Technology company Veho is launching in Colorado, utilizing crowdsourced drivers for last-mile delivery.
Effective from October 1, Veho offers same-day and next-day delivery services for retailers that ship into and within the Greater Denver Area. Early clients include several e-commerce firms and local retailers.
Veho intends to use the Colorado market to continue improving its crowdsourced operation and further develop its technology, which makes it possible to harness ‘anyone in their own car’ for dense last-mile distribution routes.
Earlier this year, the company concluded a successful pilot in Boston where its crowdsourced drivers delivered 10,000 packages to consumer homes. The pilot proved both the cost-effectiveness of the crowdsourced model – reducing last-mile delivery costs by up to 35% –and the value of providing complete visibility to the end-customer.
Tom Schmitt, CEO of the publicly-traded Forward Air Corporation and a key investor in Veho, said, “We see great potential in making Colorado the logistics-innovation hub of the future, and excited about the opportunity to create new jobs in the area.”