OneRail Raises $9 Million in Series A

by Kay Aloha Villamor in September 1st, 2021

OneRail Orlando, Fla.-based, a leading final-mile delivery fulfillment SaaS platform, announced that it has raised a $9 million Series A investment led by Ironspring Ventures.

Gaingels joined Ironspring Ventures as new investors in the round. The company’s current investors, including Chicago Ventures, Bullpen Capital, Las Olas Venture Capital, CreativeCo Capital, and Alpine Meridian Ventures, participated in the round.

With the additional capital, OneRail plans to accelerate the digital transformation of our customers’ supply chains, providing an even more competitive advantage in the marketplace.

Company: OneRail/On Demand Technologies, Inc.

Raised: $9.0M

Round: Series A

Funding Month: August 2021

Lead Investors: Ironspring Ventures

Additional Investors: Gaingels, Chicago Ventures, Bullpen Capital, Las Olas Venture Capital, CreativeCo Capital, and Alpine Meridian Ventures

Company Website: http://www.onerail.com/

Software Category: Mile delivery orchestration platform 

About the Company: Headquartered in Orlando, Florida, OneRail is a final mile delivery orchestration platform providing real-time visibility, actionable data, and data-driven optimization capabilities for its enterprise clients. OneRail’s cloud-based “delivery switch” simplifies same-day and on-demand delivery execution by connecting the demand signal (POS, eCommerce, ERP) with the ecosystem of delivery networks and internal fleets in real-time. The result of OneRail’s centralized view of disparate final mile data enables data-driven optimization, positively impacting the dependability, speed, and cost of final mile fulfillment.

Source: https://www.businesswire.com/news/home/20210831005539/en/OneRail-Raises-9M-Series-A-Round-Led-by-Ironspring-Ventures-to-Leverage-Record-10x-YoY-Revenue-Growth-in-Final-Mile-Delivery-Fulfillment

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