Onfleet is a San Francisco-based delivery software company, specializing in

last mile Last mile may refer to: * Last mile (telecommunications), the final leg of the telecommunications networks that deliver services to retail end-users * Last mile (transportation), the final leg the movement of people and goods from a transportation ...

delivery. Its customers include

Sweetgreen Sweetgreen (legally Sweetgreen, Inc., stylized as sweetgreen, previously swɘetgreen) is an American fast casual restaurant chain that serves salads. It was founded in November 2006 by Nicolas Jammet, Nathaniel Ru, and Jonathan Neman. In August ...

, Kroger and

Total Wine & More Total Wine & More is a family-owned privately held American alcohol retailer founded and led by brothers David and Robert Trone. The company was named Retailer of the Year by ''Market Watch'' in 2006, ''Beverage Dynamics'' in 2008, and ''Wine En ...

. A number of publications, including ''Inc.'' magazine and TechCrunch, have called the company " Uber for delivery". Software designed by the company allows a retailer to communicate with delivery drivers while providing services such as optimizing routes and allowing customers to track deliveries. The company provides software as a service for delivery businesses, charging a monthly fee for using their software. A small number of deliveries are free, and the company's largest clients perform over 100,000 deliveries a month. Onfleet also helps businesses outsource delivery couriers, using the platform as a collaboration tool. Onfleet has clients in over 50 countries. As of 2020, 75% of the company's business is done in North America.

History

The company was founded in 2012 by group of

Stanford University Stanford University, officially Leland Stanford Junior University, is a private research university in Stanford, California. The campus occupies , among the largest in the United States, and enrolls over 17,000 students. Stanford is consider ...

students: David Vetrano, Mikel Carmenes Cavia and Khaled Naim. In April 2015, they received $2 million of funding from a number of

angel investor An angel investor (also known as a business angel, informal investor, angel funder, private investor, or seed investor) is an individual who provides capital for a business or businesses start-up, usually in exchange for convertible debt or owners ...

s, including Stanford University's own

business accelerator Startup accelerators, also known as seed accelerators, are fixed-term, Cohort (educational group), cohort-based programs, that include mentorship and educational components and culminate in a public sales pitch, pitch event or demo day. While tradi ...

program

StartX StartX is a non-profit startup accelerator and founder community associated with Stanford University. It was founded by Cameron Teitelman and Dan Ha in 2011. It began as a spin-off of Stanford Student Enterprises, the non-profit financial a ...

. The idea of the company evolved from Addy, a simple address resolution app created by Khaled Naim that was intended to simplify navigation in the cities of the Middle East, where, according to him, addresses "are either nonexistent or very difficult to communicate." The app allowed a short link to be passed to the addressee that opened a map showing the route to the destination, and notes about the route. In January 2014, the app was used in over 25 countries. In 2019, it was named 124th of "most successful companies" in a list compiled by

Inc. magazine ''Inc.'' is an American business magazine founded in 1979 and based in New York City. The magazine publishes six issues per year, along with surrounding online and social media content. The magazine also produces several live and virtual events y ...

. The San Francisco Business Times named it 13th in its list of 100 fastest growing businesses of San Francisco. With the onset of COVID-19 pandemic, the company offered its platform for free to pandemic first responders, including those delivering lab samples, medicines and medical equipment. The company also started offering contact-less delivery. In the first weeks of April 2020, the number of deliveries increased 35% compared to the previous month, to over 100,000 deliveries per day. The profits have also grown due to legalization of cannabis in a number of US states; since the onset of the pandemic, the number of alcohol and cannabis related deliveries increased fourfold. The company received $14 million from the investors Aat the end of 2020, in Series A round of funding, and $23 million in Series B round of funding in June 2022.{{cite web , url=https://www.freightwaves.com/news/onfleet-raises-23m-to-grow-last-mile-software-platform , title=Onfleet raises $23M to grow last-mile software platform , publisher=Modern Shipper , date=2022-06-07 , author=Jack Daleo , language=en

References

2012 establishments in California American companies established in 2012 Companies based in San Francisco Location-based software Transport companies established in 2012