Veho is a technology-driven logistics company specializing in last-mile delivery and returns for e-commerce brands, offering fast, personalized, and reliable shipping from fulfillment centers to customers' doorsteps.[1][2][5] It serves e-commerce businesses by providing a nationwide network of warehouses, optimized routing via a proprietary tech platform, and crowdsourced drivers, while solving pain points like unreliable deliveries, poor customer control, and outdated logistics infrastructure.[1][3][5] Veho addresses these by enabling over 99% on-time delivery (OTD), real-time customer control, and feedback loops, with strong growth including $295M in total funding, $326.6M revenue, and triple-digit expansion in 2025.[2][4][5]
Veho was founded in 2016 by Itamar Zur, a Harvard Business School student in Boston, inspired by a failed meal delivery subscription that sparked the idea for a better logistics model using gig-economy drivers matched via a mobile app.[3] The name "Veho" derives from Latin for "to carry." In 2018, Fred Cook joined as co-founder and CTO after Zur moved to Colorado; they piloted in Boston, delivering over 10,000 packages.[3] Key early milestones include winning Harvard's New Venture Competition in 2017, graduating from Techstars Boulder in 2019 with $1M investment, and expanding to cities like Atlanta, Texas, and Philadelphia by 2021, plus acquiring QuikReturn in 2022 for reverse logistics.[3]
Veho rides the e-commerce boom, where post-purchase logistics has become the "new retail battleground," as shipping expectations rise with same-day demands and global participation.[1][2] Timing aligns with outdated carriers' failures amid peak-season surges, enabling Veho's tech edge in a $100B+ last-mile market fragmented by gig platforms.[1][4][5] Market forces like consumer demand for control, personalized experiences, and circular economy (e.g., returns) favor Veho, which influences the ecosystem by partnering with brands, accelerating next-day deliveries, and pioneering "shipping as the new shopping" via innovations like virtual fitting rooms and holistic retail-logistics integration.[1][3]
Veho is poised to expand beyond shipping into full commerce enablers—powering international logistics, circular economy plays, in-store/digital hybrids, and new business models—leveraging its R&D-heavy tech for smarter, faster scaling.[1][4] Trends like AI-optimized routing, peak-season resilience, and e-commerce localization will shape growth, with 2026+ focusing on partnerships for non-core areas while doubling down on core strengths.[4] Its influence may evolve from niche disruptor to infrastructure layer, unlocking global e-commerce as legacy players lag, tying back to its founding bet on tech-reinvented delivery as commerce's future.[1][4]
Veho has raised $304.0M in total across 3 funding rounds.
Veho's investors include Accel, Arrive, Rexhep Dollaku, TJ Nahigian, Better Tomorrow Ventures, Construct Capital, Craft Ventures, Dreamers VC, Flex Capital, Footprint Coalition, Galaxy Digital, General Catalyst.
Veho has raised $304.0M across 3 funding rounds. Most recently, it raised $170.0M Series B in February 2022.
