OneRail Raises $42 Million in Series C
OneRail, an Orlando, Florida-based last-mile delivery solutions provider, has raised $42 million in a Series C funding round, bringing its total funding to $109 million.
The round was led by Aliment Capital, with participation from eGateway Capital and Florida Opportunity Fund, as well as existing investors Arsenal Growth Equity, Piva Capital, Bullpen Capital, Las Olas Venture Capital, Chicago Ventures, Gaingels, and Mana Ventures.
Founded in 2013, Aliment Capital is a venture capital firm based in Santa Monica, California, focused on food and agriculture technology. The firm invests in food systems, supply chain innovation, and health and nutrition.
The company plans to use the funds to advance its SaaS platform OmniPoint, drive product development, and expand its team.
Founded by Bill and Lisa Catania in 2018, OneRail is a logistics technology company specializing in last-mile delivery solutions. Its platform integrates shipping carriers, delivery drivers, and fulfillment operations to streamline the final step of the delivery process for retailers and wholesalers. Recently, OneRail acquired Orderbot, a Vancouver-based inventory management company, to enhance its inventory and order management capabilities.
Funding Details
Company: OneRail
Raised: $42.0M
Round: Series C
Funding Date: November 2024
Lead Investor: Aliment Capital
Additional Investors: eGateway Capital, Florida Opportunity Fund, Arsenal Growth Equity, Piva Capital, Bullpen Capital, Las Olas Venture Capital, Chicago Ventures, Gaingels, Mana Ventures
Company Website: https://www.onerail.com/
Software Category: Last-Mile Delivery Management