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Delivery technology company Nash It raised $20 million in a Series A round TechCrunch reported Tuesday.
Nash’s platform allows businesses to manage and track local same-day deliveries (think things like small packages, food delivery and meal kits). Nash aggregates suppliers so businesses can choose what’s best for them, and provides visibility for businesses to track orders from start to delivery.
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Andreessen Horowitz He led Series A, including from investors Y Combinator And Rackhouse Venture CapitalAccording to TechCrunch. Nash was founded in 2021 and is based in San Francisco.
The Nash network
“The Nash platform is built for flexibility. You can use Nash to run ad-hoc, scheduled, or multi-drop routes. Andrew Chen And Olivia Moore Andreessen Horowitz by A Blog post. “If you have a fleet in some or all of your markets, you can add these drivers to Nash. The platform streamlines between internal and third-party drivers, saving valuable ops team time.”
The money comes as more businesses compete with Amazon to offer same-day delivery to customers accustomed to receiving their orders quickly.
The company has raised $125,000 in a pre-seed round led by Y Combinator in August 2021, Crunchbase reports. Nash raised an undisclosed $7.8 million seed round led by Andreessen Horowitz late last year, according to TechCrunch.
Since then, Nash has “become a critical part of the logistics infrastructure for many large enterprise and consumer companies — even marketplaces,” Chen and Moore wrote in their blog post.
The Nash Network is available in all 50 US states and Canada. The new round will be used to grow the company and support small and medium-sized businesses and enterprise customers, Andreessen Horowitz said.
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Stay up-to-date with the latest funding rounds, acquisitions and more at Crunchbase Daily.
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