FarEye

Chicago, United States Founded: 2013 • Age: 13 yrs
Last-mile delivery operations are managed through SaaS and AI solutions.
Annual revenue - Latest available
Total funding $152.1M 10 rounds
Employees - Tracked headcount
Investors 55 Known backers
Products 3 Services tracked
Competitors 9 Brand Intelligence

About FarEye

FarEye is a company based in Chicago (United States) founded in 2013 by Gaurav Srivastava, Gautam Kumar, and Kushal Nahata. FarEye has raised $152.06 million across 10 funding rounds from investors including Microsoft, Honeywell and DHL. FarEye has completed 2 acquisitions, including Dipper and PY Technology. FarEye offers products and services including Route Planning, Smart Track, and Execute. FarEye operates in a competitive market with competitors including LetsTransport, RoadCast, ParcelX, RYTLE and WebXpress, among others.

  • Headquarter Chicago, United States
  • Founders Gaurav Srivastava, Gautam Kumar, Kushal Nahata
  • Stage Minicorn
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Fareye Technologies, Inc.
Operational Areas
Transportation, Automotive & Logistics → Supply Chain, Freight & Logistics Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $152.06 M (USD)

    in 10 rounds

  • Latest Funding Round
    $154.8 K (USD), Series E

    Aug 09, 2023

  • Investors
    Microsoft

    & 54 more

  • Employee Count
    Not available
  • Investments & Acquisitions
    Dipper

    & 1 more

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Products & Services of FarEye

FarEye offers a comprehensive portfolio of products and services, including Route Planning, Smart Track, and Execute.

Product name locked
Category locked
Primary

Software for dynamic routing and fleet efficiency optimization.

Product name locked
Category locked
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Platform for real-time tracking and delivery experience enhancement.

Product name locked
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Tools for order fulfillment and network management solutions.

People of FarEye

Headcount 500-1000
Employee Profiles 180
Employee Profiles
People
Kushal Nahata
CEO & Co-Founder
People
Balaji Thiruvengadam
Chief Technology Officer And Executive Director - ANZ
People
Angad Abrol
Vice President Of Growth
People
Asheesh Kumar
Product Manager 2

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Funding Insights of FarEye

FarEye has successfully raised a total of $152.06M across 10 strategic funding rounds. The most recent funding activity was a Series E round of $154.8 thousand completed in August 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in FarEye

FarEye has secured backing from 55 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Microsoft, Honeywell and DHL.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
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Venture capital is invested in global technology companies by TCV.
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Private equity investments are made in technology-enabled growth companies.
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Investor details for FarEye

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by FarEye

FarEye has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Dipper and PY Technology.

Investments
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Investment portfolio details for FarEye

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

Verified entity values are shown only after access is granted.

Acquisitions
Company Name Description Domain Location Founded Year Amount
Online marketplace for freight transport
Locked Locked 2015 Locked
ERP solutions for logistics operations are developed and integrated.
Locked Locked 2010 Locked
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Complete acquisition details for FarEye

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  • Transaction dates
  • Acquired stakes
  • Disclosed values
  • Domains and locations

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Financial Statements - FarEye

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Detailed financials for FarEye

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  • Profit trends
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Fareye Comparisons

FarEye Primary company
Description
Last-mile delivery operations are managed through SaaS and A...
Location
Chicago, United States
Founded Year
2013
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for FarEye

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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  • Headcount comparison
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Competitors of FarEye

FarEye operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as LetsTransport, RoadCast, ParcelX, RYTLE and WebXpress, among others.

Company Name Domain Founded year HQ Location Description
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Platform offering customised logistic solutions to enterprises
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Provider of vehicle telematics and fleet management solutions
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AI and web-based end-to-end shipping management solutions are provided.
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End-to-end software and hardware for last-mile delivery management are provided.
Locked Locked Locked
Cloud-based logistics software solutions are provided for supply chain management.
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Detailed competitors of FarEye

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  • Domains and locations
  • Full company profiles
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Latest news on Fareye

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Complete news archive for FarEye

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about FarEye

FarEye was founded in 2013.

FarEye is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.

Kushal Nahata is the current CEO of FarEye. They have also founded this company.

FarEye is a funded company, having raised a total of $152.06M across 10 funding rounds to date.

FarEye was founded in 2013 and is headquartered in Chicago, United States. Technology solutions focused on last-mile delivery management are provided, including SaaS and AI-driven tools for shipping, routing, tracking, and execution. Operations encompass delivery scheduling, order tracking, end-to-end fulfillment, and revenue management, serving the logistics sector across various geographies.

FarEye's top competitors include LetsTransport, RoadCast and ParcelX.

FarEye offers Route Planning, Smart Track, and Execute.

FarEye has made 2 acquisitions, including Dipper, and PY Technology.

FarEye has 55 investors. Key investors include Microsoft, Honeywell, DHL, KB Investment, and Eight Roads Ventures.

The valuation of FarEye is $392.82M as of Mar 2022.

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