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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 an A technology company offering products and solutions for last-mile delivery management. 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 1007 active competitors, including 108 funded and 39 that have exited. Its top competitors include companies like Paxel, Bringg and Instaleap.

Company Details

A technology company offering products and solutions for last-mile delivery management. The company offers SaaS & AI-driven solutions for managing delivery operations. It helps to ship, route, track, and execute last-mile delivery services. It includes delivery scheduling, order tracking, routing, end-to-end fulfilment, revenue management, etc.
Website
fareye.com
Social
XFacebook
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 10 rounds
Latest Funding Round
Post Money Valuation
***** as on Aug 09, 2023
Ranked
Employee Count
625 as on Jun 30, 2026
Investment & Acquisitions
Similar Companies
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FarEye's funding and investors

FarEye has raised a total funding of $152M over 10 rounds. Its first funding round was on Nov 26, 2013. Its latest funding round was a Series E round on Aug 09, 2023 for $*****. 1 investor participated in its latest round. FarEye has 28 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
Aug 09, 2023
2155371
Series E
1919552
3522599
8331509
6066105
Mar 29, 2022
3192839
Series E
3104080
4506760
9645083
9267283
May 25, 2021
9379564
Series E
3485565
2766879
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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 3 active members. Gautam Kumar, Kushal Nahata and Gaurav Srivastava are part of team.
Here is the list of FarEye's board of directors:
Name
Type
Representing
Status
Duration
sgjbcti
Team
-
Past
9y 4m
cusrftr
Team
-
Past
6y 7m
fyqqibc
Team
-
Past
1y 2m
epqkmxj
Independent board member
-
Past
8y 9m
sunxheo
Independent board member
-
Past
7y 8m

FarEye's employee count trend

FarEye has 625 employees as of Jun 26. 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 Paxel, Bringg and Instaleap. 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 Paxel
Paxel
2018, Jakarta (Indonesia), Series C
Provides solutions for last-mile delivery management
$58.8M
70/100
2nd
Logo for FarEye
FarEye
2013, Chicago (United States), Series E
A technology company offering products and solutions for last-mile delivery management
$152M
70/100
3rd
Logo for Bringg
Bringg
2013, Tel Aviv (Israel), Series E
Provider of cloud and AI-based delivery management solutions
$184M
67/100
4th
Logo for Instaleap
Instaleap
2015, Bogota (Colombia), Acquired
Platform for supermarkets, pharmacies and retailers to manage online delivery operations
$20.2M
65/100
5th
Logo for OnFleet
OnFleet
2012, San Francisco (United States), Acquired
Cloud based last mile delivery management software
$44.8M
63/100
6th
Logo for OneRail
OneRail
2018, Orlando (United States), Series C
Provider of technology facilitating last mile delivery and courier management
$96.5M
63/100
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 Airmee
Airmee
2016, Stockholm (Sweden), Series A
Provider of AI-based last-mile delivery management solutions
$10.2M
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 49.45%, Enterprises own 16.37% and Angels own 4.84%. The net worth of FarEye's founders is INR 610Cr as of Aug 09, 2023.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
18.99%
610Cr
3300641
1263908
8478662
9923129
969520
688804
647204
271708
828726
719699
461732
771727
154321
482197
773437
952276
Fund
49.45%
1,590Cr
5300336
8224218
3307049
4526528
5759776
6579005
4310053
9558877
5468808
6127082
754311
253218
912700
826200
809410
405002
193
186
395
315
334
344
92
62
11
79
18
51
8
5
2
4
2
1
Enterprise
16.37%
526Cr
5452272
2037902
7770701
2859839
Angel
4.84%
156Cr
4178
5172
4002
9019
ESOP Pool
9.89%
317Cr
7265242
5579621
5657268
7530335
Other Investors
0.45%
14.5Cr
0
0
0
0
Total
99.99%
3,210Cr
2714745
1898988
4292591
3887157
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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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