Local delivery app Roadie has launched with $10m of funding from backers including logistics service UPS.

US-based delivery mobile app startup Roadie launched yesterday with $10m of series A funding from investors including UPS Strategic Enterprise Fund, the investment arm of logistics company UPS.

The round was led by Warren Stephens, the CEO of boutique investment bank Stephens, and included participation from private investors Alan Schwartz and Jim McKelvey.

UPS and Stephens were previously investors in online lending company Kabbage, the last business formed by Roadie’s CEO and founder Marc Gorlin.

Roadie, which has been compared…