Strengths
- CB Insights and funding snippets support private-unicorn status around $1.5B.
- Company pages verify last-mile, brand, 3PL and driver-partner service scope.
- About page verifies Itamar Zur and Fred Cook as co-founders and CEO/CTO.
Diligence report
Veho
Veho Startup Diligence Report
Veho could be valuable if it converts customer-experience and 60+ market claims into profitable parcel density and durable enterprise contracts; public evidence supports brand traction more than financial quality or labor-risk insulation.
Company profile
Veho Startup Diligence Report
Eligible public unicorn report: Veho has credible public financing and private-status evidence and a differentiated ecommerce delivery narrative, but diligence risk is high around stale valuation, route economics, driver/labor exposure, customer concentration and service-quality proof.
- Website
- shipveho.com
- Sector
- Last-mile ecommerce logistics and parcel delivery
- Geography
- United States; public sources list Boulder/Colorado and nationwide U.S. operations
- Stage
- Private unicorn / Series B
- Known aliases
- Veho, Veho Tech, Veho Technologies, shipveho
- Report version
- 1.0
- Timezone
- America/Denver
Executive summary
Risks
- Financial opacity and stale 2021-2022 valuation anchors are high-priority risks.
- Hub density and route economics may determine whether growth is profitable.
- Driver classification, labor, insurance and safety exposure require counsel review.
- Logo evidence does not reveal customer concentration, active status or contract quality.
Gaps
- Revenue, gross margin, route-level economics, claims/refund costs and cash runway
- Current cap table, financing terms, preferences, debt and valuation marks
- Active customer list, revenue concentration, contract terms, churn and references
- Hub economics, market-level density, delivery KPIs by market and peak-season performance
- Driver contracts, classification analysis, insurance, safety incidents and labor proceedings
- Privacy/data security artifacts and consumer-complaint/resolution logs
Risk register
R-001: Stale valuation and financial opacity
Valuation anchors are from 2021-2022 while revenue, margins, burn, debt and current valuation marks are not public.
Diligence request: Request audited/management financials, route-level economics, cash runway and cap table.
R-002: Hub density and route-economics dependency
Last-mile economics depend on route density, warehouse footprint, driver supply, claims and seasonality; public metrics do not prove profitability.
Diligence request: Request cost per stop, density curves, hub P&L, claims, refunds and service-level credits by market.
R-003: Driver classification, labor and safety exposure
Driver-partner model and legal snippets create potential wage/hour, classification, insurance and safety exposure.
Diligence request: Run counsel review of driver classification, contracts, insurance, NLRB/litigation history and safety incidents.
R-004: Customer concentration and logo-risk opacity
Recognizable logos are public, but revenue concentration, contract duration and relationship status are not disclosed.
Diligence request: Request customer revenue by account, active logos, contract terms, churn, NRR and customer references.
R-007: Competition from parcel incumbents and regional carriers
UPS, FedEx, USPS, OnTrac/Lasership and local courier networks can pressure pricing and service levels.
Diligence request: Benchmark pricing, service, coverage and claims against parcel incumbents and regional carriers.
R-005: Service quality, claims and refund economics
Public OTD, satisfaction and credits/refund improvements are positive but unaudited and may vary by market, customer and season.
Diligence request: Validate raw delivery, damage, refund, support-ticket and peak-season KPI data.
R-006: Consumer complaints, labor proceedings and reputational exposure
Search snippets show BBB complaints, NLRB case and Theall docket; details and materiality require legal review.
Diligence request: Review complaints, proceedings, settlements, reserves and operating remediation.
R-008: Founder/team and scaling-process dependency
Founder identities are public, but broader leadership depth, turnover and compensation are not public.
Diligence request: Request org chart, executive biographies, turnover data, compensation and succession planning.
01Financial Information
Public evidence supports a 2021 unicorn event and 2022 $1.5B valuation, but revenue, margins, route economics, burn, cash and current valuation marks are not publicly verifiable.
I.A Annual and quarterly financial information for the past three years
not publicly verifiable confidence: medium
Funding and operating metrics are public, but revenue, route economics, margins, cash burn and working capital are not.
