Global delivery management platform FarEye raises $100 mn in Series E round

FarEye, a global delivery management platform that provides its technology to customers such as retail giant Walmart and logistics company DHL, is raising a $100 million Series E round led by TCV and Dragoneer Investment Group.

Existing investors Eight Roads Ventures, Nandan Nilekani-backed Fundamentum and Honeywell also participated in the round. The total funding raised by the company after this round is over $150 million.

The new funds will be used to accelerate the company’s mission of empowering brands to provide Amazon Prime-like delivery experiences and redefining how products are delivered across diverse logistics networks.

New Delhi-based FarEye will further focus on expanding its software platform capabilities, drive European and North American expansion, and continue to attract world-class talent.