About OnFleet
OnFleet is a company based in San Francisco (United States) founded in 2012 by Mikel Carmenes Cavia, David Vetrano, and Khaled Naim was acquired by GroundTruth in March 2021. OnFleet has raised $44.79 million across 6 funding rounds from investors including GroundTruth, Kennet Partners and Kayne Anderson Capital Advisors. OnFleet offers products and services including Last Mile Delivery Software, Route Optimization, and Driver App. OnFleet operates in a competitive market with competitors including RideOS, OneRail, Get Swift, nuVizz and GreenMile, among others.
- Headquarter San Francisco, United States
- Founders Mikel Carmenes Cavia, David Vetrano, Khaled Naim
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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- Legal Name Onfleet, Inc
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$44.79 M (USD)
in 6 rounds
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Latest Funding Round
$23 M (USD), Series B
Jun 07, 2022
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Investors
GroundTruth
& 15 more
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Employee Count
Not available
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Acquired by
GroundTruth
(Mar 30, 2021)
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Products & Services of OnFleet
OnFleet offers a comprehensive portfolio of products and services, including Last Mile Delivery Software, Route Optimization, and Driver App.
Software for optimizing routes and managing deliveries efficiently.
AI tool for planning efficient delivery routes and reducing costs.
App for drivers to handle assignments and real-time tracking.
People of OnFleet
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Funding Insights of OnFleet
OnFleet has successfully raised a total of $44.79M across 6 strategic funding rounds. The most recent funding activity was a Series B round of $23 million completed in June 2022. 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 OnFleet
OnFleet has secured backing from 16 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include GroundTruth, Kennet Partners and Kayne Anderson Capital Advisors.
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Capital is invested by Savant Growth to fuel company expansion.
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Early-stage startups in tech sectors are funded by Almanac.
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Investor details for OnFleet
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Investments & Acquisitions by OnFleet
Investment portfolio details for OnFleet
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Financial Statements - OnFleet
Detailed financials for OnFleet
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Onfleet Comparisons
Peer comparison for OnFleet
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Competitors of OnFleet
OnFleet 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 RideOS, OneRail, Get Swift, nuVizz and GreenMile, among others.
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Technologies for self-driving vehicle transportation ecosystems are provided.
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SaaS-based last-mile delivery management solutions are provided.
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Software solution for planning and management of delivery operations
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Provides software solutions for managing dispatches and last-mile deliveries.
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Delivery management software suite is provided by GreenMile.
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Detailed competitors of OnFleet
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Latest news on Onfleet
Complete news archive for OnFleet
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Frequently Asked Questions about OnFleet
OnFleet was founded in 2012 and raised its 1st funding round 1 year after it was founded.
OnFleet is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Khaled Naim is the current CEO of OnFleet. They have also founded this company.
OnFleet is a funded company, having raised a total of $44.79M across 6 funding rounds to date.
OnFleet was established in 2012 in San Francisco, United States, within the logistics software sector. Cloud-based solutions are provided to optimize last-mile delivery operations. Route planning, driver assignments, and real-time tracking are facilitated. Metrics including success rates, service times, feedback scores, and distances traveled are monitored. Analytics and custom reports are generated to assess performance across delivery networks.
OnFleet offers Last Mile Delivery Software, Route Optimization, and Driver App.
OnFleet has 16 investors. Key investors include GroundTruth, Kennet Partners, Kayne Anderson Capital Advisors, Savant Growth, and Almanac Insights.