Evidence gaps
- Audited financials, board materials, contracts, detailed KPIs and counsel-reviewed records are not publicly available.
Hidden risks
- Private documents may reveal economics, obligations, concentration or compliance exposure not visible in public materials.
Follow-up questions
- Provide source documents, KPI definitions and responsible-owner explanations for this diligence section.
| metric | public signal | verification status | private data request |
|---|---|---|---|
| Revenue / ARR | not publicly disclosed | not_publicly_verifiable | Revenue by customer, product, market and cohort |
| Route/unit economics | Claims of optimized routes, transparent pricing and service improvements | partially_verified | Cost per package, cost per stop, route density, claims and refund economics |
| Cash runway | Fundraising totals public, current cash not public | not_publicly_verifiable | Cash balance, burn, debt and vendor payables |
I.B Financial Projections
not publicly verifiable confidence: medium
Veho has limited public disclosure for financial projections; public sources support directional diligence findings but private records are required for investment-grade verification.
Evidence gaps
- Audited financials, board materials, contracts, detailed KPIs and counsel-reviewed records are not publicly available.
Hidden risks
- Private documents may reveal economics, obligations, concentration or compliance exposure not visible in public materials.
Follow-up questions
- Provide source documents, KPI definitions and responsible-owner explanations for this diligence section.
I.C Capital Structure
partially verified confidence: medium
Public snippets support unicorn status and $1.5B valuation, but current cap table and liquidation preferences are unavailable.
Evidence gaps
- Audited financials, board materials, contracts, detailed KPIs and counsel-reviewed records are not publicly available.
Hidden risks
- Private documents may reveal economics, obligations, concentration or compliance exposure not visible in public materials.
Follow-up questions
- Provide source documents, KPI definitions and responsible-owner explanations for this diligence section.
| stakeholder | public position | diligence caveat |
|---|---|---|
| General Catalyst / Construct Capital | Led or participated in $125M Series A snippets | Ownership, security class and rights not public |
| Tiger Global / SoftBank Vision Fund 2 | Led or participated in $170M Series B snippets | Current holding and mark not public |
| Founders and employees | Itamar Zur and Fred Cook publicly identified | Fully diluted holdings and vesting not public |
I.D Other financial information
not publicly verifiable confidence: medium
Veho has limited public disclosure for other financial information; public sources support directional diligence findings but private records are required for investment-grade verification.
Evidence gaps
- Audited financials, board materials, contracts, detailed KPIs and counsel-reviewed records are not publicly available.
Hidden risks
- Private documents may reveal economics, obligations, concentration or compliance exposure not visible in public materials.
Follow-up questions
- Provide source documents, KPI definitions and responsible-owner explanations for this diligence section.
| date | round or event | amount | valuation signal | lead or participants | verification status |
|---|---|---|---|---|---|
| 2021-12-21 | Series A / unicorn event | $125M | $1.0B | General Catalyst and Construct Capital in snippets | verified |
| 2022-02-15 | Series B | $170M | $1.5B+ | Tiger Global and SoftBank Vision Fund 2 in snippets | verified |
| latest public list | CB Insights unicorn row | not disclosed | $1.50B | General Catalyst, Origin Ventures, Fontinalis Partners listed in candidate row | partially_verified |
02Products
Veho publicly markets last-mile parcel, returns, 3PL and driver-app operations; the core diligence issue is whether service quality scales profitably across markets.
II.A Description of each product
partially verified confidence: medium
Public pages verify parcel, 3PL, returns/pickup and driver-partner service positioning.
Evidence gaps
- Audited financials, board materials, contracts, detailed KPIs and counsel-reviewed records are not publicly available.
Hidden risks
- Private documents may reveal economics, obligations, concentration or compliance exposure not visible in public materials.
