What is OneRail?
OneRail is an Orlando-based company that provides a last-mile transportation visibility solution. Its platform connects shippers with a network of drivers to ensure efficient and timely deliveries, offering Amazon-level dependability and speed. By optimizing vehicle selection for each delivery, OneRail enables businesses across various sectors, including retail, CPG, distribution, construction, and healthcare, to achieve lower prices and greater capacity, thereby facilitating rapid scaling of their operations. The company boasts an impressive on-time delivery rate of 98.6%, emphasizing its commitment to an exceptional last-mile delivery experience while maintaining brand visibility for its clients.
How much funding has OneRail raised?
OneRail has raised a total of $84M across 3 funding rounds:
Series A
$9M
Series B
$33M
Series C
$42M
Series A (2021): $9M with participation from Gaingels, Plus One Robotics, Ironspring Ventures, Bullpen Capital, Chicago Ventures, and Mercado
Series B (2022): $33M led by Arsenal Growth Equity and Piva Capital
Series C (2024): $42M supported by eGateway Capital, Florida Opportunity Fund, and Aliment Capital
Key Investors in OneRail
eGateway Capital
eGateway Capital is an investment and advisory firm focused on enabling entrepreneurs to shape the future of digital commerce through growth equity and M&A advisory services. They partner with technology companies and their leaders, providing not just capital but also expertise from a team with diverse backgrounds in founding, executive, and investment roles.
Florida Opportunity Fund
Florida Opportunity Fund is dedicated to investing in early-stage companies to enhance Florida's innovation economy. They offer various programs, including the Florida Venture Capital Program, Fund of Funds, and Clean Energy Investment Program, targeting industries such as technology, life sciences, clean energy, and advanced manufacturing.
Aliment Capital
Aliment Capital is a pioneering growth capital investor in food and agriculture technology. The company invest globally in growing businesses that improve agricultural productivity, nutrition, health, sustainability and supply chain efficiency.
What's next for OneRail?
With its recent major strategic investment, OneRail is poised for accelerated growth and further development of its logistics technology. The substantial capital infusion, bringing the total funding to $84M, indicates a strong market validation and investor confidence in OneRail's model for optimizing last-mile delivery. This financing is expected to fuel expansion into new markets, enhance its technological capabilities, and potentially broaden its network of drivers and shippers. The company's focus on providing enterprise-level solutions suggests a strategic push towards larger clients and more complex supply chain challenges, solidifying its position as a key player in the logistics visibility space.
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