FInMile
London
About FInMile
Finmile builds AI-powered last mile and middle mile logistics software that helps businesses slash delivery costs, improve efficiency, and reduce carbon emissions, all while providing real-time visibility and proof of delivery. Mission & Impact: To revolutionize last mile delivery with intelligent routing and sustainable operations’empoweringbusinesses to scale with fewer resources and a lighter carbon footprint. Core Product & Features: AI-driven route optimization: Plans multi-stop routes in seconds and dynamically reoptimizes based on real-time variables like traffic, weather, and delivery time windows. Live tracking & proof of delivery: End-to-end visibility for dispatchers, drivers, and recipients’including ETA updates, photo capture, e-signatures, and automated notifications. Fleet & driver management: Real-time performance monitoring, smart dispatching, support for EVs and e-cargo bikes, and return logistics functionality. Scalable SaaS platform: Cloud-native, API-first solution built to support operations ranging from hundreds to millions of parcels per day, available as a white-label solution for 3PLs and national fleets. Performance & ROI: Clients typically achieve 30 to 42 percent savings in logistics costs and significant boosts in delivery efficiency’thanks to reduced mileage, fewer failed attempts, and improved stops per route. Sustainability Edge: Finmile emphasizes green logistics’supporting electric vehicles, e-cargo bikes, and emissions-minimizing routing’which positions it strongly amid regulatory pressures and growing demand for eco-friendly operations.
Company Facts
- Operating status: Active
- Company type: For Profit
- IPO status: Private
- Employees: 51 – 100
- Total funding: $7.0M
- Funding stage: Seed
- Last round: Seed (Oct 2024)
- Website: finmile.co
- Phone: +44 020 3576 1701
Industries & Categories
Generative AI, Logistics, Machine Learning, Supply Chain Management
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