Nash Tracks Down $20M Series A For Delivery Tech

Delivery tech company Nash raised $20 million in a Series A round, TechCrunch reported Tuesday.

Nash’s platform allows businesses to manage and track local same-day deliveries (think things like small parcels, catering and meal kits). Nash pulls together delivery providers so businesses can pick the one that works best for them, and gives the businesses visibility to track an order from the beginning to delivery.

Andreessen Horowitz led the Series A, with participation from investors including Y Combinator and Rackhouse Venture Capital, according to TechCrunch. Nash was founded in 2021 and is based in San Francisco. 

The Nash network

“The Nash platform is built for flexibility. As a business, you can use Nash to run on-demand, scheduled, or even multi-drop off routes,”  Andrew Chen and Olivia Moore of Andreessen Horowitz wrote in a blog post.  “If you already have a fleet in some or all of your markets, you can add these drivers to Nash. The platform will optimize between internal and third-party drivers, saving valuable ops team time.”

The funding comes as many businesses are competing with Amazon to offer same-day delivery to customers who have grown accustomed to getting their orders fast. 

The company raised a $125,000 pre-seed round led by Y Combinator in August 2021, according to Crunchbase. Nash also raised a previously unannounced $7.8 million seed round led by Andreessen Horowitz late last year, according to TechCrunch. 

Since then, Nash “has also become a critical part of the logistics infrastructure for many larger enterprise and consumer companies—even marketplaces,” Chen and Moore wrote in their blog post.

Nash’s network is available in all 50 U.S. states and Canada. The new round will be used to scale the company and support more small and medium-sized businesses and enterprise customers, according to Andreessen Horowitz. 

Illustration: Li-Anne Dias