Mothership, a short-haul freight-technology company dedicated to same-day delivery, has raised $76m in a funding round.
The capital was raised from Benchmark, WestCap, Bow Capital, former Con-way Freight CEO Douglas Stotlar and other leading investors. The company expects to use the capital to expand its on-demand freight platform nationwide.
Mothership describes itself as a trusted logistics system for leading companies including DoorDash, GoPuff, Harbor Freight Tools, PayPal-owned returns-logistics business Happy Returns, and others.
Mothership allows businesses to deliver freight same day through automatic dispatch to the nearest carriers within their vast network. Its technology then optimally routes carriers on the most efficient route so that freight travels faster, costs less and reduces overall emissions.
Aaron Peck, Mothership founder and CEO, said, “Businesses are under immense pressure, but many still manage their supply chain and logistics by paper or without same-day freight. They need real-time dispatch and routing and short-haul trucks to succeed and bring their goods from warehouse to consumer.
“Mothership has built the technology and network at scale to bring freight same day. We believe same-day freight is the future.”
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