FAVOR

Highly Engaged Employees

Founded in 2013, FAVOR operates as a significant player in the freight and logistics services and transportation industries. Headquartered in Austin, Texas, the company specializes in providing an on-demand delivery service that connects self-employed couriers with customers needing to transport orders from various stores. This model facilitates efficient local commerce by enabling rapid fulfillment of goods, ranging from food and beverages to other retail items, thereby enhancing consumer convenience and supporting local businesses.

FAVOR manages a substantial operational scale, employing between 1,000 and 5,000 individuals across its network. With a presence in 3 distinct locations, the company leverages its workforce to ensure timely and reliable delivery services. The operational efficiency is driven by a dedicated team, and insights into their structure and leadership can be explored via Meet FAVOR's team. This focus on human capital is critical for maintaining the quality and responsiveness of their on-demand logistics platform, ensuring a seamless experience from order placement to final delivery.

Financially, FAVOR has demonstrated considerable growth, reporting a revenue of $248.5M. The company has a robust funding history, including a $22 million Series B round in 2017, a $11.64 million Series A in 2015, and an initial Angel/Seed round of $2 million. This financial backing has supported its expansion and operational capabilities. Key competitors in the market include DoorDash and GrubMarket, highlighting the competitive landscape FAVOR navigates. For a deeper dive into its financial performance and metrics, interested parties can Explore financial highlights.