34 Best Last Mile Transportation Startups to Watch in [2023]

Have you ever wondered who is on the list of Last Mile Transportation Companies with the highest growth rates?

You’re not alone.

There are hundreds of Last Mile Transportation Companies found there, and keeping track of the hottest new startups can be challenging.

But don’t worry, we’ve got you covered. Here are the top 34 fast-growing Last Mile Transportation Startups that have top-tier venture capital funding.

What are Last Mile Transportation Startups?

Last Mile Transportation Startups are companies that focus on providing transportation services for short distances or the “last mile” of a journey. 

Examples of these startups include ride-hailing companies like Uber and Lyft, scooter-sharing services like Bird and Lime, bike-sharing services like Jump and Spin, and delivery services like Postmates and DoorDash.

Top 34 Fastest-Growing Startups In Last Mile Transportation

1) Delhivery

Delhivery is a supply chain management firm that specializes in transportation, warehousing, freight, and order fulfillment.

Details of the startup:

• Country: India
• City: Gurgaon
• Started in: 2011
• Founders: Bhavesh Manglani, Kapil Bharati, Mohit Tandon, Sahil Barua, Suraj Saharan
• Number of employees: 5001-10000
• Funding amount: $1,236,569,361
• Number of funding rounds: 11
• Number of investors: 13

You can find their website here.

2) Helbiz

Helbiz is a company that operates e-scooters, e-bicycles, and e-mopeds for intra-urban mobility.

Details of the startup:

• Country: United States
• City: New York
• Started in: 2016
• Founders: Salvatore Palella
• Number of employees: 251-500
• Funding amount: $56,850,000
• Number of funding rounds: 10
• Number of investors: 3

You can find their website here.

3) Lime

Lime makes it possible for individuals to get around their cities in a cost-effective and convenient manner while reducing their carbon footprint.

Details of the startup:

• Country: United States
• City: San Francisco
• Started in: 2017
• Founders: Adam Zhang, Brad Bao, Caen Contee, Charlie Gao, Kazuma Furuki, Toby Sun
• Number of employees: 501-1000
• Funding amount: $945,000,000
• Number of funding rounds: 13
• Number of investors: 50

You can find their website here.

4) TIER Mobility

TIER Mobility is a micro-mobility firm that offers clients long-term ride-sharing options.

Details of the startup:

• Country: Germany
• City: Berlin
• Started in: 2018
• Founders: Julian Blessin, Lawrence Leuschner, Matthias Laug
• Number of employees: 501-1000
• Funding amount: $447,948,158
• Number of funding rounds: 6
• Number of investors: 18

You can find their website here.

5) Volta Trucks

Volta Trucks is an electric vehicle manufacturer that focuses on creating sustainable cities.

Details of the startup:

• Country: Sweden
• City: Sigtuna
• Started in: 2019
• Founders: Carl-Magnus Norden, Kjell Walöen
• Number of employees: 51-100
• Funding amount: $25,041,096
• Number of funding rounds: 2
• Number of investors: 2

You can find their website here.

6) Whim

Whim is a mobility-as-a-service provider that bundles all city transportation services into a single app for its customers.

Details of the startup:

• Country: Finland
• City: Helsinki
• Started in: 2015
• Founders: Kaj Pyyhtia, Sampo Hietanen
• Number of employees: 51-100
• Funding amount: € 53,700,000
• Number of funding rounds: 5
• Number of investors: 12

You can find their website here.

7) dott

Dott provides dockless, shared electric scooters and bikes as short-distance transportation options.

Details of the startup:

• Country: The Netherlands
• City: Amsterdam
• Started in: 2018
• Founders: Henri Moissinac, Maxim Romain
• Number of employees: 51-100
• Funding amount: $140,844,538
• Number of funding rounds: 4
• Number of investors: 17

You can find their website here.

8) REEF Technology

REEF Technology is a firm that aims to turn static parking lots into flourishing mobility and logistics hubs.

