Funding

Roadie raises $15M

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What does Roadie do?

Roadie, is an on the way delivery network. This platform makes of use of the leftover space in the vehicles of the passengers by connecting people with things to be sent with drivers going in the right direction. This is the 1st on the way delivery network. It is app based and uses the leftover space in the vehicles of the passengers. Simply saying this is a cheaper, faster and friendlier way of getting your items, irrespective of their size or shape, from which location it is to which location it needs to be. This app enables low cost and efficient delivery to those who are sending items and rewards those who are driving them for trips they are already going on, offering community members many benefits including roadside discounts, roadside assistance and tax write off on miles they were driving already.

How much Roadie was funded?

The company raised $15M in Series B on June 14, 2016 from Stephens Inc, UPS Capital, Tomorrow Ventures.

  • Undisclosed amount on July 1, 2013 from SOSV
  • Undisclosed amount on July 1, 2013 from Hax and SOSV
  • $25k on May 12, 2014 from Hax
  • $10M in Series A on January 27, 2015 from United Parcel Service (UPS), Warren Stephens and TomorrowVentures

What is next for Roadie?

Roadie plans to use the latest funding raised for broadening its partnerships, building new distribution channels and expanding its capacity and for accelerating the goal of providing out of the box delivery, across the town or country someday.

More about Roadie

Roadie was founded on January 27, 2015 by Hassane Slaibi and Marc J. Gorlin. It has its headquarters in Atlanta, Georgia. This platform is the single and best way of sending hard to transport items. One can send from pets to furniture. This company is making the out of the box delivery as easy and convenient as ordering pizza. The company is unlocking huge, untapped resource for creating inexpensive and convenient delivery solutions across the country.

 

 

 

 

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