Deliveree Logistics has raised a total of $38.8M in funding from 7 investors, including Genesis Alternative Ventures.
Founded in 2015, Deliveree is a full service on-demand ground logistics marketplace platform powered by sophisticated mobile and web app technology that allows businesses to book and manage ground transportation of goods, cargo and merchandise. At the moment, Deliveree has about 90,000 active drivers.
Recent News: Deliveree Logistics has raised a total of $38.8M in funding from 7 investors, including Genesis Alternative Ventures.
Deliveree also aims to generate better income through its Driver Partner Benefits Program by lowering the costs of maintaining their vehicles which supports United Nations’ Sustainable Development Goals (Decent Work & Economic Growth, Goal 8). Employee data suggests that active drivers have seen a good improvement in earnings and corresponding standard of living.
| “Deliveree is helping me save to start a family.” – Ari Susiyanto, Deliveree Driver Partner | “Deliveree has more than doubled my earnings. Now I can make more choices.” – Tarsan, Deliveree Driver Partner | “I struggle less with money each month since working with Deliveree.” – Pattana Juntakarn, Deliveree Driver Partner |
| Income Improvement 207% | Income Improvement 261% | Income Improvement 168% |
| Greater Jakarta, Indonesia | Greater Jakarta, Indonesia | Ladprao, Bangkok, Thailand |
“Venture debt is a great financing option. It blends perfectly with the equity round and can help maximize a company’s valuation,” said Gagan Singh, Chief Financial Officer, Deliveree.
“We have a great working relationship with Deliveree and we are impressed with their commitment to improving the lives of their driver partners. Genesis will continue to support companies with impact objectives that are looking to scale Southeast Asia.” – Eddy Ng, Head of Investments & Portfolio of Genesis Alternative Ventures.
