Arrive, an Indianapolis, IN-based smart mailbox company, raised another $1.3M in funding.
The round saw participation from 428 investors.
The company intends to use the funds to expand operations and its business reach.
Founded by Dan O’Toole, Arrive (formerly Dronedek) is a technology company that works for last-mile delivery and pickup. Its smart Mailbox-as-a-Service platform and infrastructure solutions empower Autonomous Delivery Networks (ADNs) to operate more efficiently with secure and climate-assisted cargo space, smart alerts, and chain of custody. Capabilitiesm accessible in apps, APIs, and processes, help partners and customers get the most out of conventional carriers, couriers and ADNs.
The company now has nearly 5,000 individual investors and has raised more than $9 million in its total fundraising efforts since the company was founded in 2014. The startup now employs 15 people worldwide.
FinSMEs
10/07/2023