Draft:DispatchIt
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| Type | Private |
|---|---|
| Industry | Last-Mile Delivery, Logistics |
| Founded | 2016 |
| Founders | Andrew Leone Ryan Hanson |
Area served | United States |
Key people | Andrew Leone (CEO & Co-Founder) Ryan Hanson (Co-Founder & Board Member) |
| Products | DispatchOne |
| Website | dispatchit |
Dispatch (operating as DispatchIt, Inc.) is an American delivery logistics technology company headquartered in Bloomington, Minnesota. Founded in 2016, the company provides delivery orchestration software and a network of independent contractor drivers for last-mile logistics, primarily serving industrial distributors, wholesalers, and retailers across the United States.
History
[edit]Dispatch was founded in 2016 by Andrew Leone and Ryan Hanson in Bloomington, Minnesota.[1] Leone, who had previously operated an HVAC distribution business, identified that skilled tradespeople frequently spent significant time on parts runs rather than on billable work. He developed a technology platform to manage deliveries and give contractors real-time visibility into order status, which became the basis for Dispatch.[2]
Funding
[edit]Early investors in Dispatch included Revolution's Rise of the Rest Seed Fund and Great North Labs. In March 2022, Dispatch closed a $50 million Series C round led by PeakSpan Capital, with participation from Trinity Private Equity Group.[3][4] The company said the funds would support geographic expansion and growth of its engineering and product teams.[5]
Products
[edit]Dispatch operates a platform called DispatchOne, which integrates delivery orchestration software with the company's driver network. The platform includes customizable modules for on-demand delivery, hotshot delivery, fleet management, API integrations, and analytics. DispatchOne is designed to connect with enterprise systems including ERP, TMS, and CRM platforms.[6]
The company operates in more than 80 markets across the United States and maintains a network of more than 40,000 independent contractor drivers. The company reports serving more than 50,000 businesses.[7]
Recognition
[edit]Dispatch has appeared on the Inc. 5000 list of the fastest-growing private companies in the United States for four consecutive years, including in 2025, when the company ranked 4,587th with a reported three-year revenue growth rate of 68 percent.[8]
In 2026, Dispatch was recognized as a Gartner Digital Markets Leader in the Fleet Management category, a designation based on verified customer reviews across Gartner Digital Markets properties including Capterra.[9]
References
[edit]- ^ "Bloomington-based Delivery Platform Dispatch Raises $50M". Twin Cities Business. Retrieved 2025-06-02.
- ^ "Andrew Leone – TCB 100". Twin Cities Business. Retrieved 2025-06-02.
- ^ "Dispatch, the Leading B2B Last-Mile Delivery Platform, Accelerates Growth with $50 Million Series C". Yahoo Finance. 2022-03-28. Retrieved 2025-06-02.
- ^ "PeakSpan Capital delivers Dispatch $50M". FreightWaves. 2022-03-28. Retrieved 2025-06-02.
- ^ "Dispatch Announces $50M Fundraising Round". Industrial Distribution. 2022-03-28. Retrieved 2025-06-02.
- ^ "Dispatch Launches AI-Powered Platform for Last-Mile Logistics". Supply & Demand Chain Executive. Retrieved 2025-06-02.
- ^ "Dispatch, the Leading B2B Last-Mile Delivery Platform, Accelerates Growth with $50 Million Series C". GlobeNewswire. 2022-03-28. Retrieved 2025-06-02.
- ^ "Dispatch – Inc. 5000 Profile". Inc. Retrieved 2025-06-02.
- ^ "Dispatch Recognized as a 2026 Gartner Digital Markets Leader for Fleet Management". Yahoo Finance. Retrieved 2025-06-02.
External links
[edit]Category:Companies based in Minnesota Category:Logistics companies of the United States Category:Software companies of the United States Category:Technology companies based in Minnesota Category:Companies established in 2016 Category:Private equity portfolio companies