ABUL ANSARI FYBCOM-D ROLL NO. C2103403

ABUL ANSARI FYBCOM-D ROLL NO. C2103403.

FarEye. Startup FarEye Legal Name RoboticWares Private Limited Headquarters Greater Chicago Area, Great Lakes, Midwestern US Industry Artificial Intelligence , Logistics , Delivery , Enterprise Software, Last Mile Transportation Founded 2013.

Meaning. Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations. The content in this post has been approved by Fareye ..

FarEye - Name, Tagline and Logo. FarEye's tagline says , "Improving Logistics Collaboration And Driving Supply Chain Excellence." Another tagline used in the company's website is, ' Making Deliveries Better for Everyone'.

FarEye - Founder and History.

About FarEye and How it Works?. FarEye's products include last-mile delivery routing software, logistics, and supply chain visibility software, and software to improve coordination between enterprises and logistics partners..

FarEye - Mission and Vision. FarEye's mission statement says, "With a mission to make logistics more efficient, predictive and organized, we set out to build a robust technology platform that leading global enterprises across 30+ countries adopted. We are on the path to building an autonomous logistics platform that would make it not just efficient but also self-sustaining & profitable for enterprises.".

FarEye is a logistics SaaS startup and earns revenue from subscription charges. Businesses use FarEye's intelligent and sophisticated platform to deploy several delivery models from multiple inventory locations, including same-day, next-day, on-demand, and doorstep..

FarEye - Revenue and Growth. As reported in 2020, FarEye has around 350 employees, and the company is handling over 10 million transactions a day. The company has clients in over 30 nations, and across many industries including transportation, logistics, retail, and FMCG. As per some reports, in 202o FarEye made revenue worth $26.8 million, and the company's products are being used by over 150 businesses..

FarEye - Competitors. Some of the top competitors of FarEye are Ecom Express, project44, SAP Integrated Business Planning, SPiN , Optimal Satcom , FourKites , G2 Deals, Shipsy & Mojro ..

FarEye - Challenges Faced. Retail dynamics are rapidly changing Customer expectations are being exceeded Getting used to technological advances Raise in the delivery costs Package destruction There are a lot of first-time delivery failures.

FarEye - Future Plans. “We are solving certain problems for our customers today, but I feel we can solve much larger problems and help digitize the entire supply chain network,” FarEye CEO Kushal Nahata said..

FarEye - Latest News. On July 2021, FarEye secured $100 M in a Series E round headed by TCV and Dragoneer Investment Group. FarEye's previous investors, including Eight Roads Ventures, Fundamentum , and Honeywell, were also involved in the round. The new funding also includes a little debt refinancing, but the amount was not disclosed..

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