HyperTrack Secures $25 Million in Series A Funding to Deliver Next Generation Technology for Last Mile Logistics
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Wednesday, August 17, 2022
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The company concurrently announced the release of BuilderX, enabling the fastest time-to-market for developers building last mile logistics technology for on-demand use cases.
Key Points:
- The company concurrently announced the release of BuilderX, enabling the fastest time-to-market for developers building last mile logistics technology for on-demand use cases.
- Logistics represents 12% of global GDP, yet the technology that enables it is stuck in the past, said Sumir Chadha, managing partner of WestBridge Capital .
- We are seeing a strong movement in the market to upgrade logistics tech solutions through in-house builds and HyperTrack is the API of choice for these developers.
- Additionally, HyperTrack has expanded its leadership ranks with technology veterans with a proven track record of creating unicorns and decacorns that dominate markets.