Last-mile delivery, a crucial step in the delivery process, continues to be a pain point for companies, with nearly 90% of retailers struggling with technical issues, costs, or a combination of both. To address this challenge, OneRail, a last-mile delivery solutions business founded by Bill and Lisa Catania in 2018, has raised $42 million in a Series C funding round led by Aliment Capital.

OneRail's platform automatically selects shipping modes and carrier networks to optimize orders based on factors like order data and historical performance. The platform is connected to a network of drivers and logistics companies and a customer support team that resolves issues as they arise. With this new funding, OneRail plans to enhance its product development and expand its 162-person team.

The company's revenue has grown 254% since November 2022, and it now reaches over 400 cities in the U.S. and Canada, handling more than 250,000 deliveries a day for around 50 brands. OneRail's acquisition of Orderbot, a Vancouver-based company that sells inventory management tools, further strengthens its position in the last-mile logistics space. With the market for last-mile delivery software projected to grow from $14.19 billion to $47.73 billion by 2034, OneRail is well-positioned to capitalize on this opportunity.