Veho Receives $170M Series B Financing Round
Summary
NEW YORK, NY, Veho, a technology company that is revolutionizing package delivery, today announced a $170 million Series B round. The round was led by Tiger Global with SoftBank Vision Fund 2 participating at a $1.5+ billion valuation. Other notable investors in the company include The Chainsmokers Mantis VC Fund, and the founders and CEOs of Allbirds, Everlane, FIGS, Harrys, Flexport, and Warby Parker. For ecommerce brands, Veho provides a tech-forward and customer-centric delivery option to ensure that the purchase experience extends all the way through product arrival into their customers hands. By leveraging live customer communication, in-market warehouse locations and a dynamic marketplace to seamlessly match demand for deliveries with last-mile driver-partners, Veho provides ecommerce brands with a complete solution to make delivery their competitive edge.