OneRail Funding, Investors & Competitors

OneRail has raised $110M across 6 funding rounds, most recently a $42M Series C in November 2024.

Last OneRail funding round

$42M

Series C · Nov 2024

Cumulative funding OneRail raised

$110M

across 6 funding rounds

Key investors in OneRail

  • Las Olas Venture Capital
  • Bullpen Capital
  • Chicago Ventures
  • Gaingels
  • Alpine Meridian
  • Mana Ventures
  • Arsenal Growth Equity
  • Ironspring Ventures

OneRail Overview

About OneRail

OneRail is an Orlando-headquartered logistics platform connecting shippers to 20,000+ couriers for last-mile delivery across the U.S. Founded in 2019, its OmniPoint network offers real-time tracking, route optimization, and white-glove services for e-commerce giants like Wayfair and retail chains. OneRail handles 5 million parcels monthly, integrating with Shopify and BigCommerce for seamless order fulfillment from urban hubs to rural areas.


Founded

2018

HQ

United StatesOrlando, FL

Status

Privately held

Customer focus

B2B

Revenue model

Subscription

OneRail Funding History

OneRail has raised a total of $110M across 6 funding rounds.

OneRail's first fundraising round was a $6M seed round in February 2020. The most recent completed round was a $42M Series C in November 2024.

