Stanford-StartX Fund-backed Onfleet has now raised $20m to date after securing series A funding to grow its last-mile delivery business.
Onfleet, a US-based last-mile logistics software developer backed by Stanford-StartX Fund, has secured $14m in a series A round led by growth equity firm Kennet Partners.
Founded in 2015, Onfleet provides geopositioning-enabled software used by more than 1,000 enterprises to manage the last-mile delivery of goods supplied through their existing logistics network.
Onfleet will put the funding into a recruitment drive as it seeks to broaden its product offering and expand into overseas markets. Javier Rovas, managing director…
