Ironspring Ventures’ Post

🎉 Congrats to CEO Bill Catania and the entire OneRail team on raising a Series C round! Now in more than 400 cities in the U.S. and Canada and handling more than 250,000 deliveries a day for around 50 brands, OneRail has seen tremendous growth as it changes the game in last-mile delivery. Ironspring Ventures is proud to have been an early supporter of this pioneering company - keep trucking OneRail!

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🚀 We are excited to announce we’ve secured $42 million in Series C funding! 📖 Get the full story: https://hubs.ly/Q02Z3WFN0 💥This investment comes during a challenging funding environment where logistics funding has plunged 90% over the past 2 years, and highlights our mission to drive growth and innovation in last mile omnichannel fulfillment. Thank you to our incredible customers, dedicated employees and supportive investors. Your trust, hard work and belief in our vision have made this milestone possible. Together, we’re revolutionizing the customer experience to keep the delivery promise paramount. The round was lead by Aliment Capital with participation from new investors eGateway Capital and Florida Opportunity Fund, as well as current investors Arsenal Growth Equity, Piva Capital, Bullpen Capital, Las Olas Venture Capital, Chicago Ventures, Gaingels and Mana Ventures. Here’s to our next chapter of innovation and growth! #SeriesC #LogisticsTech #Growth #LastMileDelivery #Innovation #OmnichannelFulfillment #TeamOneRail #SameDayDelivery #DynamicFulfillment

  • Series C Funding $42 Million lead by Ailment Capital
Bill Catania

Automating last mile logistics | 12 Million Drivers | 400+ Cities | #24 Deloitte Fast 500 | Forbes Technology Council Member | #48 Inc 500 | #23 Forbes "America's Best Start-Up Employers"

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Big thank you to Ty Findley, Peter J. Holt and the whole Ironspring Ventures team. Leading our Series A in 2021 was bold. That investment allowed us to prove our product market fit and begin to scale SaaS revenue, a critical step in our growth journey. Thank you for sharing our vision for a completely "reinvented" approach to Last Mile logistics, and for your help connecting OneRail to the digital industrial ecosystem!

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