations and a dynamic marketplace to seamlessly match demand for deliveries with last-mile driver-partners, Veho provides ecommerce brands with a complete solution to make delivery their competitive edge. For more information, please visit https://shipveho.com/.