The high cost of logistics means consumers end up paying higher prices. Deliveree is currently available in Indonesia, the Philippines and Thailand. It focuses primarily on large trucks that move commercial goods or large items. Kim said that based on Google Analytics, it gets more searched than other logistics companies. These include Waresix, Go Box, Kargo Tech and Logisly in Indonesia; Mober, Inteluck and TheLorry in the Philippines; and Giztik, TheLorry and Ezyhaul in Thailand. Logistics in much of Southeast Asia is not only complicated, but also expensive. Deliveree wants to solve that problem with a platform that not only lets clients book trucks, but also uses algorithms to determine the best route based on location, trucking loads and even the weather. The company announced today that it has raised a $70 million Series C led by Gobi Partners and SPIL Ventures, with participation from returning investor Inspire Ventures. This brings the company’s total raised so far to $109 million since it was founded in 2015.
One of the problems that Deliveree solves is inefficient use of trucks. For example, trucks deliver a load of goods, but then return empty to the warehouses. If it’s part of Deliveree’s system, however, companies can book it to ship goods on its way back. That makes better use of the money spent on fuel, time, and dispatch teams. The marketplace’s technology, combined with its volume, can identify customers both ways on a truck’s journey so it rarely travels empty. Deliveree monetizes by charging a fee to the customer and splitting it with the carriers. Deliveree’s standard ratio is 80% to the independent trucker or trucking company, and a 20% commission for the company.