Follow-up questions
- Provide source documents, KPI definitions and responsible-owner explanations for this diligence section.
| product or service | audience | public evidence | risk or gap |
|---|---|---|---|
| Parcel delivery for brands | Ecommerce brands and retailers | Brands page and homepage | Market-level economics and SLAs needed |
| 3PL solutions | Third-party logistics providers | 3PL page with integrations and partner logos | Partner contract status and volume not public |
| Driver-partner app and routes | Crowdsourced driver partners | Drive page and about page | Classification, insurance and churn risk |
| Returns / doorstep pickup / premium economy | Brands and consumers | Homepage navigation | Revenue contribution by service not public |
| item | public evidence | verification status | follow up |
|---|---|---|---|
| Transparent/predictable pricing | Brands and 3PL pages claim transparent or predictable pricing | partially_verified | Request rate cards, surcharges, discounts and SLA credits |
| On-time delivery promise | 99% or up to 99% OTD claims | partially_verified | Request KPI definitions and raw market-level OTD data |
| Credits/refunds economics | -61% reduction in credits/refunds claim | partially_verified | Request claims, damage, lost-package and credit/refund cohort analysis |
03Customer Information
Veho displays recognizable logos, testimonials and service-quality metrics, but active customer status, revenue concentration and contract terms remain private.
III.A Top customers by application
partially verified confidence: medium
Public logos, testimonials and performance metrics support customer traction but not revenue concentration.
Evidence gaps
- Audited financials, board materials, contracts, detailed KPIs and counsel-reviewed records are not publicly available.
Hidden risks
- Private documents may reveal economics, obligations, concentration or compliance exposure not visible in public materials.
Follow-up questions
- Provide source documents, KPI definitions and responsible-owner explanations for this diligence section.
| customer or metric | public evidence | verification status | diligence request |
|---|---|---|---|
| Sephora, Kendra Scott, HelloFresh, Revolve, Nespresso | Homepage logo carousel | partially_verified | Confirm active contract status and revenue weight |
| Stitch Fix / ShipBob / Grove testimonials | Brands page shipper quotes | partially_verified | Obtain reference calls and case-study data |
| OTD and customer experience metrics | 99% OTD, 4.9/5 CSAT and LTV/repurchase/NPS claims | partially_verified | Validate raw KPI exports and methodology |
III.B Strategic relationships
not publicly verifiable confidence: medium
Veho has limited public disclosure for strategic relationships; public sources support directional diligence findings but private records are required for investment-grade verification.
Evidence gaps
- Audited financials, board materials, contracts, detailed KPIs and counsel-reviewed records are not publicly available.
Hidden risks
- Private documents may reveal economics, obligations, concentration or compliance exposure not visible in public materials.
Follow-up questions
- Provide source documents, KPI definitions and responsible-owner explanations for this diligence section.
| partner or category | nature | public evidence | gap |
|---|---|---|---|
| 3PL integration partners | Platform integrations | ShipHero, Enveyo, EasyPost, ShipStation, Shippo, AfterShip, ProShip, E2open, Narvar, Shipium listed | Certified status and volume by integration not public |
| Driver partners | Crowdsourced delivery supply | Driver recruitment/process page | Active driver count, churn and classification not public |
| Warehouse/hub network | Sortation/pickup infrastructure | Nationwide warehouse network mentioned on about page | Hub count, leases, capacity and fixed costs not public |
III.C Revenue by customer
not publicly verifiable confidence: medium
Veho has limited public disclosure for revenue by customer; public sources support directional diligence findings but private records are required for investment-grade verification.
Evidence gaps
- Audited financials, board materials, contracts, detailed KPIs and counsel-reviewed records are not publicly available.
Hidden risks
- Private documents may reveal economics, obligations, concentration or compliance exposure not visible in public materials.
Follow-up questions
- Provide source documents, KPI definitions and responsible-owner explanations for this diligence section.
III.D Significant relationships severed within the last two years
not publicly verifiable confidence: medium
Veho has limited public disclosure for significant relationships severed within the last two years; public sources support directional diligence findings but private records are required for investment-grade verification.
Evidence gaps
- Audited financials, board materials, contracts, detailed KPIs and counsel-reviewed records are not publicly available.
Hidden risks
- Private documents may reveal economics, obligations, concentration or compliance exposure not visible in public materials.
Follow-up questions
- Provide source documents, KPI definitions and responsible-owner explanations for this diligence section.
III.E Top suppliers
not publicly verifiable confidence: medium
Veho has limited public disclosure for top suppliers; public sources support directional diligence findings but private records are required for investment-grade verification.
Evidence gaps
- Audited financials, board materials, contracts, detailed KPIs and counsel-reviewed records are not publicly available.
