Fundraising Fox

Onward Delivery

Techstars '21

Denver, US · Founded 2021 · Delaware corporation · 19 employees on LinkedIn · 14 known investors

Onward operates a marketplace that matches freight brokers and shippers with box-truck carriers based on real-time truck capacity, focusing on final-mile delivery. It aims to reduce empty truck space so shippers get better rates, carriers earn more, and fewer trucks are on the road.

Also known as Onward · Onward Delivery

Founders & leadership

KW
Kevin WalshNamed on SEC filing
KP
Klint PriceNamed on SEC filing
EG
Elliott GraftonNamed on SEC filing

Board

ABAdam Burrows
Adam Burrowsin𝕏Board directorGeneral Partner at Range Technology Ventures

Investors · 14

Also in the syndicate · 7

Andrew LetoJames EberhardJett McCandlessLeo PolovetsMark JosephRange VenturesleadSean Henry

Reported raises · per SEC filings

Form D private placements

$6.1M disclosed across 2 of 3 rounds · 2021–2022

$2.5MraisedDec 2022 · 3 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Klint PriceExecutive Officer
  • Grafton ElliottExecutive Officer, Director
  • Kevin WalshExecutive Officer, Director
Offering amount
$2.5M
Amount sold
$2.5M
First sale
Jun 2022
Incorporated
Corporation, Delaware, 2019
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$3.6MraisedDec 2021 · 16 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Kevin WalshExecutive Officer, Director
  • Klint PriceExecutive Officer
  • Adam BurrowsDirector
  • Elliott GraftonExecutive Officer, Director
Offering amount
$3.6M
Amount sold
$3.6M
Minimum investment
$10K
Proceeds to insiders
$375K
First sale
Dec 2021
Incorporated
Corporation, Delaware, 2021
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Company profile

researched Aug 2026

Onward Delivery operates a final-mile freight marketplace for "big and bulky" goods such as furniture and large appliances. Shippers, retailers and brokers post orders to Onward's load board, where shipments are instantly priced and smart-matched to box trucks already traveling in the same direction, filling otherwise empty cargo space. The platform digitizes documents and processes across the final-mile journey and includes auto-scheduling, real-time tracking, routing and delivery planning, customer management and automated billing features.

The company sells to two sides of the market. Brokers and retailers use Onward to offload difficult, long-distance or seasonal-peak deliveries and to expand geographic reach without standing up their own delivery departments; carriers use the marketplace to claim or bid on FTL and LTL orders that fit their existing routes, offload low-margin orders and configure matching preferences. Onward also offers a dispatching software product, supplemental on-demand delivery teams drawn from a nationwide network of furniture carriers, and full-service delivery and warehousing management.

At the time of its December 2021 seed announcement, Onward served roughly 70-75 retail stores, with named partners including Slumberland Furniture, Bassett Furniture, Woodley's Fine Furniture, Element Home and The Tile Shop. Company materials later cite more than 1,000 final-mile carriers nationwide, hundreds of live integrations and over 30,000 orders delivered.

Founding story

According to the company's seed announcement, Onward Delivery was founded in 2020 by industry professionals who encountered the inefficiencies of freight brokerage firsthand. CEO Grafton Elliott said the idea followed his experience procuring box trucks for retailers in leadership roles at his prior company, CDS Logistics Management, where a lack of shipment density limited routing efficiency and brokers' direct partnerships with individual carriers created fragmentation. He described observing two separate box trucks dispatched to the same area for a large home improvement retailer when a single truck could have carried both shipments.

Business model

Onward operates a two-sided marketplace connecting shippers, retailers and brokers with box-truck carriers, taking orders onto a load board and matching them with carriers that have spare capacity. Alongside the marketplace it offers dispatching software, supplemental delivery teams and full-service delivery and warehousing operations.

Published pricing includes dispatching software at $200 per month when used standalone (offered free of charge when bundled with other services), supplemental delivery team pricing of roughly $120-$135 per white glove delivery and $90-$105 per drop-off delivery, plus industry-standard accessorial fees and a fluctuating fuel surcharge based on DOE standards. Full service and warehousing is quoted per engagement. Pricing depends on route time, order size, volume and delivery density, delivery complexity and local cost of living.

Traction

In December 2021 Onward reported partnerships with roughly 70-75 retail stores and named retail partners including Slumberland Furniture, Bassett Furniture, Woodley's Fine Furniture, Element Home and The Tile Shop, with a team of about 10 and plans to add roughly 20 employees. Later company materials cite more than 1,000 final-mile carriers nationwide, hundreds of live integrations, over 30,000 orders delivered, a 4.8 driver rating, a 0.2% incident rate and 94% on-time performance.

Latest developments

Current company materials present Onward as a broker- and forwarder-focused white glove and big-and-bulky delivery network with more than 1,000 final mile carriers nationwide and hundreds of live integrations, plus productized offerings spanning dispatching software, supplemental delivery teams, and full-service delivery and warehousing.

Full profile — market position, technology, go-to-market, geography, history, risks & controversies

Market position

Onward positions itself as an aggregator of box-truck capacity across a region rather than a partner to a single asset-based carrier, aiming to consolidate orders so that one full truck serves a given ZIP code. Company materials state it costs about 20% of standing up an in-house final mile department. Executives cited industry conditions in which 75% of big-and-bulky deliveries are still managed with pen and paper and 85% are completed without real-time tracking visibility.

The company emphasizes using existing, underutilized box-truck capacity instead of recruiting new assets when entering markets, enabling faster scaling; real-time visible pricing and load claiming; denser routes with fewer empty miles; and the ability for retailers outside major metros to offer faster, even same-day, delivery promises. Reducing carbon emissions from duplicate truck trips is presented as a co-benefit.