Details of the startup:

• Country: United States
• City: Miami
• Started in: 2013
• Founders: Ari Ojalvo, Aziz Ihsanoglu, Philippe Saint Just, Umut Tekin
• Number of employees: 10001+
• Funding amount: $1,501,900,000
• Number of funding rounds: 3
• Number of investors: 7

You can find their website here.

9) Awign Enterprises

Awign is a work fulfillment platform that focuses on the gig economy and offers last-mile delivery.

Details of the startup:

• Country: India
• City: Bengaluru
• Started in: 2016
• Founders: Annanya Sarthak, Gurpreet Singh, Praveen Sah
• Number of employees: 251-500
• Funding amount: $5,463,025
• Number of funding rounds: 5
• Number of investors: 11

You can find their website here.

10) Cartwheel

Cartwheel is the most popular on-demand delivery management software for restaurants and other businesses.

Details of the startup:

• Country: United States
• City: Los Angeles
• Started in: 2020
• Founders: Alex Vasilkin, Dan Zamylin, Magdim Metshin
• Number of employees: 11-50
• Funding amount: $1,000,000
• Number of funding rounds: 1
• Number of investors: 3

You can find their website here.

11) Gogoro

Gogoro intends to develop consumer technologies that will enhance how energy is distributed and used in the world’s most populated cities.

Details of the startup:

• Country: Taiwan
• City: Taipei
• Started in: 2011
• Founders: Horace Luke, Matt Taylor
• Number of employees: 501-1000
• Funding amount: $480,000,000
• Number of funding rounds: 4
• Number of investors: 9

You can find their website here.

12) Wise Systems

The autonomous dispatch and routing software from Wise Systems uses artificial intelligence to increase fleet efficiency and customer experience in last-mile operations.

Details of the startup:

• Country: United States
• City: Cambridge-US
• Started in: 2014
• Founders: Ali Kamil, Chazz Sims, Jemel Derbali, Layla Shaikley
• Number of employees: 11-50
• Funding amount: $23,050,659
• Number of funding rounds: 7
• Number of investors: 16

You can find their website here.

13) FarEye

FarEye is a low-code Intelligent Delivery Management Platform that aims to improve everyone’s delivery experience.

Details of the startup:

• Country: United States
• City: Chicago
• Started in: 2013
• Founders: Gaurav Srivastava, Gautam Kumar, Kushal Nahata
• Number of employees: 251-500
• Funding amount: $150,739,000
• Number of funding rounds: 7
• Number of investors: 10

You can find their website here.

14) Oye Rickshaw

Oye Rickshaw is an electric vehicle energy solutions startup that uses a booking app to link customers with public transportation.

Details of the startup:

• Country: India
• City: Gurgaon
• Started in: 2017
• Founders: Akash Deep, Mohit Sharma
• Number of employees: 251-500
• Funding amount: $13,275,120
• Number of funding rounds: 3
• Number of investors: 10

You can find their website here.

15) Beam

Beam is a micromobility firm that rents out electric scooters.

Details of the startup:

• Country: Singapore
• City: Singapore
• Started in: 2018
• Founders: Alan Jiang, Deb Gangopadhyay
• Number of employees: 101-250
• Funding amount: $33,400,000
• Number of funding rounds: 5
• Number of investors: 25

You can find their website here.

16) Liftit

Liftit is Latin America’s premier technology platform for automating and executing last-mile truck deliveries.

Details of the startup:

• Country: Colombia
• City: Bogotá
• Started in: 2017
• Founders: Angel Celis Botto, Brian York, Felipe Betancourt Celis
• Number of employees: 251-500
• Funding amount: $39,000,000
• Number of funding rounds: 3
• Number of investors: 27

You can find their website here.

17) Uello

Uello applies technology to a difficult problem that is currently tackled in an antiquated manner: the urban logistics industry.

Details of the startup:

• Country: Brazil
• City: Sao Paulo
• Started in: 2016
• Founders: André Martins, Fernando Sartori
• Number of employees: 101-250
• Funding amount: R$22,450,000
• Number of funding rounds: 2
• Number of investors: 5

You can find their website here.

