UPS
55 Glenlake Pkwy NE, Atlanta, GA, 30328, United States
Overview
UPS is a cargo and freight company that focuses on package delivery, supply chain management, freight forwarding, and logistics services. UPS provides a wide range of services, including air, ground, freight, and international shipping solutions. It also operates its airline, UPS Airlines, which facilitates fast, efficient international shipping.
- Total investments
- 21
- Lead investments
- 3
- Investments · 12mo
- 1
- Active investors
- 8
Sector focus
- Delivery
- Freight Service
- Logistics
- Transportation
Investment portfolio
- Nourished
Led · Equity · Jun 2026
Founded in 2019 and based in Birmingham, Rem3dy Health is the parent company of the personalised nutrition brand Nourished, combining AI-driven personalised nutrition with advanced manufacturing techniques. The company integrates data science, 3D printing and automation to produce tailored health solutions at scale. Its positioning is more consumer-wellness oriented within the broader health technology landscape. Rem3dy has stated plans to expand into key international markets including the US, MENA region and India, and to enter personalised health solutions for pets. The recent €16 million strategic fundraising is intended to support that global scaling and market entry. The company has attracted strategic investors from both consumer and healthcare sectors, reflecting a move to partner with established global players.
- Optoro
Participated · Equity · Dec 2021
Optoro operates a returns technology platform that uses data science and real-time decision-making automation to route returned items to optimal outcomes across resale, restocking, and secondary markets. Its product suite includes an online customer returns portal, warehouse processing, and resale software. Retail and brand customers named in the article include American Eagle, Best Buy, Target, Staples, and IKEA. The company says its solutions decrease inefficiencies, maximize recovery and repurchases, and reduce environmental waste while improving customer experience. In December 2021 Optoro received a $25 million strategic investment led by Zebra Technologies with participation from Volta Circle, eBay, and UPS. Optoro is partnering with Zebra to combine its software with Zebra’s hardware and pursue new end-to-end reverse logistics solutions to accelerate returns processing and cut waste. Optoro provides software and logistics solutions that help retailers — online and brick-and-mortar — more easily resell returned and excess inventory. The company uses data analytics and multi-channel online marketing to determine the best path for each item, aiming to maximize recovery and reduce environmental waste. Its customers include big-box and other legacy retailers facing rising online return rates, which the CEO says are two to three times those of brick-and-mortar sales. The business addresses a large market: returns represented roughly 10% of sales in 2017 (about $351 billion) per the article. Optoro is described as an eight-year-old, Washington, D.C.-based company with a growing base of customers. Financially, the company recently secured new funding and has attracted a mix of strategic and growth investors. Optoro is a Lanham, MD-based platform that helps retailers and manufacturers manage, process and sell returned and excess inventory. Its technology uses comprehensive data analytics and multi-channel online marketing to determine the best path for each item. The platform is designed to maximize recovery and reduce environmental waste. The company will use the $30M Series D proceeds to accelerate adoption of its solution across retailers and brands. In connection with the investment, Optoro and UPS formed a strategic alliance to provide a shop solution for retailers and manufacturers to optimize transportation and disposition of returned and excess inventory. Tobin Moore is co-founder and CEO. Optoro operates a software platform that connects buyers and sellers to manage returned and excess inventory, using data analytics to determine the best path for goods. Its technology processes, sorts and sells products to optimize recovery and reduce waste. Working with some of the largest U.S. retailers, Optoro says clients have increased recovery on such inventory by 50–200 percent. The company highlights industry-wide metrics — over 15% of inventory is returned annually, amounting to roughly $500 billion in the U.S. alone. Founded in 2008 and based in Washington, DC and Maryland, Optoro plans to scale its operations and technology to support the world’s biggest retailers. Financially, the company has raised over $100 million to date, including recent equity and debt financings. Optoro provides a cloud-based platform that manages, prices and routes returned and excess inventory across multiple digital channels, including eBay, Amazon and its consumer site BLINQ.com. The company uses predictive analytics and dynamic pricing to optimize channel allocation and typically increases recovery value for returns and excess by 2x–10x. Optoro’s platform directly reaches more than 500 million customers worldwide and sells simultaneously across over a dozen digital marketplaces. Its business model emphasizes sustainability by remarketing goods, connecting items to recyclers, or donating unsellable products to keep them out of landfills. Optoro has partnered with Trees for the Future to plant a tree for every order on BLINQ.com and has planted over 100,000 trees to date. The company plans to scale major partnerships and expand into new markets using the proceeds from its latest fundraise.
