Veho Tech, Inc. Overview
Pro stress-test →Veho Technologies is an American logistics service company based in New York, U.S, providing last-mile delivery and return services. The company was founded in 2016, launching a mobile app matching gig-economy drivers with package deliveries in their local areas. Veho now operates in 42 metropolitan areas, spanning the Northeast, Mid-Atlantic, Southeast, Midwest, Southwest, and Mountain West regions of the United States.
Strategic Profile
Pro stress-test →Veho provides next-day and two-day delivery services for e-commerce packages using a crowdsourced driver network and proprietary routing technology. Its services have been used by multiple companies, including HelloFresh, Misfits Market, Stitch Fix and thredUP. In December 2021, Veho became a unicorn after $125 million funding in Series A round of fundraising led by General Catalyst valued the company at $1 billion.
Competitive Landscape
Pro stress-test →Multiple publications have described Veho as an Uber like service. The company competes in the crowdsourced, technology-enabled last-mile delivery space against established carriers (FedEx, UPS), pure-play logistics startups (Roadie, DoorDash Dasher Network for returns), and traditional 3PL providers. Veho's differentiation centers on proprietary routing technology, flexible driver marketplace, and e-commerce-specific service design, though operational execution gaps are limiting competitive positioning.
Industry Context
Veho Tech, Inc. operates in Last-mile e-commerce delivery.
Key facts
Founded: 2016 · Headquarters: Denver, US (operations also in NYC) · Employees: 400+ (as of December 2021) · Revenue: N/A · Market cap: N/A