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 supply supply, with out having to construct their very own fleet or handle logistics. Nash clients get entry to a community of lots of of native and nationwide suppliers and instantly obtain quotes for supply requests primarily based on worth, 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 arduous 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 associate to many SMBs, however it has additionally turn into 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 things from sizzling meals to auto elements to dry cleansing.
The Nash platform is constructed for flexibility. As a enterprise, you need to use 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 inner and third-party drivers, saving precious ops group time.
One other core Nash worth prop is reliability. When you’ve ever waited on a late or lacking supply, 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 achieved.
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 house owners “degree up” the companies they’ll present to shoppers.
The Nash community is reside 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 group to the a16z household!
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