• Strategic financing, led by Aliment Capital, supports OneRail’s logistics technology and expansion of data science capabilities to drive novel omnichannel fulfillment
• Funding focused on unlocking dynamic fulfillment capabilities for enterprise retailers and wholesalers merging Inventory Visibility, Order Management and Last Mile Delivery into one seamless transaction

December 04, 2024 12:02 PM Eastern Standard Time

ORLANDO, Fla.–(BUSINESS WIRE)–OneRail, a leading provider of solutions in last mile omnichannel fulfillment, recently announced a strategic growth capital investment led by Los Angeles-based Aliment Capital, a global investment firm investing across the food value system, health and nutrition, and the supply chain. The partnership and financing will fund further enhancement of OneRail’s software as a service (SaaS) platform, OmniPoint^®, expanding capabilities that enable dynamic fulfillment and a seamless unified commerce experience for consumers, and comes amidst a challenging funding environment. A recent McKinsey report found that venture capital funding in the logistics sector has seen a 90% decline over the past two years.

“We’re strengthening our commitment to data science, machine learning and AI, enhancing our ability to offer the most robust multimodal, multi-carrier solution in the industry and derive deeper, more actionable insights from the extensive data that our platform generates, leading to lower fulfillment costs.”Post this

“This new financing enables us to deepen our decision logic upstream, in the inventory and order routing process, while continuing to expand our last mile fulfillment market penetration,” OneRail Founder and CEO Bill Catania said, referring to OneRail’s June acquisition of Orderbot, an inventory and distributed order management solution. “The Orderbot acquisition helps solve some of the acute challenges facing retailers and wholesalers, including split orders, out-of-stocks and canceled orders, through order routing logic that enables the dynamic selection of inventory from an array of fulfillment locations within a localized geography (based on order, shipping status and delivery cost) in real time,” Catania said. “We’re strengthening our commitment to data science, machine learning and AI, enhancing our ability to offer the most robust multimodal, multi-carrier solution in the industry and derive deeper, more actionable insights from the extensive data that our platform generates, leading to lower fulfillment costs.”

“OneRail is uniquely positioned to assist its leading global customer base in meeting intensifying consumer demand for same-day delivery, an increasingly critical capability for retailers’ last mile supply chain strategy. We are extremely impressed by the scale and capabilities of the OmniPoint platform, as well as their rapid growth and leading reputation in the sector. OneRail is contributing to a more resilient and sustainable supply chain, a growing focus for enterprise customers. We are enthusiastic to partner with Bill Catania and his exceptional team and excited to leverage Aliment’s expertise and ecosystem to support OneRail,” said Timothy Bluth, Principal at Aliment Capital.

OmniPoint automates fulfillment orchestration and last mile logistics, intelligently selecting the right place to fulfill inventory from, the right shipping mode and the right carrier to optimize every order. OneRail is well positioned to take a growing share of the logistics technology market, with year-over-year revenue growth of 102%.

Other high-profile investors include Lowe’s Home Improvement. Lowe’s announced its partnership with OneRail in July 2023, when it expanded same-day delivery service nationwide for orders placed on Lowes.com and the Lowe’s mobile app. Lowe’s invested in OneRail to be an early-stage investor in a company that helps it create a best-in-class omnichannel ecosystem for its Pro and DIY customers. Lowe’s bolstered its partnership with OneRail through a direct investment in 2024.

“OneRail has been a key partner in our omnichannel transformation, providing a fully integrated same-day delivery option for tens of thousands of products to customers’ homes or Pro jobsites,” said Marvin Ellison, Lowe’s chairman and CEO.

Since their last financing round in November 2022, OneRail has grown revenue by 254% and expanded service to more than 400 cities in the U.S. and Canada.

“OneRail’s solutions enable enterprise retailers and wholesalers to have best-in-class, last mile omnichannel fulfillment capabilities for both B2B and B2C models,” said David Rye, OneRail Advisor and former Blue Yonder SVP Strategy & Corporate Development. “This new financing enables OneRail to accelerate its growth with new and existing blue-chip customers.”

Joining the Series C financing with Aliment Capital and confirming the strength of OneRail’s solution, additional participating firms include new investors eGateway Capital and Florida Opportunity Fund, as well as existing investors Arsenal Growth Equity, Piva Capital, Bullpen Capital, Las Olas Venture Capital, Chicago Ventures, Gaingels and Mana Ventures.

About OneRail
OneRail is a leading omnichannel fulfillment solution pairing best-in-class software with logistics as a service to provide dependability and speed to help businesses meet their delivery promise. With a real-time connected network of 12 million drivers, OneRail matches the right vehicle for the right delivery so brands lower expenses and increase capacity to rapidly scale their businesses. This people-plus-platform approach features a 24/7 USA-based exceptions team who maintain a 98% on-time delivery rate. With its recent acquisition of Orderbot, a distributed order management solution, OneRail is integrating inventory and order management capabilities to enable store-shelf-to-doorstep visibility. By optimizing fulfillment processes, reducing costs and improving order accuracy, OneRail is committed to empowering clients and improving the customer experience.

OneRail was named to the Deloitte Technology Fast 500™ twice in a row, was ranked 19th in the FreightTech 25, named for the fourth year in a row to the FreightTech 100, was honored as one of Inc. magazine’s Best Workplaces 2023, was listed on Forbes’ 2024 and 2023 lists of America’s Best Startup Employers, was named to the Inc. 5000 two years in a row and was selected as the Last Mile Company of the Year for the 2024 SupplyTech Breakthrough Awards. To learn more about OneRail, visit OneRail.com.

About Aliment Capital
Founded in 2013, Los Angeles-based Aliment Capital is a leading global investment firm dedicated to advancing a healthy and prosperous future for the planet and its people. Aliment invests growth capital in established businesses that improve productivity, efficiency, and sustainability across food systems, supply chain, health and nutrition, and related sectors. For more information, visit www.alimentcap.com.

Contacts

Diffusion PR for OneRail
onerail@diffusionpr.com
(646) 571-0120

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