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FarEye - About the company

FarEye is a series E company based in Chicago (United States), founded in 2013 by Kushal Nahata and Gaurav Srivastava. It operates as a Developer of an artificial intelligence-powered delivery management platform for enterprise-scale logistics operations. FarEye has raised $152M in funding from investors like Grocery Delivery E-Services USA, DHL and TCV, with a current valuation of ₹*****. The company has 1117 active competitors, including 110 funded and 39 that have exited. Its top competitors include companies like LetsTransport, OnFleet and Bringg.

Company Details

Developer of an artificial intelligence-powered delivery management platform for enterprise-scale logistics operations. The platform simplifies last-mile delivery processes by providing tools for route planning, capacity utilization, delivery scheduling, and order visibility. It enables businesses to optimize fulfillment networks, manage carrier ecosystems, and improve fleet productivity through dynamic routing and cross-docking. The technology supports various delivery models, including same-day and hyperlocal services, while offering features for branded tracking and customer experience management. Additionally, the platform provides operational analytics to help teams monitor performance, reduce delivery costs, and track sustainability metrics such as carbon emissions across the delivery value chain. PF = Yes
Website
fareye.com
Social
XFacebook
Email ID
*****@fareye.com
Phone Number
+1 **********
Registered Address
C-585, BASEMENT,#Z-93, DEFENCE COLONY, South Delhi, NEW DELHI, Delhi, India, 110024
Key Metrics
Founded Year
2013
Location
Chicago, United States
Stage
Series E
Total Funding
$152M in 11 rounds
Latest Funding Round
Post Money Valuation
₹***** as on Sep 16, 2024
Ranked
Employee Count
399 as on May 31, 2026
Investment & Acquisitions
Similar Companies
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FarEye's funding and investors

FarEye has raised a total funding of $152M over 11 rounds. Its first funding round was on Nov 26, 2013. Its latest funding round was a Series E round on Sep 16, 2024 for $*****. 1 investor participated in its latest round. FarEye has 29 institutional investors and 33 angel investors.

Here is the list of recent funding rounds of FarEye:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Sep 16, 2024
5017783
Series E
1857030
2217209
5715022
6653395
Aug 09, 2023
8831639
Series E
3792853
8923554
5614982
3191801
Mar 29, 2022
8941345
Series E
6921594
5050878
7103327
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FarEye's founders and board of directors

Founder? Claim Profile
The founders of FarEye are Kushal Nahata and Gaurav Srivastava. Kushal Nahata is the CEO of FarEye.
Here are the details of FarEye's key team members:

FarEye's Board of Directors

FarEye's board has 8 active members. Gautam Kumar, Deepak Gaur, Kushal Nahata and Gaurav Srivastava are part of team and Ashish Kumar, Shweta Bhatia, David Eichler and Yin Zou are independent board members.
Here is the list of FarEye's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
17y 1m
Team
-
Current
1y 4m
Team
-
Current
17y 1m
Investor
-
Current
5y 7m
Independent board member
-
Current
5y 9m
ttfifjo
Independent board member
-
Current
1y 6m
hqnnpbx
Independent board member
-
Current
9y 7m
bddykpo
Independent board member
-
Current
5y 8m

FarEye's employee count trend

FarEye has 399 employees as of May 26. The total employee count is the same as what it was in May 25. Here is FarEye's employee count trend over the years:
Employee count trend for FarEye
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FarEye's Competitors and alternates

Top competitors of FarEye include LetsTransport, OnFleet and Bringg. Here is the list of Top 10 competitors of FarEye, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for LetsTransport
LetsTransport
2015, Bengaluru (India), Acquired
Provider of logistics services for first mile and last mile
$92.6M
77/100
2nd
Logo for OnFleet
OnFleet
2012, San Francisco (United States), Acquired
Cloud based last mile delivery management software
$44.8M
72/100
3rd
Logo for FarEye
FarEye
2013, Chicago (United States), Series E
Developer of an artificial intelligence-powered delivery management platform for enterprise-scale logistics operations
$152M
62/100
4th
Logo for Bringg
Bringg
2013, Tel Aviv (Israel), Series E
Provider of cloud and AI-based delivery management solutions
$184M
67/100
5th
Logo for Instaleap
Instaleap
2015, Bogota (Colombia), Acquired
Platform for supermarkets, pharmacies and retailers to manage online delivery operations
$20.2M
65/100
6th
Logo for Oorjaa
Oorjaa
2021, Mumbai (India), Series A
Intra-city and mid-mile logistics solutions
$4.22M
64/100
7th
Logo for Shipday
Shipday
2009, Menlo Park (United States), Series A
Provider of cloud-based delivery management solutions
$7M
62/100
8th
Logo for Sorted
Sorted
2010, Manchester (United Kingdom), Acquired
Provider of software for delivery management and automated carrier allocation
$134M
61/100
9th
Logo for Paxel
Paxel
2018, Jakarta (Indonesia), Series C
Provides solutions for last-mile delivery management
$58.8M
61/100
10th
Logo for UniUni
UniUni
2019, Richmond (Canada), Series D
Provider of e commerce parcel delivery management solutions
$222M
59/100
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FarEye's Latest cap tables and shareholding

Founders own 18.99%, Funds (largest shareholder) own 49.34%, Enterprises own 16.47% and Angels own 4.87%. The net worth of FarEye's founders is INR 620Cr as of Sep 16, 2024.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
18.99%
620Cr
5768502
9157687
4610821
6416568
444528
523302
484722
540524
749950
275533
657773
104372
855749
196976
952409
595697
Fund
49.34%
1,610Cr
9977530
3237322
5220201
2087088
7665552
3874816
7038766
5325335
5488051
4646452
355137
704085
715669
115147
223859
123638
38
39
26
94
25
71
4
2
4
7
8
2
Enterprise
16.47%
537Cr
2306578
7203149
4280005
3072251
Angel
4.87%
159Cr
6503
8827
2928
4894
ESOP Pool
9.88%
322Cr
1776927
8118954
8575119
4930846
Other Investors
0.45%
14.7Cr
0
0
0
0
Total
100.00%
3,260Cr
5428991
7503066
2311799
6763649
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of FarEye's Shareholding

FarEye's Investments and acquisitions

FarEye has acquired 2 companies including PY Technology and Dipper. FarEye has not made any investments as of now.

Reports related to FarEye

Here is the latest report on FarEye's sector:

News related to FarEye

lockFilter this list
Media has covered FarEye for a total of 4 events in the last 1 year, 3 of them have been about company updates and 1 about partnerships.
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FAQs about FarEye

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