18) ofo

Ofo is a bike-sharing platform that operates entirely online and through a mobile app.

Details of the startup:

• Country: China
• City: Haidian
• Started in: 2014
• Founders: Wei Dai, Xue Ding, Yang Pinjie, Yu Xin, Zhang Siding, Zhang Yanqi
• Number of employees: 1001-5000
• Funding amount: $2,151,231,992
• Number of funding rounds: 9
• Number of investors: 23

You can find their website here.

19) DUCKT

Duckt is a solution for micromobility infrastructure. For better operations, a better experience for people, and a better city, we dock, lock, and charge.

Details of the startup:

• Country: Estonia
• City: Tallinn
• Started in: 2019
• Founders: Cagri Selcuklu, Evren Yazıcı, Goksen Atalay
• Number of employees: 1-10
• Funding amount: € 800,000
• Number of funding rounds: 2
• Number of investors: 2

You can find their website here.

20) GO Sharing

GO Sharing is an electric mobility firm that uses a smartphone app to help people find e-scooters.

Details of the startup:

• Country: The Netherlands
• City: Amsterdam
• Started in: 2019
• Founders: Doeke Boersma, Donny van den Oever, Raymon Pouwels
• Number of employees: 51-100
• Funding amount: $72,072,254
• Number of funding rounds: 2
• Number of investors: 5

You can find their website here.

21) Wingcopter

Wingcopter is an unmanned eVTOL fixed-wing aircraft company dedicated to improving people’s lives all around the world.

Details of the startup:

• Country: Germany
• City: Darmstadt
• Started in: 2017
• Founders: Ansgar Kadura, Jonathan Hesselbarth, Tom Plümmer
• Number of employees: 51-100
• Funding amount: $22,000,000
• Number of funding rounds: 3
• Number of investors: 5

You can find their website here.

22) Hello TransTech

Hello TransTech (previously HelloBike) is a Chinese company that creates smart-sharing bikes for short-distance travelers.

Details of the startup:

• Country: China
• City: Shanghai
• Started in: 2016
• Founders: Han Mei, Jiang Wei, Li Kaizhu, Yang Lei
• Number of employees: 1001-5000
• Funding amount: $1,754,944,610
• Number of funding rounds: 7
• Number of investors: 7

You can find their website here.

23) felyx

As a novel urban mobility idea, felyx offers shared electric scooters (mopeds).

Details of the startup:

• Country: The Netherlands
• City: Amsterdam
• Started in: 2016
• Founders: Maarten Poot, Quinten Selhorst
• Number of employees: 101-250
• Funding amount: € 28,100,000
• Number of funding rounds: 5
• Number of investors: 4

You can find their website here.

24) Unu motors

Unu is a battery-powered, smart electric scooter that allows people to commute in an urban area.

Details of the startup:

• Country: Germany
• City: Berlin
• Started in: 2013
• Founders: Elias Atahi, Mathieu Caudal, Pascal Leonard Blum
• Number of employees: 101-250
• Funding amount: $43,282,884
• Number of funding rounds: 7
• Number of investors: 8

You can find their website here.

25) eBikeGo

eBikeGo is a one-of-a-kind revolutionary enterprise that provides environmentally friendly transportation via eBikeGo rental and delivery.

Details of the startup:

• Country: India
• City: Mumbai
• Started in: 2019
• Founders: Hari Kiran P, Irfan Khan, Kedar Soman
• Number of employees: 51-100
• Funding amount: $2,200,000
• Number of funding rounds: 3
• Number of investors: 10

You can find their website here.

26) Grin Scooters

Grin Scooters is a Latin American micromobility firm that combined with Yellow to form Grow Mobility.

Details of the startup:

• Country: Mexico
• City: Mexico City
• Started in: 2018
• Founders: Bryan Zambrano, Guilherme Freire, Jonathan Lewy, Karime German, Luis Isaac Ramirez, Sergio Romo
• Number of employees: 101-250
• Funding amount: $72,652,616
• Number of funding rounds: 5
• Number of investors: 18

You can find their website here.