- TuSimple
Participated · Series D · Sep 2019
TuSimple develops self‑driving truck systems and operates testing fleets with human safety operators for long‑haul highway routes. The company began public‑road testing in 2018, including a 120‑mile stretch between Tucson and Phoenix and segments in Shanghai. It maintains a global headquarters in San Diego, an engineering center and truck depot in Tucson, and additional operations and a facility in Texas to support autonomous trips; it also has operations in Beijing and Shanghai. TuSimple has expanded its commercial partnerships and investor base to include logistics and automotive players such as UPS, Mando, Traton Group and U.S. Xpress. The company continues to scale testing and operations in the U.S. while diversifying strategic investors and customers. Financially, TuSimple has raised $648 million since its 2015 founding, including a recent $350 million round. TuSimple develops autonomous driving systems and software for heavy commercial trucks. The company operates a fleet of 40 self-driving trucks in the U.S., used for testing and freight runs between Arizona and Texas. TuSimple was launched in 2015 and has operations in China, San Diego and Tucson, Arizona. It is backed by investors including Sina, Nvidia, UPS and Tier 1 supplier Mando Corporation. TuSimple is working with partners to move from retrofitting to purpose-built autonomous semis, including a 2024 production plan with Navistar. The new partnership with Traton will expand operations into Europe and aims to develop Level 4 autonomy on Scania trucks, beginning testing on a route between Södertälje and Jönköping in Sweden. TuSimple builds a full-stack Level 4 autonomous driving system for long-haul trucks. The company operates testing programs and fleets in China, San Diego and Tucson, Arizona, and reports more than 50 trucks and 18 contracted customers. TuSimple was founded in 2015. It plans to use new funding to continue developing its autonomous vehicle technology and to expand long-haul routes in Arizona and Texas. Financially, the company has raised $298 million in total funding to date. TuSimple has conducted public-road testing since 2018 and runs daily tests with partners such as UPS on routes between Phoenix and Tucson. TuSimple develops camera-centric Level 4 autonomous driving systems for commercial trucks and operates daily commercial routes in Arizona. The company runs three to five fully autonomous trips per day across three routes and has 12 contracted customers. TuSimple emphasizes a camera-based perception stack (claiming a 1,000-meter vision range) while using LiDAR for mapping and some data collection. On-road trips run with two safety engineers—one behind the wheel and one monitoring data—and the company says these paid runs both generate revenue and validate its system. TuSimple plans to scale its commercial fleet to more than 50 trucks by June and expand fully autonomous deliveries into Texas. It is also funding joint production programs and integrations with OEMs, Tier 1 suppliers and sensor partners to enable commercial production and operation of self-driving trucks. TuSimple develops a full-stack autonomous driving system for line-haul trucking that integrates perception, localization, mapping, motion planning, control and actuation. The company uses advanced sensor fusion of cameras and radars to detect and track objects beyond 200 meters and its localization achieves consistent decimeter-level precision. Its decision-making system adapts to road conditions, including lane changes and speed adjustments, to maximize safety and efficiency. TuSimple demonstrated an SAE Level 4 self-driving system in Shanghai and is ramping up deployments in the U.S., starting in Tucson, Arizona. The company is focused on scaling testing to two full truck fleets—one in China and one in the U.S.—and is building a production engineering team in Tucson while maintaining R&D in San Diego and Beijing. TuSimple is led by CEO Mo Chen.
- Fast Radius
Led · Series B · Apr 2019
Fast Radius provides end-to-end additive manufacturing solutions via a platform that supports application discovery, product design and testing, engineering and economic evaluations, and production-grade manufacturing at scale. The company’s offerings include application discovery, accelerated new product development, and global fulfillment from Fast Radius factories using the latest additive technologies. Leadership is led by CEO Lou Rassey and COO Pat McCusker. Fast Radius has offices in Atlanta and Singapore and operates a production hub on-site at the UPS Worldport facility in Louisville, KY. The company plans to use new funding to scale its global manufacturing footprint and to expand its software development, application engineering, and sales teams. The platform is positioned to help customers identify potential applications and manufacture industrial-grade parts at scale.
