We’re excited to announce that a16z is main the Collection A for Nash, an API-based platform for last-mile supply.
The Nash market offers companies the “superpower” of having the ability to provide supply, with out having to construct their very own fleet or handle logistics. Nash clients get entry to a community of a whole bunch of native and nationwide suppliers and instantly obtain quotes for supply requests primarily based on value, availability, and car kind. Companies can use Nash to activate same-day (and even same-hour) supply for his or her clients.
We first partnered with Nash for his or her seed spherical within the fall of 2021, shortly after co-founders Mahmoud Ghulman and Aziz Alghunaim launched the corporate and graduated from YCombinator. At the moment, Nash was primarily serving native companies — lots of whom had been hit laborious by the pandemic and wished to compete with Amazon and different mega-retailers by additionally providing supply.
Since then, Nash has seen what we really feel is extraordinary development of their buyer base and income. The platform continues to be a key accomplice to many SMBs, however it has additionally grow to be a crucial a part of the logistics infrastructure for a lot of bigger enterprise and client firms — even marketplaces. Companies use Nash to ship all the pieces from sizzling meals to auto components to dry cleansing.
The Nash platform is constructed for flexibility. As a enterprise, you should utilize Nash to run on-demand, scheduled, and even multi-drop off routes. If you have already got a fleet in some or all your markets, you may add these drivers to Nash. The platform will optimize between inside and third-party drivers, saving beneficial ops workforce time.
One other core Nash worth prop is reliability. If you happen to’ve ever waited on a late or lacking supply, you already know that is an extremely irritating buyer expertise. The Nash platform tracks and notifies companies of any delays, and if there’s a supply interruption, Nash will routinely reroute the job to a different supplier who can get it completed.
Co-founders Mahmoud and Aziz have been engaged on initiatives collectively for a decade. They first met on the highschool science truthful circuit, and each studied at MIT. Mahmoud beforehand based an on-demand gig-worker startup, whereas Aziz based a (YC-backed) nonprofit to attach refugees with translators. They each have a ardour for serving to different enterprise homeowners “stage up” the providers they’ll present to shoppers.
The Nash community is dwell in all 50 states and Canada, and covers greater than 94% of the U.S. inhabitants. With this spherical, the corporate will scale to help extra enterprise and SMB clients, in addition to proceed to develop the Nash supplier community to supply much more supply choices.
Welcome Mahmoud, Aziz, and the Nash workforce to the a16z household!
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