Roadie operates an on-the-way delivery platform that taps unused capacity in passenger vehicles to connect people and businesses with drivers already headed the right way. The company provides scheduled, same-day and urgent delivery and has established partnerships with Delta Air Lines, The Home Depot, and Walmart. Roadie's footprint reaches 89 percent of U.S. households and it serves 224 metro areas, with deliveries to more than 11,000 cities and towns and a community of over 120,000 drivers. Since its 2015 launch, Roadie has raised $62 million in total funding to date, including an oversubscribed $37 million Series C. With this funding the company plans to continue innovating its dynamic routing and pricing models and expand use of machine learning to predict capacity and match deliveries in real time. Roadie positions itself to help large retailers bring same-day delivery to customers in both major cities and small towns that are otherwise hard to reach. Roadie operates an "on-the-way" shipping platform that matches preexisting travel routes and drivers to point-to-point delivery jobs, allowing users to ship items without traditional packaging. It targets both urban same-city deliveries and longer-distance projects that don't fit conventional boxed shipping, and the article highlights a 1,300-mile mannequin transport as an example. The company reports roughly 22,000 drivers and about 300,000 app downloads. Roadie offers features such as Homeward Bound, which aligns long-distance transportation jobs with users' planned trips, plus a driver verification system with badges, insurance collection, and ratings. Shipments include $500 standard insurance with an additional $10,000 available through UPS. The team plans to build partnerships with larger brands to increase volume and expects to double the company size over the next six months. Roadie operates a mobile app that matches shippers with nonprofessional drivers willing to carry packages for a fee. The platform has been live for only weeks and has seen over 7,500 downloads and about 50 gigs completed to date. Fees on the service range roughly from $12 to $200 depending on item size and distance, and shipments have varied from short 7-mile hops to trips of 300+ miles. The company has partnered with Waffle House to create branded "Roadie Roadhouses" across the chain’s 1,750 locations in 25 states, with drivers receiving perks like free waffles and beverages. Roadie’s service is currently available for initiating gigs in 10 U.S. Southeastern states, drivers already travel nationwide, and a national expansion is rolling out soon. The startup was founded by Marc Gorlin, previously a co-founder of Kabbage.

Total raised

$62M

Funding rounds

3

Latest round

Series C

Latest activity

Feb 2019