This is a big week for Veho – we are kicking off the Techstars Boulder startup accelerator program! Techstars is one of the most prestigious investors in the world, with a deep bench of mentors across retail, logistics, and technology.
Denver 2018 Recap:
Since October 2018, we’ve delivered over 1,000 packages in Denver with an on-time delivery rate of 99.9%, and average customer rating of 4.99/5.0 stars. In addition, 300+ crowdsourced drivers signed up for Veho. 100% of our Denver clients are renewing their contracts for 2019.
Our Plan for Techstars: Launch in Dallas, TX.
Next, we will prove our model in a much larger and more strategic market: Dallas. Not only does DFW have a 10 times larger population than Denver, but it also serves as a huge logistical hub for many retail companies. If we can prove it there, we can quickly expand throughout the South.
Our Pre-seed round is oversubscribed. We are extremely excited to be partnering with several new investors, each bringing unique resources and expertise to support Veho.
Our Team is Growing. In the past month, we have welcomed Adam Gibbons (Senior Software Engineer) and Chris Morin (Denver Ops Manager) to the team. Both are superstars who are already making an impact on our day-to-day work.
The New Veho Driver App is available on Android! Previously, all of our drivers were iPhone only. We are excited that our Android app is now fully operational, increasing our potential driver pool by 65%!
Fred, Ita, and Team Veho