Supply Chain & Fulfillment

Logistics VC funding drops 90% from 2021 peak

Venture capital investment in logistics fell nearly 90% between 2022 and 2023 from its 2021 peak of $25.6 billion, with software and last-mile segments remaining relatively attractive to investors.

The numbers

  • 90% Logistics venture funding fell nearly 90% from its 2021 peak.
  • $25.6 billion The 2021 peak of logistics venture funding was $25.6 billion.
  • $1.6B Last-mile companies raised $1.6B in 2021.
  • 20% 2024 last-mile funding is less than 20% of the 2021 peak.
  • 0.3% Overall parcel revenues in 2023 fell 0.3%.

Sources

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