27) Cityscoot

Through an app, Cityscoot provides full access to electric scooters in Paris, Nice, Milan, and Rome.

Details of the startup:

• Country: France
• City: Paris
• Started in: 2014
• Founders: Bertrand Fleurose
• Number of employees: 251-500
• Funding amount: € 78,600,000
• Number of funding rounds: 5
• Number of investors: 10

You can find their website here.

28) Wind Mobility

Wind Mobility is a micro-mobility startup that specializes in providing last-mile transportation.

Details of the startup:

• Country: Spain
• City: Barcelona
• Started in: 2017
• Founders: Eric Wang
• Number of employees: 101-250
• Funding amount: $72,000,000
• Number of funding rounds: 2
• Number of investors: 2

You can find their website here.

29) tembici.

tembici. is a bike-sharing firm based in Brazil.

Details of the startup:

• Country: Brazil
• City: Sao Paulo
• Started in: 2012
• Founders: Maurício Villar, Tomás Martins
• Number of employees: 501-1000
• Funding amount: $62,000,000
• Number of funding rounds: 2
• Number of investors: 4

You can find their website here.

30) Yellow

Yellow is an online micromobility platform that allows users to rent bikes and e-scooters.

Details of the startup:

• Country: Brazil
• City: Sao Paulo
• Started in: 2017
• Founders: Ariel Lambrecht, Eduardo Musa, Renato Freitas
• Number of employees: 501-1000
• Funding amount: $125,300,000
• Number of funding rounds: 4
• Number of investors: 7

You can find their website here.

31) ONN Bikes

We’re a micromobility platform that makes first- and last-mile transit easier.

Details of the startup:

• Country: India
• City: Mumbai
• Started in: 2015
• Founders: Namit Jain, Shanky Munoth
• Number of employees: 101-250
• Funding amount: $791,935
• Number of funding rounds: 3
• Number of investors: 9

You can find their website here.‍

32) Vembla

Vembla is a marketplace where users can order groceries and everyday items from local businesses and have them delivered in minutes.

Details of the startup:

• Country: Sweden
• City: Stockholm
• Started in: 2019
• Founders: Dino Todorovic, Sunil Dutt
• Number of employees: 11-50
• Funding amount: SEK10,300,000
• Number of funding rounds: 3
• Number of investors: 6

You can find their website here.

33) Donkey Republic

Donkey Republic is a European bike-sharing business with a presence in more than ten major European cities.

Details of the startup:

• Country: Denmark
• City: Copenhagen
• Started in: 2014
• Founders: Alexander Frederiksen, Erdem Ovacik, Jens Kjærby Frandsen, Rune Kokholm
• Number of employees: 11-50
• Funding amount: $17,970,995
• Number of funding rounds: 7
• Number of investors: 5

You can find their website here.

34) SWAT Mobility

A tech business established in Singapore that specializes in demand-responsive shared transportation, making commuting easier for everyone.

Details of the startup:

• Country: Singapore
• City: Singapore
• Started in: 2015
• Founders: Arthur Chua, Jarrold Ong, Nicholas Jachowski, Shijing SJ Lin
• Number of employees: 51-100
• Funding amount: $12,263,720
• Number of funding rounds: 4
• Number of investors: 8

You can find their website here.

FAQs

Is Last Mile Transportation Business Profitable?

Yes, the last mile transportation business can be profitable. With the rise of e-commerce and on-demand services, last-mile transportation business opportunities have increased.

Companies such as Uber, Lyft, and Amazon Flex have made last mile transportation businesses more profitable by connecting customers to drivers quickly and efficiently. 

Additionally, a last mile transportation business can benefit from economies of scale, as the same driver can serve multiple customers in a given day.

What Is The Average Investment In Last Mile Transportation?

The average investment in the last-mile transportation business varies greatly depending on the size and scope of the business. 

Generally, investments range from $10,000 to $50,000, and can even reach up to $50,0000 or more in certain cases. To get a better idea of the potential cost of starting a last mile transportation business, it is best to consult a professional.