Homer Logistics Raises $8.5 Million in Series A Funding to Enhance “Final Mile” Delivery Efficiencies

NEW YORK, June 26, 2017 /PRNewswire/ — Homer Logistics, a startup specializing in optimizing local, final mile delivery using advanced logistics technology, today announced it has raised $8.5 million in Series A funding, led by Two Sigma Ventures with Lerer Hippeau Ventures, RSE Ventures, and Laconia Capital Group participating among others. Homer Logistics will use the financing to expand its research capabilities and technical team to further improve its ability to drive operational efficiencies for its customers.

Homer Logistics provides a local delivery solution for businesses through the combination of logistics technology and a fully employed fleet of delivery couriers. The company’s team of data scientists, operations research scientists, and engineers create software that better predicts and understands delivery patterns. This enables Homer Logistics to both schedule employees in accordance with delivery demand and optimize real-time, automated dispatching; ultimately, bringing economic efficiency to final mile deliveries without sacrificing speedy delivery time or delivery quality.

more

Leave a comment

Your email address will not be published. Required fields are marked *