Technology

A data-driven capacity matching and route planning platform that instantly prices posted shipments and smart-matches them to trucks already heading in the same direction using directional mapping and configurable matching rules. Additional capabilities include real-time driver location and order tracking, automated scheduling, automated billing, digitized delivery documentation, route synchronization, integrations with carriers' existing software and recommendations on which orders carriers should post to the marketplace.

Go-to-market

Direct sales to brokers, forwarders and retailers via inbound contact forms and consultations, with free sign-up for carriers joining the marketplace. Following its seed round the company said it would aggressively build out its sales team to expand its carrier and customer network and pursue integrations that make posting shipments a one-click process.

Freight brokers and forwarders, retailers of heavy furniture and appliances (including furniture chains and home goods retailers), and box-truck final-mile carriers, many of them small owner-operated companies.

Geography

Headquartered at 4350 Kearney St, Denver, Colorado. In December 2021 the company's operating states were reported as Iowa, Colorado, Nebraska, Georgia, Kansas and Missouri in its press release, and as Colorado, Kansas, Wisconsin, Minnesota, Iowa, Ohio and Indiana in trade press coverage. Planned expansion targets included Texas, California, Florida, Georgia and Wisconsin, with a stated goal of 15 markets by the end of 2022. Company materials describe a nationwide carrier network.

History

Founded in 2020 per its seed press release, the company went through Techstars and announced an oversubscribed $4.7 million seed round on December 8, 2021, led by Range Ventures and Matchstick Ventures with follow-on participation from Springtime Ventures and a group of logistics-industry angel investors. Proceeds were directed toward engineering hires to build out its SaaS platform, marketplace integrations and sales expansion. The company's positioning subsequently broadened from a retailer-facing freight marketplace toward serving brokers and forwarders with a nationwide final-mile carrier network, dispatching software, supplemental delivery teams and full-service delivery and warehousing.

Risks & controversies

Reported figures for operating states and retail store counts differ between the company's December 2021 press release and contemporaneous trade coverage. A post-money valuation of $13.93 million cited in trade coverage was attributed to a third-party data provider rather than the company.

Compiled by commissioned research from 16 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Dispatching software priceJan 2025$200
Driver ratingJan 20254.8 rating
EmployeesDec 202110 people
Final mile carriers in networkJan 2025$1K
Incident rateJan 20250.2%
Live integrationsJan 2025100s
On-time performanceJan 202594%
Orders deliveredJan 202530,000 orders
Retail stores servedDec 202175 stores
States of operationDec 20216 states

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Competitors · 5

by search overlap
Onward Rides28 shared keywordsOnward provides transportation ordering and management software for healthcare facilities, along with an assisted door-through-door rideshare service called Companion Rides for patients and caregivers who need medical or non-emergency transportation.
CarrierSource24 shared keywordsCarrierSource is a carrier prospecting and vetting platform that combines verified customer reviews with FMCSA safety and insurance data, letting shippers and brokers search, qualify, and organize carriers before booking. It also offers carriers claimable profile pages and review-based marketing tools to attract relevant loads.
Onfleet logistics13 shared keywordsOnfleet provides delivery management software for businesses of all sizes, offering route optimization, driver and customer communication tools, mobile apps, and reporting and analytics. It serves companies looking to manage and improve last-mile delivery operations.
OptimoRoute11 shared keywordsOptimoRoute provides route optimization and planning software for managing a mobile workforce, letting businesses import orders, generate efficient multi-driver routes and schedules, and send them to drivers' phones. It also offers live tracking, customer ETA notifications, proof of delivery, post-service surveys, and analytics for delivery and field service operations.
ShipBob11 shared keywordsShipBob provides fulfillment and logistics services for ecommerce businesses, enabling direct-to-consumer brands to outsource order fulfillment and warehouse operations. The company operates over 50 fulfillment centers globally and serves thousands of ecommerce merchants.

Companies competing with Onward Delivery for the same Google search keywords, organic and paid, via search-intersection analysis.

Timeline · 3

launches, deals, and filings
Jan 2022
Planned expansion into Texas, California, Florida, Georgia and Wisconsin

The company stated plans to expand operations into additional states over the following year with a goal of operating in 15 markets by the end of 2022.

source ↗

Dec 2021
Onward Delivery closes oversubscribed $4.7M seed round

Onward Delivery announced an oversubscribed $4.7 million seed funding round led by Range Ventures and Matchstick Ventures, with follow-on investment from Springtime Ventures and participation from angel investors including Andrew Leto (Emerge), Jett McCandless (project44), Sean Henry (STORD), James Eberhard (Fluid Truck), Mark Joseph and Leo Polovets (Susa Ventures). Proceeds were earmarked for engineering hires to build out the SaaS platform and for sales expansion.

$4.7M source ↗

Dec 2021
Participation in Techstars

Press materials describe Onward Delivery as backed by Techstars.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Legal entities · 1

corporate structure
Onward DeliveryDelaware

In the news

Research sources · 16

primary sources listed

16 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Onward Delivery do?
Onward Delivery is a Denver-based final-mile freight marketplace matching big-and-bulky retail shipments to underused box trucks.
Who are Onward Delivery's investors?
Onward Delivery's investors include Matchstick Ventures, Range VC, Service Provider Capital, Techstars, Range Technology Ventures, Revolution, SpringTime Ventures.
How much funding has Onward Delivery raised?
Onward Delivery has disclosed $6.1M raised across 2 of its 3 known rounds.
Where is Onward Delivery headquartered?
Onward Delivery is headquartered in Denver, US.