USA – HyperTrack, a San Francisco, CA-based provider of logistics APIs for post-dispatch ground truth, raised $25m in Series A funding.
The round was led by WestBridge Capital and existing investor Nexus Venture Partners. The company intends to use the funds to expand its global engineering team. Led by Kashyap Deorah, founder and CEO, HyperTrack provides an API platform for logistics tech builders developing solutions for last mile fulfillment integrating mobile, maps and cloud. Its order APIs for planning, assignment, tracking, and completion learn from ground truth data to improve operations KPIs. Customers across all continents use its comprehensive suite of APIs, SDKs, and webhooks. The company concurrently announced the release of BuilderX, enabling the fastest time-to-market for developers building last mile logistics technology for on-demand use cases.Additionally, HyperTrack has expanded its leadership ranks with technology veterans with a proven track record of creating unicorns and decacorns that dominate markets. Pradeep Sharma who led engineering teams at BYJU’s, and LendingKart, joins as the VP of engineering. Silicon Valley tech veteran Gaurav Deshpande joins as the company’s VP of marketing. The Series A round follows expansion the company’s customer base to Europe, Latin America, the Middle East and Southeast Asia. Customers include Jobox.AI, Spiritzone, and MagaLoop.17/08/2022