Hidden risks
- Private documents may reveal economics, obligations, concentration or compliance exposure not visible in public materials.
Follow-up questions
- Provide source documents, KPI definitions and responsible-owner explanations for this diligence section.
04Competition
Veho competes against national parcel incumbents, regional carriers and merchant/3PL workflows where network density, price and service quality determine durability.
IV.A Competitive landscape by market segment
not publicly verifiable confidence: medium
Veho has limited public disclosure for competitive landscape by market segment; public sources support directional diligence findings but private records are required for investment-grade verification.
Evidence gaps
- Audited financials, board materials, contracts, detailed KPIs and counsel-reviewed records are not publicly available.
Hidden risks
- Private documents may reveal economics, obligations, concentration or compliance exposure not visible in public materials.
Follow-up questions
- Provide source documents, KPI definitions and responsible-owner explanations for this diligence section.
| company or category | segment | product overlap | differentiator | risk |
|---|---|---|---|---|
| Veho | Tech-enabled regional last-mile parcel delivery | Target company | Brand-focused delivery experience and driver-partner routes | Unit economics and labor exposure |
| UPS / FedEx / USPS | National parcel incumbents | High for parcel delivery | Scale, density and integrated networks | Pricing and coverage pressure |
| OnTrac / LaserShip-style regional carriers | Regional parcel | High | Regional density and merchant relationships | Service-level and rate competition |
| 3PL/merchant delivery stacks | In-house or outsourced logistics | Medium | Existing merchant workflow integration | Build/buy substitution |
| axis | veho public position | diligence test |
|---|---|---|
| On-time performance | Over 99% OTD or up to 99% OTD claims | Raw OTD by market, customer, season and package type |
| Customer experience | 4.9/5 customer rating and LTV/NPS/repurchase claims | Independent CSAT/NPS methodology and customer references |
| Cost and pricing | Transparent/predictable pricing and shipping-spend optimization | Rate-card and gross-margin benchmark versus incumbents |
05Marketing, Sales, and Distribution
GTM appears focused on ecommerce brands, 3PL integrations and driver supply; CAC, channel conversion, sales productivity and pipeline are not public.
V.A Strategy and implementation
not publicly verifiable confidence: medium
Veho has limited public disclosure for strategy and implementation; public sources support directional diligence findings but private records are required for investment-grade verification.
Evidence gaps
- Audited financials, board materials, contracts, detailed KPIs and counsel-reviewed records are not publicly available.
Hidden risks
- Private documents may reveal economics, obligations, concentration or compliance exposure not visible in public materials.
Follow-up questions
- Provide source documents, KPI definitions and responsible-owner explanations for this diligence section.
| channel | public evidence | gap |
|---|---|---|
| Direct to ecommerce brands | Brands page and recognizable logos/testimonials | Pipeline, CAC and conversion rates not public |
| 3PL/channel integrations | 3PL page lists integration partners and plug-and-play connectors | Partner-sourced volume and agreements not public |
| Driver-partner acquisition | Drive page recruitment and onboarding flow | Driver CAC, retention and route fill rate not public |
V.B Major Customers
not publicly verifiable confidence: medium
Veho has limited public disclosure for major customers; public sources support directional diligence findings but private records are required for investment-grade verification.
Evidence gaps
- Audited financials, board materials, contracts, detailed KPIs and counsel-reviewed records are not publicly available.
Hidden risks
- Private documents may reveal economics, obligations, concentration or compliance exposure not visible in public materials.
Follow-up questions
- Provide source documents, KPI definitions and responsible-owner explanations for this diligence section.
V.C Principal avenues for generating new business
not publicly verifiable confidence: medium
Veho has limited public disclosure for principal avenues for generating new business; public sources support directional diligence findings but private records are required for investment-grade verification.
Evidence gaps
- Audited financials, board materials, contracts, detailed KPIs and counsel-reviewed records are not publicly available.
Hidden risks
- Private documents may reveal economics, obligations, concentration or compliance exposure not visible in public materials.
