About Veho
Veho focuses on last-mile delivery services for e-commerce businesses, helping them improve their shipping experience and 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. Packages are sorted into efficient routes and delivered by crowdsourced drivers, who provide real-time updates and delivery photos to customers. Veho aims to offer reliable, technology-driven delivery solutions while maintaining competitive pricing and high service quality.
New York City, New YorkHeadquarters
2016Year Founded
$295.1MTotal Funding
SERIES_BCompany Stage
Data & Analytics, Automotive & TransportationIndustries
501-1,000Employees
Benefits
Competitive salary
Medical, dental, & vision
Equity
Work from anywhere
Risks
Layoffs at Veho may indicate financial or operational challenges.
Crowdsourced driver model may face scrutiny from labor groups and regulators.
Rapid market expansion could strain Veho's resources and logistics.
Differentiation
Veho offers a 99.9% on-time delivery rate, surpassing industry standards.
The Perfect Placement feature allows customers to specify delivery locations with photos.
Veho's crowdsourced driver model optimizes last-mile delivery routes efficiently.
Upsides
Veho's expansion into Columbus and Detroit opens new market opportunities.
The partnership with ClearJet enhances Veho's customer experience and delivery network.
Veho's technology-driven platform supports seamless integration with e-commerce partners.
Funding
Total raised$295.05 M
Latest valuation$1.50 B
StageSERIES_B
EARLY VC
6/30/2020$4
$20.81 M