Onfleet Company Research Report

Company Overview

• Name: Onfleet, Inc.

• Mission: To power the future of commerce by enabling businesses of all sizes to move goods more efficiently and delightfully.

• Founded: 2015

• Founders: A Stanford business school student, a Stanford computer science dropout, and a University of New Brunswick computer science graduate.

• Key People: Khaled Naim (Co-Founder and CEO), Andrew Travis (Chief Operating Officer), Scott Cross (Chief Financial Officer).

• Headquarters: San Francisco, California, USA

• Number of Employees: Information not explicitly available.

• Revenue: No information is available.

• Known For: Onfleet specializes in logistics management software for last-mile delivery, providing an easy-to-use solution for route optimization, dispatching, and analytics. It serves industries like courier, food and beverage, grocery, pharmacy, retail, and more.

Products

Onfleet Last Mile Delivery Platform

• Description: A comprehensive delivery management software designed to manage the complexities of last mile delivery.

• Key Features:

• Advanced route optimization, leveraging AI for improved delivery times.

• Real-time tracking of fleets and predictive ETAs.

• Automated dispatching and SMS notifications for end-users.

• Proof-of-delivery and feedback collection tools.

• Seamless integration capabilities with platforms like Shopify and Square.

• SOC2 compliance ensuring high security standards.

• Marketplaces support for Out-of-box integrations and bespoke API integration for custom needs.

Onfleet Courier Suite

• Description: A dedicated solution to streamline courier operations.

• Key Features:

• Tailored functionalities that help couriers scale and stay competitive.

• Provides analytics and reporting mechanisms for performance evaluation.

Recent Developments

• Recent Funding and Expansion:

• Raised $23 million in Series B funding led by Kayne Partners.

• The funds are being used to expand engineering capabilities, enhance product offerings, and focus on enterprise solutions.

• New Features and Integrations:

• Introduced Onfleet’s New Courier Suite, enhancing delivery operations for couriers.

• Developed integrations with platforms such as Shopify, facilitating seamless e-commerce operations.

• Announced the release of an ROI Calculator for potential and current customers.

• Partnerships:

• Collaborated with Fairmatic for integrating driver analytics to reduce insurance rates.

• Partnered with Pachama for an environmental initiative to offset carbon emissions through reforestation and old forest protection programs.

• Enterprise Enhancements:

• Expanded enterprise-grade delivery system with scalable plans supporting advanced needs and operations

Notes

• Information about specific recent awards, the exact number of employees, and detailed revenue figures were not found in the data provided.

• Continuous growth was indicated in the number of deliveries and company expansions in various stages.

This comprehensive report outlines Onfleet's current standing and strategic movements, focusing on their mission, product offerings, and their approach to integrate technology into efficient last-mile delivery services.