Follow-up questions
- Provide source documents, KPI definitions and responsible-owner explanations for this diligence section.
| signal | evidence | diligence caveat |
|---|---|---|
| Fast Company 2026 mention | Homepage says Veho named a Most Innovative Company 2026 | Award impact on pipeline not measurable publicly |
| Customer outcomes | 99% OTD, 4.9/5 CSAT, LTV and credits/refund claims | Selective and unaudited |
| Logo/testimonial marketing | Homepage and brands page show logos and quotes | Active status and revenue concentration not public |
V.D Sales force productivity model
not publicly verifiable confidence: medium
Veho has limited public disclosure for sales force productivity model; public sources support directional diligence findings but private records are required for investment-grade verification.
Evidence gaps
- Audited financials, board materials, contracts, detailed KPIs and counsel-reviewed records are not publicly available.
Hidden risks
- Private documents may reveal economics, obligations, concentration or compliance exposure not visible in public materials.
Follow-up questions
- Provide source documents, KPI definitions and responsible-owner explanations for this diligence section.
V.E Ability to implement marketing plan with current and projected budgets
not publicly verifiable confidence: medium
Veho has limited public disclosure for ability to implement marketing plan with current and projected budgets; public sources support directional diligence findings but private records are required for investment-grade verification.
Evidence gaps
- Audited financials, board materials, contracts, detailed KPIs and counsel-reviewed records are not publicly available.
Hidden risks
- Private documents may reveal economics, obligations, concentration or compliance exposure not visible in public materials.
Follow-up questions
- Provide source documents, KPI definitions and responsible-owner explanations for this diligence section.
06Research and Development
R&D/operations diligence should test routing technology, driver app reliability, 3PL integration maturity and market-expansion playbooks.
VI.A Description of R&D organization
not publicly verifiable confidence: medium
Veho has limited public disclosure for description of r&d organization; public sources support directional diligence findings but private records are required for investment-grade verification.
Evidence gaps
- Audited financials, board materials, contracts, detailed KPIs and counsel-reviewed records are not publicly available.
Hidden risks
- Private documents may reveal economics, obligations, concentration or compliance exposure not visible in public materials.
Follow-up questions
- Provide source documents, KPI definitions and responsible-owner explanations for this diligence section.
| area | public evidence | verification status | diligence request |
|---|---|---|---|
| Technical leadership | Fred Cook listed as CTO and co-founder | verified | Request engineering org chart, IP assignments and succession plan |
| Routing and driver app | About and drive pages describe optimized routes and app-based route execution | partially_verified | Request uptime, routing accuracy, driver app incident and support metrics |
| 3PL connectors | 3PL page lists pre-built integration partners | partially_verified | Request API reliability, certification status, partner agreements and volume by connector |
VI.B New Product Pipeline
not publicly verifiable confidence: medium
Veho has limited public disclosure for new product pipeline; public sources support directional diligence findings but private records are required for investment-grade verification.
Evidence gaps
- Audited financials, board materials, contracts, detailed KPIs and counsel-reviewed records are not publicly available.
Hidden risks
- Private documents may reveal economics, obligations, concentration or compliance exposure not visible in public materials.
Follow-up questions
- Provide source documents, KPI definitions and responsible-owner explanations for this diligence section.
| project | status | public evidence | private validation needed |
|---|---|---|---|
| Route optimization and driver app | Core operating platform | About and drive pages | Routing algorithms, dispatch data, driver app reliability and support metrics |
| 3PL integrations | Publicly marketed | 3PL page lists connectors | API reliability, certification status and integration volumes |
| Expansion / markets | Over 60 markets public | About and brands pages | Market launch playbook, hub economics and expansion ROI |
07Management and Personnel
Founders Itamar Zur and Fred Cook are publicly verified, while broader management, headcount, driver supply, compensation and turnover require private records.
VII.A Organization Chart
not publicly verifiable confidence: medium
Veho has limited public disclosure for organization chart; public sources support directional diligence findings but private records are required for investment-grade verification.
Evidence gaps
- Audited financials, board materials, contracts, detailed KPIs and counsel-reviewed records are not publicly available.
Hidden risks
- Private documents may reveal economics, obligations, concentration or compliance exposure not visible in public materials.
Follow-up questions
- Provide source documents, KPI definitions and responsible-owner explanations for this diligence section.