OneRail funding rounds

OneRail funding rounds
DateStageInvestorsRaisedDeal Summary
Nov 2024Series CAliment Capital (lead); Arsenal Growth Equity; Bullpen Capital; Florida Opportunity Fund; Chicago Ventures; eGateway Capital; Las Olas Venture Capital; Piva Capital; Gaingels; Mana Ventures$42MOneRail is an Orlando, Florida-based logistics technology company founded in 2018 by Bill and Lisa Catania, specializing in last-mile delivery solutions for retailers and wholesalers. Its SaaS platform, OmniPoint, integrates shipping carriers, delivery drivers, and fulfillment operations to optimize orders, automate rate shopping, and provide real-time visibility, connecting to a network of over 12 million vetted drivers across more than 400 cities in the U.S. and Canada. The company serves around 50 brands, handling over 250,000 deliveries daily, with customers including Lowe’s and PepsiCo. On November 21, 2024, OneRail raised $42 million in a Series C funding round led by Aliment Capital, with participation from eGateway Capital, Florida Opportunity Fund, and existing investors Arsenal Growth Equity, Piva Capital, Bullpen Capital, Las Olas Venture Capital, Chicago Ventures, Gaingels, and Mana Ventures. This brings total funding to approximately $109 million, following a $33 million Series B in 2022. The round is described as 100% equity and an up round with pre-money valuation 120% higher than Series B, accompanied by a $13 million debt facility from Silicon Valley Bank. Proceeds will advance the OmniPoint platform, particularly upstream decision logic in order fulfillment to address split orders, out-of-stocks, and cancellations, while expanding the 162-person team. OneRail reported 254% revenue growth since November 2022 and projects profitability in 2025, amid a logistics VC funding decline of 90% per McKinsey. In June 2024, it acquired Orderbot to enhance inventory and order management for store-shelf-to-doorstep visibility.
Jan 2024Series AUndisclosed investor (lead)$13M-
Nov 2022Series BArsenal Growth Equity (lead); Piva Capital (lead); Ironspring Ventures; Triphammer Ventures; Bullpen Capital; Las Olas Venture Capital; Trimble Ventures; Gaingels; Mana Ventures; American Tire Distributors$33MOneRail is an Orlando-based last-mile transportation visibility and delivery orchestration platform that connects shippers with a network of 10 million drivers to provide Amazon-level speed and dependability across retail, CPG, distribution, construction, healthcare, and other sectors, achieving a 98.6% on-time delivery rate. The company announced a $33 million Series B funding round on November 30, 2022, co-led by Piva Capital and Arsenal Growth Equity, with participation from American Tire Distributors (ATD), Trimble Ventures, and existing investors including Ironspring Ventures, Las Olas Venture Capital, Bullpen Capital, Triphammer Ventures/Alumni Ventures Group, Gaingels, and Mana Ventures. This round brought total funding to $54.5 million since its seed round two years prior. CEO Bill Catania highlighted 312% year-over-year revenue growth since the 2021 Series A, expansion to over 330 U.S. cities, and a delivery fulfillment system transacting over 12 million data calls per minute. The funds were allocated to scale sales and marketing teams, hire business development representatives, segment customer approaches, add leaders like Chief Revenue Officer Ron Richardson (from FourKites and Turvo), and invest in data science to leverage transactional data for improved matching, pricing, efficiencies, fulfillment capabilities, and sustainability. Catania noted the round was sized to drive the business model to profitability, potentially as the last capital raise needed. Arsenal Growth Equity's John Trbovich praised OneRail's differentiated supply chain solution and robust technology platform, drawing parallels to their investments in Cart.com and Orderbot. The investment reflects confidence in OneRail's team, vision, and strategy to transform last-mile logistics amid e-commerce growth. Subsequent developments include a $42 million Series C in November 2024 led by Aliment Capital, with Arsenal Growth Equity continuing participation, amid a logistics VC funding decline from $25.6 billion in 2021 to $2.9 billion in 2023; OneRail reported 254% revenue growth post-Series B, expanding to over 400 cities in the U.S. and Canada to advance its OmniPoint SaaS platform.
Aug 2021Series AIronspring Ventures (lead); Bullpen Capital; Chicago Ventures; Creative Co Capital; Las Olas Venture Capital; Alpine Meridian; Gaingels$9MOneRail, a final mile delivery fulfillment SaaS platform, closed a $9 million Series A funding round on August 31, 2021, led by Ironspring Ventures with participation from Alpine Meridian, Bullpen Capital, Chicago Ventures, Creative Co Capital, Gaingels, and Las Olas Venture Capital. The investment supports platform and courier marketplace expansion amid record 10x year-over-year revenue growth. OneRail achieves a 98.6 percent on-time delivery rate and near-zero exceptions rate, serving industries including retail, healthcare, and construction. The capital will expand the customer success team, delivery operating system capabilities, Logistics Partner Network, and key partnerships such as integration with SAP Commerce Cloud.
Jan 2021SeedBullpen Capital (lead); Chicago Ventures (lead); Creative Co Capital; Las Olas Venture Capital; Alpine Meridian; Alumni Ventures$7MOneRail is an Orlando-based delivery orchestration and fulfillment platform that connects shippers' demand signals from POS, eCommerce, OMS, or ERP systems to a network of over 120 final mile couriers with 6 million drivers and 65 parcel and LTL carriers, automating rate shopping, dispatch, tracking, and optimization for cost-effective last-mile delivery. The platform provides real-time visibility, actionable data, and event-driven notifications to make final-mile deliveries as seamless as financial transactions. On January 13, 2021, OneRail completed a $6.7 million late seed financing round led by Chicago Ventures and Bullpen Capital, with participation from existing investors Las Olas Venture Capital and Alpine Meridian Ventures, plus new investors Triphammer Ventures (Alumni Ventures Group) and CreativeCo Capital. This brought total seed funding to $12.5 million since the initial series seed close in Q1 2020. The funds support scaling business development, sales, marketing, and tripling the team size amid growing demand for reliable last-mile alternatives. In 2020, OneRail rapidly expanded its retail and distribution customer base, delivering operational value assessments for supply chain cost reductions. The round followed a prior $5.8 million seed investment in February 2020 led by Las Olas Venture Capital with Chicago Ventures and Alpine Meridian Ventures participation, securing early contracts with American Tire Distributors and Menards.
Feb 2020SeedLas Olas Venture Capital (lead); Chicago Ventures; Alpine Meridian$6MOneRail, an Orlando-based final mile orchestration and fulfillment platform, raised $5.8 million in venture funding on February 26, 2020. The round was led by Las Olas Venture Capital, with participation from Chicago Ventures, Alpine Meridian Ventures, and several leaders from the retail and supply chain sectors. The funding aimed to scale service offerings with existing clients, expand platform capabilities, and grow the logistics operations team. OneRail connects carriers, retailers, and manufacturers to solve final mile supply chain challenges, providing efficient deliveries driven by customer demand for selection, lower prices, and convenient options. Investors highlighted the company's potential to deliver operational excellence in last-mile delivery. Partners like Warehouse Anywhere leverage OneRail's platform for data visualization in inventory management and optimal distribution. This seed round marked the beginning of institutional investment, with Las Olas Venture Capital as the first VC partner. OneRail later extended its seed efforts, completing a $6.7 million late seed financing in January 2021 led by Chicago Ventures and Bullpen Capital, bringing total seed funding to $12.5 million with continued participation from Las Olas and Alpine Meridian.

Who has invested in OneRail?

18 investors have backed OneRail across its funding rounds, including Las Olas Venture Capital, Bullpen Capital, Chicago Ventures, Gaingels, Alpine Meridian and Mana Ventures.

Lead investors include Aliment Capital, Undisclosed investor, Arsenal Growth Equity, Piva Capital, Ironspring Ventures and 3 other investors.


