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About Veho
Industries
Data & Analytics
Automotive & Transportation
Company Size
501-1,000
Company Stage
Series B
Total Funding
$303.3M
Headquarters
New York City, New York
Founded
2016
Overview
Veho focuses on last-mile delivery services for e-commerce businesses, enhancing their shipping experience to build customer loyalty. The company uses a flexible platform that adapts to delivery demands, achieving a 99.9% on-time delivery rate and a customer satisfaction rating of 4.9 out of 5. Veho employs crowdsourced drivers to deliver packages along optimized routes, providing real-time updates and delivery photos to customers. By partnering with e-commerce companies and offering competitive pricing through its technology-driven approach, Veho aims to deliver reliable, next-day parcel service.
Simplify's Take
What believers are saying
- Veho's expansion to 50 U.S. markets increases its national reach and customer base.
- Partnership with Shippo offers access to 300,000 e-commerce brands, boosting delivery volume.
- AI-driven route optimization aligns with Veho's efficiency and cost-reduction goals.
What critics are saying
- Increased competition from FedEx and UPS in last-mile delivery poses a threat.
- Rapid expansion may challenge Veho's ability to maintain high customer satisfaction.
- Dependence on crowdsourced drivers could lead to inconsistent service quality.
What makes Veho unique
- Veho boasts a 99.9% on-time delivery rate, leading the industry.
- The company uses crowdsourced drivers for flexible, optimized last-mile delivery routes.
- Veho's technology-driven platform offers real-time tracking and seamless client integration.
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Funding
Total Funding
$303.3M
Above
Industry Average
Funded Over
4 Rounds
Tiger Global
General Catalyst
SoftBankIndustry standards
Benefits
Competitive salary
Medical, dental, & vision
Equity
Work from anywhere
Growth & Insights and Company News
6 month growth
↑ 1%1 year growth
↑ 0%2 year growth
↑ 0%By integrating Veho's logistics into Shippo's platform, brands gain access to:
Over 3.4 Million Shippo E-Commerce Orders Per Year Expected to Be Delivered Through VehoNEW YORK, April 1, 2025 /PRNewswire/ -- Veho, the logistics and technology company that operates one of the largest parcel delivery platforms in the U.S., and Shippo, the leading shipping platform for modern e-commerce, today announced the launch of competitively-priced 2-5 day, premium delivery for over 300,000 e-commerce brands
Tech-Centric Parcel Delivery Platform Now Serves 50 U.S. Markets NationwideNEW YORK, March 18, 2025 /PRNewswire/ -- Veho, the logistics and technology company that operates one of the largest parcel delivery platforms in the U.S., today announced the expansion of coverage to New York City, becoming the 50th market it serves nationwide.As of today, Veho's platform has begun serving consumers in Queens, the Bronx, Upper Manhattan and Staten Island, and plans to cover the entire city in the future. Veho is now serving 5 million people in the New York City region and 113 million nationwide
Veho, a U.S. parcel delivery provider, has expanded coverage to New York City.
Veho, a New York-based company that provides shipping and logistics for retailers, has expanded to Richmond.
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About Veho
Industries
Data & Analytics
Automotive & Transportation
Company Size
501-1,000
Company Stage
Series B
Total Funding
$303.3M
Headquarters
New York City, New York
Founded
2016
There are no jobs for Veho right now.
Find jobs on Simplify and start your career today
People Also Viewed
Discover companies similar to Veho