VII.B Historical and projected headcount by function and location
not publicly verifiable confidence: medium
Veho has limited public disclosure for historical and projected headcount by function and location; public sources support directional diligence findings but private records are required for investment-grade verification.
Evidence gaps
- Audited financials, board materials, contracts, detailed KPIs and counsel-reviewed records are not publicly available.
Hidden risks
- Private documents may reveal economics, obligations, concentration or compliance exposure not visible in public materials.
Follow-up questions
- Provide source documents, KPI definitions and responsible-owner explanations for this diligence section.
VII.C Senior management biographies
not publicly verifiable confidence: medium
Veho has limited public disclosure for senior management biographies; public sources support directional diligence findings but private records are required for investment-grade verification.
Evidence gaps
- Audited financials, board materials, contracts, detailed KPIs and counsel-reviewed records are not publicly available.
Hidden risks
- Private documents may reveal economics, obligations, concentration or compliance exposure not visible in public materials.
Follow-up questions
- Provide source documents, KPI definitions and responsible-owner explanations for this diligence section.
| name | role | public source | diligence caveat |
|---|---|---|---|
| Itamar Zur | Chief Executive Officer and co-founder | Veho about page and leadership snippets | Employment agreement, equity and succession not public |
| Fred Cook | Chief Technology Officer and co-founder | Veho about page | Technical org depth and IP assignment not public |
| Broader executive team | not fully listed in reviewed public pages | Leadership search references management pages | Full org chart and turnover needed |
VII.D Compensation arrangements
not publicly verifiable confidence: medium
Veho has limited public disclosure for compensation arrangements; public sources support directional diligence findings but private records are required for investment-grade verification.
Evidence gaps
- Audited financials, board materials, contracts, detailed KPIs and counsel-reviewed records are not publicly available.
Hidden risks
- Private documents may reveal economics, obligations, concentration or compliance exposure not visible in public materials.
Follow-up questions
- Provide source documents, KPI definitions and responsible-owner explanations for this diligence section.
VII.E Incentive stock plans
not publicly verifiable confidence: medium
Veho has limited public disclosure for incentive stock plans; public sources support directional diligence findings but private records are required for investment-grade verification.
Evidence gaps
- Audited financials, board materials, contracts, detailed KPIs and counsel-reviewed records are not publicly available.
Hidden risks
- Private documents may reveal economics, obligations, concentration or compliance exposure not visible in public materials.
Follow-up questions
- Provide source documents, KPI definitions and responsible-owner explanations for this diligence section.
VII.F Significant employee relations problems, past or present
partially verified confidence: medium
Driver partner model is public and creates material classification, safety and labor diligence needs.
Evidence gaps
- Audited financials, board materials, contracts, detailed KPIs and counsel-reviewed records are not publicly available.
Hidden risks
- Private documents may reveal economics, obligations, concentration or compliance exposure not visible in public materials.
Follow-up questions
- Provide source documents, KPI definitions and responsible-owner explanations for this diligence section.
| category | public signal | verification status | request |
|---|---|---|---|
| Driver partners | Route booking, warehouse pickup, flexible schedule and twice-weekly payment | verified | Active driver count, churn, earnings, classification and insurance analysis |
| Corporate employees | Not publicly quantified in reviewed sources | not_publicly_verifiable | Headcount by function/location and hiring plan |
| Employee/labor issues | NLRB/Justia/search snippets surfaced | partially_verified | Counsel memo, settlements, complaints and labor policies |
VII.G Personnel Turnover
not publicly verifiable confidence: medium
Veho has limited public disclosure for personnel turnover; public sources support directional diligence findings but private records are required for investment-grade verification.
Evidence gaps
- Audited financials, board materials, contracts, detailed KPIs and counsel-reviewed records are not publicly available.
Hidden risks
- Private documents may reveal economics, obligations, concentration or compliance exposure not visible in public materials.
Follow-up questions
- Provide source documents, KPI definitions and responsible-owner explanations for this diligence section.
08Legal and Related Matters
Labor/legal search snippets, driver-partner operations, insurance and consumer-complaint signals require counsel-led review before investment reliance.
