Last Mile, Inc.

Last Mile, Inc. is a logistics technology company based in the Philippines, specializing in providing advanced delivery-management platforms to enhance the efficiency of last-mile operations for businesses. Founded in 2017 and headquartered in Mandaluyong City, Philippines, Last Mile, Inc. focuses on optimizing delivery solutions for various sectors, particularly catering to small and medium-sized enterprises.

The company was established by a group of entrepreneurs with experience in logistics and technology, although specific founder details are not disclosed. Since its inception, Last Mile, Inc. has not undergone any significant pivots in business strategy or operations. Last Mile, Inc.

(LMI) offers a suite of delivery-management platforms designed to optimize last-mile delivery operations for businesses across various sectors. Their core product offerings include advanced delivery-management software, which allows businesses to streamline logistics, enhance rider deployment, and improve overall delivery efficiency. The platform is geared towards small to medium-sized enterprises that require robust solutions for managing goods shipments and rider hours effectively. LMI's products cater to an extensive client base that spans multiple industries, including e-commerce, retail, and logistics, serving regions characterized by urbanized centers seeking innovative delivery solutions.

The end users of these services are primarily local businesses and consumers who benefit from improved delivery times and enhanced service reliability. Last Mile, Inc. generates revenue through a structured transaction model that revolves around subscriptions and partnerships with various stakeholders in the logistics ecosystem. Clients, including retailers and wholesalers, engage with LMI’s services by subscribing to their delivery-management platforms, which are priced according to the features and scale of operations required.

For instance, businesses utilizing flagship services such as Fleet Ph and Deliveri can expect to pay for access based on their volume of deliveries and the number of riders deployed. In the most recent year, 2019, LMI reported an EBITDA of USD 21. 4 mn, while the revenue amount for that year is not publicly disclosed. Last Mile, Inc.

is strategically focused on launching new product features aimed at enhancing user experience and functionality by the end of 2024. The company plans to expand its services into new geographic markets, particularly targeting Southeast Asian countries, with the goal of establishing a presence by 2025. Recent funding will be utilized to support product development and market expansion initiatives, ensuring that LMI remains responsive to the evolving needs of its clients in the logistics sector.