Roadie

Roadie

Crowdsourced same-day delivery logistics platform

About Roadie

Simplify's Rating
Why Roadie is rated
B+
Rated B on Competitive Edge
Rated A on Growth Potential
Rated B on Rating Differentiation

Industries

Automotive & Transportation

Consumer Goods

Company Size

201-500

Company Stage

Series C

Total Funding

$83.7M

Headquarters

Atlanta, Georgia

Founded

2014

Overview

Roadie provides a crowdsourced delivery platform that connects everyday drivers with individuals and businesses needing same-day delivery services across the United States. The platform operates on an "on-the-way" delivery model, allowing drivers to pick up and deliver packages along their existing travel routes. This approach not only speeds up delivery times but also makes efficient use of transportation resources, reducing the need for additional delivery vehicles and minimizing environmental impact. Roadie serves a diverse clientele, including small businesses and large enterprises, and offers various delivery solutions such as home delivery and express air delivery. With a network of drivers covering over 20,000 zip codes, Roadie is the largest local same-day delivery provider in the country. The company's goal is to create a more connected and efficient delivery system by transforming everyday travel into a public transportation grid for packages.

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Simplify's Take

What believers are saying

  • Partnerships with Spirit Halloween and Parts Town expand Roadie's market reach.
  • RoadieXD(TM) and Roadie Direct™ enhance service offerings for oversized and warehouse deliveries.
  • 80% of companies report increased revenue with Roadie's same-day delivery services.

What critics are saying

  • Alleged gig worker protection violations in Seattle could harm Roadie's reputation.
  • Increased competition from same-day delivery services may pressure Roadie's market position.
  • Logistical challenges with RoadieXD(TM) may require significant investment for seamless operations.

What makes Roadie unique

  • Roadie leverages unused capacity in passenger vehicles for efficient delivery.
  • Roadie's extensive driver network covers over 20,000 zip codes in the U.S.
  • Roadie offers a unique 'on-the-way' delivery model reducing environmental impact.

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Funding

Total Funding

$83.7M

Below

Industry Average

Funded Over

3 Rounds

Series C funding is usually for startups that are doing well and are looking for more money to fuel major growth, such as acquiring other companies, expanding into global markets, or launching new product lines. Investors typically include larger venture capital firms and private equity.
Series C Funding Comparison
Below Average

Industry standards

$50M
$40M
Figma
$50M
Medium
$62M
SeatGeek
$100M
Oura

Benefits

Health Insurance

401(k) Company Match

401(k) Retirement Plan

Flexible Work Hours

Unlimited Paid Time Off

Home Office Stipend

Paid Sabbatical Leave

Company News

NJBIZ
Nov 20th, 2024
Benjamin Moore, Roadie ramp up delivery partnership

Benjamin Moore & Co. is working with Roadie, a logistics management and crowdsourced delivery platform owned by UPS, to enhance its same-day delivery capabilities.

Chain Store Age
Oct 9th, 2024
Spirit Halloween to open 10 Christmas stores; launches new delivery partnership

In addition to launching its Spirit Christmas concept, Spirit Halloween has announced a new partnership with Roadie which will offer same-day delivery from over 800 locations.

DC Velocity
Aug 21st, 2024
New Report Reveals Retailers Limit Oversized Deliveries as Demand Grows

In June, Roadie introduced RoadieXD(TM), a nationwide network of cross-docks, to enable retailers to offer same-day delivery for almost anything of any size.

Coverage
May 29th, 2024
Stride Partners With Roadie

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Business Wire
May 21st, 2024
Parts Town Expands Same-Day Delivery Reach: 50-Mile Radius Now Available In 130 Locations

ADDISON, Ill.--(BUSINESS WIRE)--Parts Town, the technology innovator and market-leading distributor of original equipment manufacturer (OEM) foodservice equipment parts, today announced an expanded delivery radius for its Same Day Delivery service, now covering a radius of 50 miles, increased from the previous 20 miles, from over 130 Parts In Town® locations across the United States. This expansion comes as a result of a strategic partnership with Roadie, a UPS company that specializes in logistics management. Roadie is a crowdsourced delivery platform that offers businesses fast, flexible, and asset-light logistics solutions for last-mile delivery. The partnership enables Parts Town customers to access genuine OEM replacement parts quicker and easier through same-day delivery via Parts In Town®. Available products include foodservice equipment parts, residential appliance parts, HVAC parts, and other related products. Inventory stocked at Parts Town’s largest distribution center in Addison, Illinois, will also be available under the Same Day Delivery expansion

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