Logistics SaaS (software-as-a-service) startup FarEye has raised $100 million in a Series E round led by global venture capital fund TCV and Dragoneer Investment Group. TCV recently invested in Indian online fantasy gaming startup Dream11 while Dragoneer has also invested in edtech startup Unacademy. FarEye’s existing investors Eight Roads Ventures, Fundamentum and Honeywell also participated in the round, the company said. The new funding also includes a minor debt-raise but the company did not disclose the amount.
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Company Information
Company
FarEye
Location
India
About
FarEye's Delivery Management platform offers businesses a competitive advantage by simplifying complex last-mile delivery logistics. Through its unique combination of orchestration, real-time visibility, and branded customer experiences, companies can increase consumer loyalty and satisfaction while reducing costs and improving operational efficiencies.
FarEye’s Delivery Management platform turns deliveries into a competitive advantage. Retail, e-commerce, and third-party logistics companies use FarEye’s unique combination of orchestration, real-time visibility, and branded customer experiences to simplify complex last-mile delivery logistics. The FarEye platform allows businesses to increase consumer loyalty and satisfaction, reduce costs, and improve operational efficiencies. FarEye has 150+ customers across 30 countries and five offices globally. FarEye the first Choice for Last Mile.
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IndiaSoftwareE CommerceEnterprise SoftwareSupply Chain ManagementLogisticsSaaS