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Veho - About the company

Veho is a series B company based in Boulder (United States), founded in 2016 by Itamar Zur and Fred Cook. It operates as an AI-enable last-mile delivery services for e-commerce companies. Veho has raised $300M in funding from investors like General Catalyst, Tiger Global Management and Dorm Room Fund, with a current valuation of $1.5B. The company has 59 active competitors, including 12 funded and 3 that have exited. Its top competitors include companies like Workhorse Group, deliver better and Standard Fleet.

Sectors and market segments that Veho operate in

Veho serves in the Transportation and Logistics Tech market segments.The primary business model of Veho is:

Company Details

Veho provides AI-enabled last-mile delivery services for e-commerce companies. The company operates a network of crowdsourced drivers having their own vehicles to deliver packages. The company also uses proprietary software tools such as mobile apps for drivers & operational dashboards (with features such as route planning, e-POD, AI-enabled analytics, etc) for delivery managers.
Social
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Email ID
*****@shipveho.com
Registered Address
Rīga, Varšavas iela 4
Key Metrics
Founded Year
2016
Location
Boulder, United States
Stage
Series B
Total Funding
$300M in 5 rounds
Latest Funding Round
Post Money Valuation
$1.5B as on Jan 01, 2026
Ranked
Employee Count
1,129 as on Aug 31, 2026
Investment & Acquisitions
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Veho's funding and investors

Veho has raised a total funding of $300M over 5 rounds. Its first funding round was on Mar 07, 2017. Its latest funding round was a Series B round on Feb 15, 2022 for $170M. 8 investors participated in its latest round. Veho has 17 institutional investors.

Here is the list of recent funding rounds of Veho:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Feb 15, 2022
$170M
Series B
$1.6B
-
Dec 21, 2021
$125M
Series A
$1B
-
Jul 22, 2020
$4.16M
Series A
-
-
-
-
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Veho's founders and board of directors

Founder? Claim Profile
The founders of Veho are Itamar Zur and Fred Cook. Itamar Zur is the CEO of Veho.
Here are the details of Veho's key team members:

Veho's Board of Directors

Veho's board has 3 active members. Frederick Cook, Itamar Zur and Kyle Doherty are independent board members.
Here is the list of Veho's board of directors:
Name
Type
Representing
Status
Duration
Independent board member
-
Current
6y 2m
Independent board member
-
Current
6y 2m
Independent board member
-
Current
4y 9m

Veho's employee count trend

Veho has 1,129 employees as of Aug 26. Here is Veho's employee count trend over the years:
Employee count trend for Veho
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Veho's Competitors and alternates

Top competitors of Veho include Workhorse Group, deliver better and Standard Fleet. Here is the list of Top 10 competitors of Veho, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Veho
Veho
2016, Boulder (United States), Series B
AI-enable last-mile delivery services for e-commerce companies
$300M
72/100
2nd
Logo for Workhorse Group
Workhorse Group
2007, Cincinnati (United States), Public
Manufacturer of electric vehicles and related components for transportation solutions
$35.8M
66/100
3rd
Logo for deliver better
deliver better
2016, Ottawa (Canada), Series A
Platform offering last-mile delivery services through electric vehicle fleet
$23.5M
62/100
4th
Logo for Standard Fleet
Standard Fleet
2021, Walnut (United States), Series A
SaaS-driven provider of EV fleet management solutions
$20M
60/100
5th
Logo for PICKUP
PICKUP
2014, Addison (United States), Series B
Provider of a platform for on-demand same-day delivery services
$30M
53/100
6th
Logo for PICAP
PICAP
2018, Bogota (Colombia), Seed
App-based platform offering ride-hailing and on-demand delivery services
$2.5M
52/100
7th
Logo for Frayt Technologies
Frayt Technologies
2017, Cincinnati (United States), Series A
Offers a platform providing on-demand last-mile delivery services
$10M
51/100
8th
Logo for AxleHire
AxleHire
2015, San Francisco (United States), Series B
Last mile delivery service for businesses
$44.6M
46/100
9th
Logo for Stor Ai
Stor Ai
2014, Brooklyn (United States), Acquired
Unified digital commerce platform empowering retailers with personalized shopping experiences
$21M
44/100
10th
Logo for My Home Delivery
My Home Delivery
2020, Englewood Cliffs (United States), Unfunded
Offers an app providing on-demand trucking services
-
-
41/100
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Veho's Investments and acquisitions

Veho has acquired QuikReturn. Veho has not made any investments as of now.

Reports related to Veho

Here is the latest report on Veho's sector:

News related to Veho

lockFilter this list
Media has covered Veho for a total of 7 events in the last 1 year, 6 of them have been about company updates and 1 about people movement.
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