OneRail has raised $42 million in a Series C funding round to enhance its AI-driven last-mile logistics platform, with a focus on innovation and sustainability.

Target Company Overview

Founded in 2018 by Bill and Lisa Catania, OneRail is revolutionizing last-mile logistics through its innovative platform. The company leverages artificial intelligence to connect shippers with a vast network of couriers, automating and optimizing the entire delivery supply chain. OneRail's platform effectively addresses clients' final-mile delivery needs by matching shipments with the most suitable couriers based on factors such as cost, speed, and delivery performance, ultimately reducing expenses and enhancing delivery efficiency.

OneRail boasts access to over 7.5 million drivers, incorporates 250 carriers, and has established partnerships with 65 carriers under one cohesive platform. This extensive reach empowers businesses to manage their delivery operations seamlessly. Additionally, OneRail’s platform provides end-to-end tracking and dynamic estimated arrival times (ETAs), fostering trust and predictability between companies and their customers. Their dedicated U.S.-based team ensures proactive management of delivery issues, thereby enhancing customer satisfaction while maintaining operational transparency.

Industry Overview

The landscape of last-mile delivery has witnessed significant transformation in recent years, particularly in the United States. As the e-commerce sector continues to expand, the demand for efficient last-mile solutions has intensified. According to Future Market Ins