OneRail, an Orlando, FL-based provider of a transportation visibility solution, raised $33M in Series B funding.
The round was led by Piva Capital and Arsenal Growth Equity with participation from Trimble Ventures, ATD, and existing investors Ironspring Ventures, Las Olas Venture Capital, Bullpen Capital, Triphammer Ventures/Alumni Ventures Group, Gaingels and Mana Ventures.
The company intends to use the funds to develop a multitude of new data-driven platform capabilities focused on improving the dependability, affordability, and sustainability of last mile logistics and expand its sales, marketing, and solution engineering teams.
Led by CEO and founder Bill Catania, OneRail is a last mile transportation visibility solution that, with a real-time connected network of 10 million drivers, finds the right vehicle for the right delivery, so shippers gain low prices and greater capacity to rapidly scale their businesses. OneRail offers its last mile delivery experience across retail, CPG, distribution, construction, healthcare and more.
FinSMEs
30/11/2022