VIII.A Pending lawsuits against the Company
partially verified confidence: medium
Legal search snippets surfaced NLRB, Justia docket, driver investigation and BBB complaint signals.
Evidence gaps
- Audited financials, board materials, contracts, detailed KPIs and counsel-reviewed records are not publicly available.
Hidden risks
- Private documents may reveal economics, obligations, concentration or compliance exposure not visible in public materials.
Follow-up questions
- Provide source documents, KPI definitions and responsible-owner explanations for this diligence section.
| matter | role | public signal | status or gap |
|---|---|---|---|
| NLRB case 04-CA-303443 | Veho Tech Inc. | Date filed 2022-09-15; status closed in snippet | Need docket documents and outcome |
| Theall v. Veho Tech Inc. et al | Defendant in federal docket snippet | Massachusetts docket 1:23-cv-10008 surfaced | Need pleadings, status, claims and exposure |
| BBB complaints / driver-rights investigation snippets | Company subject of complaints/investigation pages | Search snippets reference BBB complaints and possible employee-rights investigation | Need complaint detail and materiality review |
VIII.B Pending lawsuits initiated by Company
not publicly verifiable confidence: medium
Veho has limited public disclosure for pending lawsuits initiated by company; public sources support directional diligence findings but private records are required for investment-grade verification.
Evidence gaps
- Audited financials, board materials, contracts, detailed KPIs and counsel-reviewed records are not publicly available.
Hidden risks
- Private documents may reveal economics, obligations, concentration or compliance exposure not visible in public materials.
Follow-up questions
- Provide source documents, KPI definitions and responsible-owner explanations for this diligence section.
VIII.C Environmental and employee safety issues and liabilities
not publicly verifiable confidence: medium
Veho has limited public disclosure for environmental and employee safety issues and liabilities; public sources support directional diligence findings but private records are required for investment-grade verification.
Evidence gaps
- Audited financials, board materials, contracts, detailed KPIs and counsel-reviewed records are not publicly available.
Hidden risks
- Private documents may reveal economics, obligations, concentration or compliance exposure not visible in public materials.
Follow-up questions
- Provide source documents, KPI definitions and responsible-owner explanations for this diligence section.
VIII.D Material patents, copyrights, licenses, and trademarks
not publicly verifiable confidence: medium
Veho has limited public disclosure for material patents, copyrights, licenses, and trademarks; public sources support directional diligence findings but private records are required for investment-grade verification.
Evidence gaps
- Audited financials, board materials, contracts, detailed KPIs and counsel-reviewed records are not publicly available.
Hidden risks
- Private documents may reveal economics, obligations, concentration or compliance exposure not visible in public materials.
Follow-up questions
- Provide source documents, KPI definitions and responsible-owner explanations for this diligence section.
VIII.E Insurance coverage and material exposures
not publicly verifiable confidence: medium
Veho has limited public disclosure for insurance coverage and material exposures; public sources support directional diligence findings but private records are required for investment-grade verification.
Evidence gaps
- Audited financials, board materials, contracts, detailed KPIs and counsel-reviewed records are not publicly available.
Hidden risks
- Private documents may reveal economics, obligations, concentration or compliance exposure not visible in public materials.
Follow-up questions
- Provide source documents, KPI definitions and responsible-owner explanations for this diligence section.
| area | public evidence | risk | request |
|---|---|---|---|
| Driver insurance and safety | Driver page requires license and insurance; safety page links referenced | Coverage gaps or claims exposure | Insurance policies, claims history, safety incidents and driver agreements |
| Customer SLAs and claims/refunds | OTD, credits/refunds and pricing claims public | Service credits and refund economics | Top customer contracts, SLAs, indemnities and refund logs |
| Privacy / customer data | Delivery tracking and support workflows public, privacy details not reviewed | Consumer data, driver data and tracking compliance | Privacy policy, data map, subprocessors and incident logs |
VIII.F Material contracts
not publicly verifiable confidence: medium
Veho has limited public disclosure for material contracts; public sources support directional diligence findings but private records are required for investment-grade verification.
Evidence gaps
- Audited financials, board materials, contracts, detailed KPIs and counsel-reviewed records are not publicly available.
Hidden risks
- Private documents may reveal economics, obligations, concentration or compliance exposure not visible in public materials.
