Veyor Raises $10.5 Million in Series A Funding
Veyor, a company specializing in live delivery management software for the built environment, has successfully raised $10.5 million in its Series A funding round as of March 3, 2026. The company is focused on helping dispersed teams and their suppliers efficiently plan, manage, and track daily logistics activities.
Key Figures Behind Veyor
The company was co-founded by Richard Fifita, who serves as CEO, and Stephen Rockett, who holds the dual roles of CFO and COO. Under their leadership, Veyor has developed a platform that digitizes site logistics and materials coordination, transforming what is often a manual process managed through emails and spreadsheets.
Expansion in the US Market
Veyor's recent funding will primarily support its expansion efforts in the United States, a market that currently accounts for more than 30% of its revenue. The company has seen a remarkable 150% year-on-year growth in this region and anticipates that the US will contribute over 50% of its total revenue within the next 12 to 24 months.
"We've proven the model locally and built real momentum in the US, and now we're scaling with intent," said CEO Richard Fifita. The company currently supports more than 60 customers across over 30 US states.
Strategic Use of Funds
The $10.5 million raised will be used to enhance Veyor's platform capabilities, allowing for more robust features that improve delivery and logistics management. The funding will also facilitate further expansion into new US markets, enabling the company to broaden its customer base and increase its market share.
Looking Ahead
With this new influx of capital, Veyor is well-positioned to strengthen its foothold in the US and continue its trajectory of rapid growth. The company remains committed to innovating within the construction logistics space, offering solutions that streamline operations for contractors, suppliers, and operators involved in complex projects.