Evermile Raises $6M in Seed Funding

Evermile draws $6M funding to make local delivery services efficient using AI — TFN

Evermile, a London-based delivery platform provider for small businesses, has secured $6 million in Seed funding led by 10D, with participation from Mensch Capital Partners and angel investors. The company intends to utilize the funds to expand operations and enter new markets globally. Evermile's platform automates delivery operations, making enterprise-grade logistics accessible to SMBs. The company has partnered with over 300 local merchants in the UK, including pharmacies, flower shops, and bakeries.

Evermile Raises $6 Million in Seed Funding to Expand Delivery Platform

Evermile, based in London, UK, offers a delivery platform specifically designed for small businesses, simplifying and automating complex delivery operations, making enterprise-grade logistics accessible to owner/operator-operated SMBs. The company has developed an optimization engine that leverages mobility-based algorithms and AI aggregation models to reduce delivery costs and improve the unit economics of local delivery for small businesses.

A delivery platform built for small businesses, simplifying and automating complex delivery operations.

2 years ago

Evermile Raises $6 Million in Seed Funding to Expand Delivery Platform

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