Veho

Veho

Last-mile delivery service for e-commerce

About Veho

Simplify's Rating
Why Veho is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Rating Differentiation

Industries

Data & Analytics

Automotive & Transportation

Company Size

501-1,000

Company Stage

Series B

Total Funding

$295.1M

Headquarters

New York City, New York

Founded

2016

Overview

Veho focuses on last-mile delivery, providing services primarily for e-commerce businesses to improve their shipping experience. The company picks up parcels and sorts them into efficient delivery routes, using crowdsourced drivers to ensure timely delivery with real-time updates for customers. Veho differentiates itself with a 99.9% on-time delivery rate and a high customer satisfaction rating of 4.9 out of 5. The goal is to offer a reliable and customer-centric delivery service while maintaining competitive pricing through a scalable platform.

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Simplify's Take

What believers are saying

  • Expansion into Columbus and Detroit increases market share and brand recognition.
  • Partnership with ClearJet enhances technological capabilities and customer satisfaction.
  • Deborah Surrette's appointment strengthens market growth strategy and business development.

What critics are saying

  • Increased competition from FedEx and UPS threatens Veho's market share.
  • Economic downturns may reduce demand for Veho's delivery services.
  • Reliance on crowdsourced drivers may affect service quality during peak seasons.

What makes Veho unique

  • Veho offers a 99.9% on-time delivery rate, surpassing industry standards.
  • The Perfect Placement photo feature enhances customer control over delivery locations.
  • Veho's integration with ClearJet boosts technological capabilities for improved delivery efficiency.

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Funding

Total Funding

$295.1M

Above

Industry Average

Funded Over

4 Rounds

Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.
Series B Funding Comparison
Above Average

Industry standards

$35M
$45M
Linktree
$65M
Substack
$100M
ClickUp
$170M
Veho

Benefits

Competitive salary

Medical, dental, & vision

Equity

Work from anywhere

Growth & Insights and Company News

Headcount

6 month growth

1%

1 year growth

-2%

2 year growth

2%
EBB Logistics
Jan 16th, 2025
Veho Launches New Service

Veho, a leading alternative parcel delivery platform, has launched a Premium Economy service with delivery guarantees within five days.

Accesswire
Oct 31st, 2024
Veho, Tech Platform Disrupting the Logistics Business, Opens Second Flagship Office in Austin, Texas

Veho, tech platform disrupting the logistics business, opens second flagship office in Austin, Texas.

Accesswire
Aug 5th, 2024
Veho Expands Its Last-Mile Delivery Services to Columbus and Detroit

Veho expands its last-mile delivery services to Columbus and Detroit.

MarTech Cube
Apr 18th, 2024
Last-Mile Delivery Key to Future Retail Growth: Incisiv and Veho

Incisiv in partnership with Veho, the company revolutionizing package delivery and returns for the modern economy, released a fresh study, "Catalyzing Growth: How Last-Mile Delivery Drives Revenue, Boosts Loyalty, and Enhances the Bottom-Line."

Yahoo Finance
Mar 12th, 2024
Veho Puts Customers in Control by Launching Industry First Perfect Placement Photo Feature

NEW YORK, NY / ACCESSWIRE / March 12, 2024 / Veho, the company revolutionizing package delivery and returns for the modern economy, announced today the launch of Perfect Placement, an industry-first feature allowing customers to take a photo of their preferred delivery location using the Veho Mobile App available in the iPhone and Android app stores.

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