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The last-mile transportation space is attracting major investment, with companies like China's Hello TransTech raising $2 billion for bike sharing. In India, logistics platform Porter has secured over $356 million to optimize its delivery operations. Beyond these large players, the sector features a range of business models from electric vehicle infrastructure to delivery drone manufacturing.
Below is our list of 25 Last Mile Transportation startups worth keeping an eye on.
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Get the Sheet for $50Porter has built a tech-enabled logistics platform to help businesses streamline their last-mile delivery operations. Their service connects companies with a wide network of vehicles for on-demand transport, simplifying the movement of goods across cities.
Veho created a delivery and returns platform to help e-commerce brands manage the final mile of shipping. Their technology gives customers more control over their deliveries through features like real-time tracking and flexible scheduling.
EV Realty develops and operates high-power charging hubs designed to electrify commercial delivery and service fleets. Their properties provide fleet operators with guaranteed, grid-scale charging access in strategic and secure locations.
OneRail offers a software-as-a-service platform to help enterprise shippers manage final mile delivery. Their system automates logistics and connects businesses with a courier network to ensure products reach customers efficiently.
Burq created a platform that aggregates multiple on-demand delivery services into a single API for businesses. This allows companies to easily implement and manage same-day, last-mile delivery for their customers.
Simple Energy manufactures a line of smart electric scooters built for urban transportation. The company's vehicles are recognized for their performance and advanced features, designed to accelerate the transition to electric mobility.
Wingcopter builds unmanned eVTOL fixed-wing aircraft for commercial and humanitarian applications. Their drone technology is focused on improving logistics and enabling last-mile transportation for goods.
GoBolt provides an end-to-end logistics solution for e-commerce brands, covering everything from fulfillment to sustainable last-mile delivery. Their technology platform simplifies the supply chain, while an all-electric fleet enables carbon-neutral shipping for partners.
Hello TransTech operates a vast bike-sharing network for short-distance commuters across China. After starting as HelloBike, they are now expanding into other areas of transportation technology.
Mottu provides motorcycle rentals for gig workers, enabling them to take on jobs with logistics and food delivery apps. Their service focuses on giving last-mile delivery drivers an affordable and accessible way to secure a vehicle for work.
Our top picks only scratch the surface of what's happening in last mile delivery. Together, these companies have raised nearly $200 million to build new approaches in logistics, retail, and mobility.
Some are early in their journey, while others are already scaling quickly. Here is a look at the other companies helping to shape the future of delivery.
| Startup | Main Industry | Year Founded | Amount Raised | Last Funding Round |
|---|---|---|---|---|
| Logistics | 2018 | $20.8M | Venture Round | |
| AI | 2020 | $22.6k | Grant | |
| Mobility | 2017 | $27.5M | Series B | |
| Logistics | 2017 | $39M | Series B | |
| Retail | 2015 | €26M | Venture Round | |
| Manufacturing | 2019 | €7.5M | Seed | |
| Retail | 2018 | $8.6M | Seed | |
| Mobility | 2021 | $5M | Seed | |
| Sports | 2017 | $22.6M | Series C | |
| Logistics | 2016 | $5.1M | Series A | |
| Mobility | 2018 | CHF3.8M | — | |
| Media | 2015 | €3.5M | Seed | |
| Enterprise | 2023 | €1.3M | Seed | |
| Retail | 2020 | $6M | Seed | |
| Food | 2016 | €7M | Undisclosed |
