Veyor Raises $10.5 Million in Series A Funding
Veyor, a company specializing in live delivery management software for the construction industry, has successfully raised $10.5 million in a Series A funding round as of March 3, 2026. This funding aims to support the company's growth, particularly in the US market.
What Veyor Does
Veyor offers a digital platform designed to streamline logistics and material coordination in the construction sector. The software helps dispersed teams and their suppliers efficiently plan, manage, and track daily activities. By replacing traditional methods like email chains and spreadsheets, Veyor's solution serves as a real-time system of record for deliveries and material flows, integrating contractors, suppliers, tenants, and operators across complex projects.
Leadership and Vision
The company was co-founded by Richard Fifita, who serves as CEO, and Stephen Rockett, who holds the dual roles of CFO and COO. "We’ve proven the model locally and built real momentum in the US, and now we’re scaling with intent," said CEO Richard Fifita. This funding round is seen as a pivotal moment in the company's expansion strategy.
Focus on US Expansion
The US currently accounts for more than 30% of Veyor's revenue, with growth rates exceeding 150% year-on-year. The company supports over 60 customers across more than 30 US states. With the new funding, Veyor aims to further solidify its presence in the US, expecting the region to contribute over 50% of total revenue within the next one to two years.
Plans for the Future
While specific investors were not disclosed in this round, the infusion of capital will be integral for Veyor’s expansion plans. The company is set to enhance its platform and scale its operations, aiming to meet the growing demand for efficient logistics solutions in the construction industry.
This Series A funding marks a significant step for Veyor as it continues to evolve its offerings and expand its market presence, particularly in the United States.