- Deliv
Participated · Series C · Oct 2018
Deliv operates a crowdsourced last-mile logistics platform focused on scheduled same-day delivery and returns. The company powers same-day delivery for over 5,000 businesses, including top omnichannel retailers such as Walmart, Macy’s, Best Buy, and The Home Depot, and partners with platforms like Google Shopping Actions and Farfetch. Deliv currently operates in 35 markets and more than 1,400 cities and positions its service as essential for retailers competing on convenience. Management says it will continue to develop the future of last-mile logistics and redefine convenience for retailers and consumers. The market opportunity is large: Business Insider Intelligence projects U.S. same-day delivery GMV could reach $55 billion within five years. Deliv is backed by strategic and financial investors across technology, automotive, transportation, REITs, and logistics sectors, which the company says supports its growth plans. Deliv is a Menlo Park, California-based crowdsourced last-mile logistics company that enables scheduled same-day delivery and returns for omnichannel retailers, local businesses, and e-commerce companies. Led by founder and CEO Daphne Carmeli, the company uses a crowdsourced model to provide scheduled, same-day delivery across retailers and merchants. It currently serves over 4,000 businesses including Macy’s, Best Buy, Kohl’s and Walgreens, operating in 17 markets and more than 100 cities. Deliv raised $28M in funding in the reported round. Backers included the UPS Strategic Enterprise Fund, Upfront Ventures, RPM Ventures, PivotNorth Capital, General Growth Properties, The Macerich Company, Simon Venture Group, Taubman Centers, Inc. and Westfield Corp. The company intends to use the funds for product development and to broaden its national presence. Deliv operates a crowdsourced same-day delivery platform that enlists a peer-to-peer network of shoppers and delivery people to fulfill local, on-demand deliveries. The company focuses on same-day and last-mile fulfillment through flexible, crowd-sourced drivers and shoppers. It recently raised $4.5 million in strategic funding from a group of investors that includes mall operators and existing backers. Named participants in the round are Simon Property Group, General Growth Properties, Macerich, Westfield, Upfront Ventures, RPM Ventures, and others. The funding follows $7.85 million the company had previously raised, bringing disclosed capital raised to date to $12.35 million. No operating metrics or the specific instrument types were disclosed in the article. Deliv builds technology that integrates directly into retailers' e-commerce sites to offer customers a same-day delivery option at checkout. Its service leverages a crowdsourced courier model and coordinates deliveries for in-store customers, including aggregating mall-wide purchases for patrons commuting by public transport. Deliv has a partnership with mall manager General Growth Properties; the service is currently available in four GGP malls and is expected to be nationwide by the holidays. The company plans to use the $6.85M Series A to hire staff and roll out services to hundreds of retailers located in shopping malls across America. Pricing for same-day delivery is similar to standard delivery, and the company says retailers drive demand and scale — once a retailer signs, Deliv can add zip codes to its database to enable demand in a city. Financially, Deliv has raised $6.85M in this Series A (led by Upfront Ventures and RPM Ventures) and $1M in seed funding from Redpoint Ventures, Trinity Ventures, General Catalyst Partners, PivotNorth Capital, and The Operator's Fund, bringing total funding to $7.85M. Deliv is a Palo Alto-based provider of same-day delivery services. It partners with national multichannel retailers to offer same-day delivery via a fleet of crowdsourced drivers. The service integrates a native "same-day delivery" button into online and mobile checkout screens so shoppers do not need to visit third-party sites or apps. Led by founder and CEO Daphne Carmeli, Deliv completed service trials in the San Francisco Bay Area. The company closed a $1M funding round with backers including General Catalyst, Redpoint Ventures, Trinity Ventures, Operators Fund and PivotNorth. Deliv is set to roll out in multiple U.S. metropolitan locations including the San Francisco Bay Area, Atlanta, Boston, Chicago, Dallas, Houston, Los Angeles, Phoenix, Indianapolis, Miami, New York, Philadelphia, Seattle and Washington D.C.