Less than six full years after its launch, last-mile delivery management software company Onfleet has facilitated its 100 millionth delivery and said it has doubled its revenue for the sixth consecutive year.
Onfleet offers a routing and dispatch platform with real-time communications and proactive delivery management in 90 countries. The software connects businesses, dispatchers, drivers and end customers in real time.
Clients include Kroger, Sweetgreen, Drizly and Imperfect Foods among others.
“Demand for delivery surged during the pandemic and is only continuing to increase as delivery has become the norm for consumers worldwide,” said Khaled Naim, CEO and co-founder of Onfleet. “Our major milestone of 100 million deliveries is a direct result of the significant demand, traction and adoption of our technology. We’re powering millions of deliveries every week, doubling our revenue every year with no sign of slowing down and are looking forward to continuing our growth to support this constantly expanding industry.”
The past 18 months have been a particularly strong time for Onfleet as a surge in e-commerce increased demand for its platform. In October 2020, the company announced a $14 million Series A funding round, and at the time, said it had facilitated more than 80 million deliveries – a number that has now grown by more than 20% in the nine months since.
In April of this year, Onfleet announced a partnership with carbon credit management company Pachama to allow customers to purchase carbon offsets in an effort to offset more than 100,000 tons of carbon dioxide emissions by the end of 2022 through the Onfleet Offset program.
Onfleet will calculate the CO2 emissions of a customer’s delivery operations and, unlike some other carbon-offset programs, Onfleet will share in the cost of the program with its customers. Khaled Naim, co-founder and CEO of Onfleet, told Modern Shipper that customers that opt into the program will be part of an effort to offset 5,000 tons of CO2 per month by the end of 2021 and reach the goal of 100,000 tons of CO2 offset by the end of 2022. That is the equivalent of removing 20,000 cars from the roadways for a full year, he said.
Customers using the program will contribute $4 per metric ton carbon credits for their deliveries. Onfleet will match that investment, bringing the total to $8 per metric ton, which will be sent to Pachama at the end of each month for investment into verified Gold Standard, American Carbon Register, Verified Carbon Standard and verified nature conservancy programs such as reforestation and old forest protections.
Also this year, Onfleet and “post-purchase” provider Bond announced an agreement to combine Onfleet’s last-mile delivery management software with Bond’s software, which integrates with most major e-commerce platforms, to offer customers an integrated end-to-end shopping experience. Bond’s platform allows sellers to continue to engage with consumers and offer levels of service right through to delivery and returns, if necessary. The company offers storage, same-day delivery and returns processing from the customer’s home if required. In addition, it provides real-time tracking of shipments and allows customers to schedule delivery times that work for them at the conclusion of the checkout process.