What is Onward Delivery?
Onward Delivery operates a sophisticated freight marketplace that bridges the gap between retailers selling large, heavy items like furniture and appliances, and available truck capacity. This platform is engineered for adaptability, catering to the unique requirements of shippers, retailers, and end customers. By simplifying the entire delivery lifecycle, Onward Delivery enhances communication, lowers costs, and contributes to environmental sustainability through reduced emissions. The company's headquarters are situated in Denver, Colorado.
How much funding has Onward Delivery raised?
Onward Delivery has raised a total of $4.7M across 1 funding round:
Angel/Seed
$4.7M
Angel/Seed (2021): $4.7M with participation from North Range Ventures, SpringTime Ventures, Sean Henry, Andrew Leto, Jett McCandless, Leo Polovets, James Eberhard, Matchstick Ventures, and Mark Joseph
Key Investors in Onward Delivery
North Range Ventures
North Range Ventures is an early-stage venture capital fund based in Denver, focusing on ambitious tech entrepreneurs within the Colorado ecosystem. They leverage founder and operator experience to support early-stage companies.
SpringTime Ventures
SpringTime Ventures is a seed-stage investment firm that backs high-growth startups in sectors like healthcare, fintech, logistics, and marketplaces across the USA. They emphasize building trusting relationships and providing ongoing founder support.
Matchstick Ventures
Matchstick Ventures is an early-stage venture fund investing in diverse founders and innovative ideas in the North and Rockies regions, providing capital and resources to pre-seed and seed-stage companies.
What's next for Onward Delivery?
The recent major strategic investment signals a pivotal phase for Onward Delivery, likely enabling the company to scale its operations, enhance its technological infrastructure, and expand its market reach. This enterprise-level backing suggests confidence from investors in Onward Delivery's business model and its potential to disrupt the traditional logistics landscape. Future developments may include broader adoption of its technology, strategic partnerships, and further optimization of its marketplace to capture a larger share of the freight market.
See full Onward Delivery company page
