OneRail Secures $42 Million Series C Investment to Drive Growth

Deal News | Dec 04, 2024 | Aliment Capital LLC

OneRail Secures $42 Million Series C Investment to Drive Growth

OneRail, a prominent provider of last mile omnichannel fulfillment solutions, has secured a strategic growth capital investment led by Aliment Capital amounting to $42 million in a Series C funding round. This injection of funds aims to enhance OneRail’s OmniPoint SaaS platform, which is pivotal in improving dynamic fulfillment for retailers and supporting same-day delivery capabilities. The investment comes at a time when venture capital in the logistics sector is experiencing a significant downturn, with a reported 90% decline over the past two years as per a McKinsey report. The OneRail platform leverages advanced technologies such as data science, machine learning, and AI to optimize inventory management and order routing, thereby reducing fulfillment costs and improving supply chain resilience. Participating investors in this round include eGateway Capital, Florida Opportunity Fund, Arsenal Growth Equity, and other prominent firms. OneRail’s recent acquisition of Orderbot enhances its capability to resolve common challenges faced by retailers, such as split orders and out-of-stock issues. The company is poised for accelerated growth, maintaining an exceptional year-over-year revenue increase of 102% and expanding its services across 400 cities in the U.S. and Canada. This positions OneRail as a leader in omnichannel fulfillment, particularly in last-mile logistics. Investors like Lowes Home Improvement are also backing OneRail in pursuit of strengthening their omnichannel ecosystems.

Sectors

  • Logistics and Supply Chain
  • Technology
  • Investment and Finance

Geography

  • United States – OneRail is expanding its reach across 400 cities in the U.S., and major partner Lowes is based in the United States.
  • Canada – OneRail's services have also expanded into Canada, marking a geographic growth beyond the U.S.
  • Los Angeles, United States – Aliment Capital, the leading investment firm in the funding round, is based in Los Angeles, contributing to the geography's relevance.

Industry

  • Logistics and Supply Chain – The industry is relevant due to OneRail’s focus on providing omnichannel fulfillment solutions, optimizing last mile logistics, and improving supply chain operations.
  • Technology – OneRail’s development of SaaS platforms and use of AI, machine learning, and data science to enhance logistics solutions situates them within the technology sector.
  • Investment and Finance – The $42 million Series C funding round highlights significant investment activity led by Aliment Capital aiming at scaling OneRail's operations.

Financials

  • $42 Million – Series C funding amount raised by OneRail, led by Aliment Capital.
  • 102% – OneRail's year-over-year revenue growth.
  • 254% – Revenue growth since the last financing round in November 2022.

Participants

NameRoleTypeDescription
OneRailTarget CompanyCompanyA leading provider of omnichannel fulfillment solutions focused on optimizing last mile logistics.
Aliment Capital LLCLead InvestorCompanyA global investment firm based in Los Angeles focusing on food systems, supply chain, and health & nutrition sectors.
Lowes Home ImprovementInvestor and Strategic PartnerCompanyAn existing investor and strategic partner focused on strengthening their omnichannel delivery capabilities with OneRail.
eGateway CapitalInvestorCompanyParticipated in the Series C funding round for OneRail.
Florida Opportunity FundInvestorCompanyParticipated in the Series C funding round for OneRail.
Arsenal Growth EquityInvestorCompanyAn existing investor in OneRail.
Bill CataniaFounder and CEOPersonFounder and CEO of OneRail, focused on leveraging technology for enhanced last mile fulfillment.
Timothy BluthPrincipal at Aliment CapitalPersonPrincipal at Aliment Capital, expressing enthusiasm for partnering with OneRail.
Marvin EllisonChairman and CEO of LowesPersonCEO of Lowes, highlighting the strategic partnership with OneRail.