FarEye Raises $100M in Series E Funding Round
- FarEye, a London, UK-based end-to-end, global delivery management platform, raised USD 100m in Series E funding
- The round was led by TCV and Dragoneer Investment Group with participation from existing investors Eight Roads Ventures, Fundamentum and Honeywell
- The company intends to use the funds to expand its software platform capabilities, drive European and North American expansion, and continue to attract talent
- FarEye provides a global delivery management platform for brands to provide Amazon Prime-like delivery experiences
- The platform is used by brands across retailers, manufacturers and third-party logistics providers & carriers
- The platform processes over 100M transactions each month, supports more than 25,000 drivers, and is integrated into a network of over two million vehicles