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Deliveree

From EverybodyWiki Bios & Wiki

Deliveree
Private
ISIN🆔
Industry
  • Transportation
  • Logistics
  • Technology
Founded 📆2014
Founder 👔
Headquarters 🏙️,
Area served 🗺️
Indonesia, Thailand, and the Philippines
Key people
Tom Kim, (CEO)
Quan Nguyen, (CTO)
Members
Number of employees
🌐 Websitewww.deliveree.com
📇 Address
📞 telephone

Deliveree is a third-party logistics (3PL) company based in Southeast Asia[1] that operates a tech marketplace[2] to connect customers with truck drivers through mobile and web applications to carry out the transportation of goods, cargo, and freight.[3] The company currently operates in three countries: Indonesia, Thailand, and the Philippines, where it is known as Transportify.[4][5][6]

History[edit]

Deliveree was founded in 2014 in Thailand. A year later, the company expanded its operations to Indonesia[7] and then the Philippines under the brand name Transportify, backed by early investors Inspire Ventures and Ardent Capital.[8]

The company shifted its focus to business-to-business services in 2016 and created services catered to business operators and corporations.[9] In 2017, Deliveree raised $14.5 million from a Series A funding round led by Gobi Partners, PSA Unboxed, Asia Summit Capital, and Inspire Ventures.[8]

In 2020 Deliveree raised $18.5 million from a Series B round of funding, and by 2022 the company secured $70 million through a Series C round[5] led by Gobi Partners and SPIL Ventures.[4][10] This step brought the total amount of capital raised by the company to $109 million since it was founded in 2015.[6][11]

In June 2022, Deliveree moved its headquarters to Jakarta as the Indonesian market contributed 40 percent of its Gross Transaction Value (GTV).[12] As of 2022, Deliveree employs approximately 500 associates, aggregates the services of around 100,000 independent drivers and trucking companies across Southeast Asia[1][3] to support over 25,000 B2B clients[5][13] and manage around 25,000 deliveries and cargo transport operations each day.[4] From 2020 until 2022, Deliveree reported an increase in gross transaction numbers by 3.2 times.[13]

Operations[edit]

Inland trucking and logistics[edit]

Deliveree started out as an on-demand Full Truckload service marketplace before expanding its product lineup to include Less than Truckload services as well.[14] Both services are offered through its online logistics marketplace, where all processes, from dispatch, tracking, and delivery, are digitized through the company’s app and dashboard.[15] Deliveree acts as a connector between senders and truck drivers, which makes the platform asset-light, flexible, and scalable. Amid rising fuel prices in June 2022, Deliveree reported growing demand for its services.[16] Deliveree is also notable for its training and support programs for onboarded drivers.[17]

Inter-island delivery[edit]

SPIL Ventures, the venture capital arm of Indonesian logistics and shipping lines company PT. Salam Pasific Indonesia Lines,[12] announced a strategic investment in Deliveree to enable the tech platform to provide inter-island deliveries.[1][11] To that end, SPIL leveraged its supply chain infrastructure and network in Indonesia’s major ports to support Deliveree’s containerized cargo solutions.[18]

Big data and predictive analytics[edit]

Deliveree’s marketplace relies on big data to increase the utilization of empty trucks and reduce driver transit costs,[19] which solves the poor utilization of truck fleets throughout 2022.[15] Big data and predictive analytics are utilized to keep vehicle utilization rates at 75 percent in areas such as Java (Indonesia), Luzon (the Philippines), and Bangkok (Thailand).[18] In order to improve delivery time predictions over time, Deliveree utilizes traffic, average loading-time, and weather data.[12]

References[edit]

  1. 1.0 1.1 1.2 Li, Martina (2022-06-28). "Feeder line SPIL and PE fund Gobi invest in Indonesian logistics operator". The Loadstar. Retrieved 2023-01-08.
  2. "Deliveree Bags US$70 Mln Funding from Gobi Partners, SPIL Ventures". D-Insights. 2022-06-26. Retrieved 2023-01-08.
  3. 3.0 3.1 Shu, Catherine (2022-06-27). "Deliveree is smoothing Southeast Asia's bumpy logistics landscape". TechCrunch. Retrieved 2023-01-08.
  4. 4.0 4.1 4.2 Chong, Claudia (2022-06-27). ""Logistics Startup Deliveree Raises US$70m in Series C Funding Led by Gobi, SPIL Ventures". The Business Times. Retrieved 2023-01-09.
  5. 5.0 5.1 5.2 Tariq, Qishin (2022-06-27). "Indonesia's Deliveree nets $70m in Gobi, SPIL-led round". Tech in Asia. Retrieved 2023-01-08.
  6. 6.0 6.1 Rossiana, Gita (2022-06-27). "Thai logistics firm Deliveree bags $70m in Series C led by Gobi Partners". DealStreetAsia. Retrieved 2023-01-08.
  7. Cosseboom, Leighton (2015-10-15). "This startup delivers boxes in Jakarta. Nope, it's not Go-Jek". Tech in Asia. Retrieved 2023-01-08.
  8. 8.0 8.1 Ellis, Jack (2017-10-09). "Logistics startup Deliveree hauls $14.5m in series A round". Tech in Asia. Retrieved 2023-01-08.
  9. Baziad, Masyitha (2016-08-11). "Thailand's Deliveree shifts to a B2B gameplan". Digital News Asia. Retrieved 2023-01-08.
  10. Rahayu, Isna (2022-06-27). "Deliveree dapat pendanaan seri C senilai 70 juta dollar AS untuk perkuat supply chain". Kompas (in Indonesian). Retrieved 2022-01-11. Unknown parameter |url-status= ignored (help)CS1 maint: Unrecognized language (link)
  11. 11.0 11.1 "Southeast Asian logistics firm Deliveree raises $70M led by Gobi Partners and SPIL Ventures". TechNode Global. 2022-06-27. Retrieved 2023-01-08.
  12. 12.0 12.1 12.2 Diela, Tabita (2022-06-29). "Fresh from a $70m round, Deliveree looks to expand "war on empty trucks" across Indonesia". DealStreetAsia. Retrieved 2023-01-08.
  13. 13.0 13.1 Paat, Jordan (2022-06-27). "Deliveree raih pendanaan seri C Rp 1 triliun". Tempo (in Indonesian). Retrieved 2022-01-11. Unknown parameter |url-status= ignored (help)CS1 maint: Unrecognized language (link)
  14. "Deliveree launches "Muat Sebagian", allows users to split the shipping cost". Heaptalk. 2021-09-23. Retrieved 2023-01-08.
  15. 15.0 15.1 "Deliveree Raises USD 70 Million Series C to Expand Its Logistics Mega Marketplace". APN News. 2022-07-03. Retrieved 2022-01-08.
  16. Yordan, Jofie (2022-07-02). "As gas prices soar, SEA logistics players brace for impact". Tech in Asia. Retrieved 2022-01-08.
  17. Fadillah, M. Ghafur (2022-06-27). "Wow! Deliveree Raih Pendanaan Seri C Senilai US$ 70 Juta". Berita Satu (in Indonesian). Retrieved 2022-01-11. Unknown parameter |url-status= ignored (help)CS1 maint: Unrecognized language (link)
  18. 18.0 18.1 Racoma, J. Angelo (2022-07-15). "Deliveree's Tom Kim on solving logistics industry challenges through big data and predictive analysis [Q&A]". TechNode Global. Retrieved 2023-01-09.
  19. "Deliveree raises USD 70 million in series C funding | IDNFinancials". IDN Financials. 2022-06-29. Retrieved 2023-01-09.


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