Lastmily

Lastmily

Platform simplifies lastmile logistics, enabling you to manage day-to-day operations in your network efficiently and effortlessly.

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€1.0m

Seed
Total Funding000k
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Lastmily, founded in February 2021 by Theo Theodoridis and Dimitrios Stratakis, is a software-as-a-service (SaaS) provider addressing the last-mile delivery market. Headquartered in Thessaloniki, Greece, the company has developed a cloud-based platform to streamline and optimize logistics for e-commerce and delivery businesses.

The core of Lastmily's offering is its AI-powered platform designed to tackle inefficiencies, high operational costs, and lack of managerial control in delivery networks. The software provides a comprehensive suite of tools for stakeholders, including delivery operators, shippers, drivers, and end-recipients. Its key function is a sophisticated routing engine that optimizes delivery paths by considering real-world variables like vehicle volume and weight, time constraints, traffic data, and even combining driving with walking routes. This optimization aims to reduce operating costs by up to 40% and increase the number of deliveries per driver.

Lastmily's business model is centered on providing its integrated logistics platform on a subscription basis. The platform facilitates end-to-end delivery management, from the first to the last mile, incorporating features like payment on delivery, cross-docking, and warehouse management. It allows for the management of multiple carriers through a single interface, offering live monitoring and reporting. For the final customer, the service enhances the delivery experience by providing precise live tracking on an interactive map, accurate ETAs, and flexible options such as PUDO (Pick Up, Drop Off) and locker integration. This direct interaction also serves as a marketing tool for the shipper's brand.

The platform is designed for easy integration ('Plug and Play') with existing logistics operations. Clients can set up their company profile, resources, and operational parameters, and then upload daily delivery points for automatic optimization. Managers have a live overview of operations, while drivers receive their optimized itineraries via a mobile application that includes navigation. The system can dynamically re-optimize routes if new deliveries are added during the day. The company caters to various delivery types, including post and parcel, groceries, and big and bulky items. To date, Lastmily has raised $346K in funding through angel and seed rounds to support its growth.

Keywords: last-mile delivery, route optimization, logistics software, SaaS, delivery management, e-commerce logistics, real-time tracking, fleet management, AI logistics, delivery ecosystem, courier software, supply chain technology, final mile delivery, shipping management, PUDO integration, delivery cost reduction, recipient experience, transportation management, warehouse management, automated dispatch

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