OneRail Investors

Investors in OneRail by funding rounds participated
InvestorHQRoundsRoleFirst check
Las Olas Venture CapitalUnited StatesUnited States5LeadFeb 2020
Bullpen CapitalUnited StatesSan Francisco, CA4LeadJan 2021
Chicago VenturesUnited StatesChicago, IL4LeadFeb 2020
Alpine MeridianUnited StatesNew York City, NY3ParticipantFeb 2020
GaingelsUnited StatesNew York City, NY3ParticipantAug 2021
Ironspring VenturesUnited StatesAustin, TX2LeadAug 2021
Arsenal Growth EquityUnited StatesOrlando, FL2LeadNov 2022
Creative Co CapitalUnited StatesCharlotte, NC2ParticipantJan 2021
Piva CapitalUnited StatesSan Francisco, CA2LeadNov 2022
Mana VenturesUnited StatesSan Francisco, CA2ParticipantNov 2022
Triphammer VenturesUnited StatesNew York City, NY1ParticipantNov 2022
Florida Opportunity FundUnited StatesOrlando, FL1ParticipantNov 2024
eGateway CapitalUnited StatesCincinnati, KY1ParticipantNov 2024

This data is available for Pro users. Sign up to see all 18 OneRail investors.

Start Free Trial

Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples

Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.

Start Free Trial

Acquisitions by OneRail

OneRail has acquired 1 company to date.

Last acquisition by OneRail was on June 5th 2024. OneRail acquired Orderbot for undisclosed valuation.


Latest Acquisitions by OneRail

Orderbot
Description
Orderbot is a U.S.-based SaaS automating order desk operations for distributors and wholesalers. The platform handles quoting, inventory checks, and order fulfillment via integrations with ERP systems like SAP and QuickBooks. Deployed by 300 companies in manufacturing and construction, it reduces processing time by integrating email, phone, and web orders. Founded in 2010, Orderbot operates from servers in AWS with mobile apps for field reps.
HQ CountryCanada
HQ City
Vancouver
Deal Date5 Jun 2024
Valuationundisclosed
EV/Revenue
EV/EBITDA

This data is available for Pro users. Sign up to see all OneRail acquisitions and their M&A valuation multiples.

Start Free Trial

OneRail Competitors

OneRail competitors include listed companies like Full Truck Alliance and WiseTech Global, and private ones like Uber Freight, Loggi, Sennder and CloudTrucks.

Public and private companies comparable to OneRail
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
Uber FreightUnited StatesSan Francisco, CAPrivate$211M-$3.3B15.6x
LoggiBrazilSão PauloPrivate--$1.8B-
SennderGermanyBerlinPrivate--$1B-
CloudTrucksUnited StatesSan Francisco, CAPrivate--$850M-
Full Truck AllianceChinaChinaPublicly listed$1.9B$676M$8.4B2.8x
WiseTech GlobalAustraliaAustraliaPublicly listed$779M$315M$7.6B6.8x

OneRail Public Comps

OneRail is still privately-owned, but its public comps include Canadian National Railway, Maersk, Roper Technologies, Old Dominion Freight Line, Dassault Systemes, XPO, Manhattan Associates, Getlink, U-Haul and Knight-Swift.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Canadian National Railway$12B$6.5B7.2x6.8x13.6x13.9x
Maersk$54B$10B1.1x1.0x5.9x5.4x
Roper Technologies$7.9B$3.2B6.1x5.7x15.2x14.6x
Old Dominion Freight Line$5.5B$1.7B6.6x6.2x20.9x18.9x
Dassault Systemes$7.2B$2.2B4.0x4.0x13.2x11.2x
XPO$8.2B$1.2B3.0x2.8x20.6x16.6x
Manhattan Associates$1.1B$288M11.2x10.6x42.2x29.7x
Getlink$1.8B$831M8.6x8.1x19.1x15.8x

This data is available for Pro users. Sign up to see all OneRail competitors and their valuation data.

Start Free Trial

Common questions about OneRail

When was OneRail founded?OneRail was founded in 2018.
Where is OneRail headquartered?OneRail is headquartered in Orlando, FL, United States.
Is OneRail publicly listed?No, OneRail is a private, VC-backed company.
How much funding has OneRail raised?OneRail has raised $110M across 6 funding rounds.
What was OneRail's last funding round?OneRail's last funding round was a $42M Series C in November 2024, led by Aliment Capital.
Who are OneRail's investors?OneRail's investors include Las Olas Venture Capital, Bullpen Capital, Chicago Ventures, Alpine Meridian, Gaingels, Ironspring Ventures, Arsenal Growth Equity, Creative Co Capital, Piva Capital, Mana Ventures and 8 others.
Which companies are comparable to OneRail?Companies comparable to OneRail include Uber Freight, Loggi, Sennder, CloudTrucks, Full Truck Alliance and WiseTech Global.
How many companies has OneRail acquired?OneRail has acquired 1 company, including Orderbot.

See companies similar to OneRail

Start Your
Free Trial Today

Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.

Start Trial