Follow-up questions
- Provide source documents, KPI definitions and responsible-owner explanations for this diligence section.
VIII.G Regulatory agency problems
not publicly verifiable confidence: medium
Veho has limited public disclosure for regulatory agency problems; public sources support directional diligence findings but private records are required for investment-grade verification.
Evidence gaps
- Audited financials, board materials, contracts, detailed KPIs and counsel-reviewed records are not publicly available.
Hidden risks
- Private documents may reveal economics, obligations, concentration or compliance exposure not visible in public materials.
Follow-up questions
- Provide source documents, KPI definitions and responsible-owner explanations for this diligence section.
Evidence
| ID | Claim | Status | Sources |
|---|---|---|---|
| EC-001 | CB Insights lists Veho as an uncovered U.S. consumer/retail unicorn with latest known valuation around $1.50B. | verified medium | SRC-001 |
| EC-002 | Reuters and related snippets report Veho raised $125M at a $1B valuation in December 2021. | verified high | SRC-007 |
| EC-003 | Public snippets report a $170M Series B in February 2022 led by Tiger Global and SoftBank Vision Fund 2 at a $1.5B+ valuation. | verified high | SRC-007 |
| EC-004 | Veho markets last-mile ecommerce parcel delivery, returns, 3PL, FlexSave, Premium Economy and doorstep pickup services. | verified medium | SRC-002SRC-003SRC-006 |
| EC-005 | Veho publicly claims strong delivery and customer-experience metrics, including over 99% on-time delivery and 4.9/5 satisfaction. | partially verified medium | SRC-002SRC-003SRC-004 |
| EC-006 | Veho describes a nationwide warehouse network and tech platform that builds optimized routes for qualified crowdsourced driver partners. | partially verified medium | SRC-004SRC-005 |
| EC-007 | Veho driver-partner page requires age, license, insurance and vehicle standards and advertises flexible scheduling, route booking and twice-weekly payments. | verified medium | SRC-005 |
| EC-008 | Veho publicly shows recognizable brand/customer and testimonial signals, including Sephora, Kendra Scott, HelloFresh, Revolve, Nespresso, Stitch Fix, ShipBob, Grove and others. | partially verified medium | SRC-002SRC-003 |
| EC-009 | Veho 3PL page lists integration partners and claims plug-and-play connectors for leading platforms. | partially verified medium | SRC-006 |
| EC-010 | Veho publicly identifies Itamar Zur as CEO/co-founder and Fred Cook as CTO/co-founder; leadership search snippets also reference 2016 founding. | verified high | SRC-004SRC-009 |
| EC-011 | Public legal/labor snippets identify driver-rights investigation signals, an NLRB case that is closed, Theall v. Veho Tech Inc. and BBB complaint signals. | partially verified medium | SRC-010 |
| EC-012 | Public eligibility search found IPO/pre-IPO and secondary-market tracking pages but no reliable signal that Veho has IPOd, been acquired or shut down. | partially verified medium | SRC-008 |
| ID | Publisher | Title | Accessed |
|---|---|---|---|
| SRC-001 | CB Insights | The Complete List Of Unicorn Companies | 2026-05-18 |
| SRC-002 | Veho | Veho homepage | 2026-05-18 |
| SRC-003 | Veho | Veho brands page | 2026-05-18 |
| SRC-004 | Veho | Veho about page | 2026-05-18 |
| SRC-005 | Veho | Veho driver partner page | 2026-05-18 |
| SRC-006 | Veho | Veho 3PL page | 2026-05-18 |
| SRC-007 | DuckDuckGo snippets | DuckDuckGo search: Veho funding and valuation | 2026-05-18 |
| SRC-008 | DuckDuckGo snippets | DuckDuckGo search: Veho IPO/acquisition eligibility | 2026-05-18 |
| SRC-009 | DuckDuckGo snippets | DuckDuckGo search: Veho leadership | 2026-05-18 |
| SRC-010 | DuckDuckGo snippets | DuckDuckGo search: Veho legal and driver classification | 2026-05-18 |
Disclaimer
This report is a public-evidence diligence snapshot, not investment advice. Important financial, legal, technical, and contractual facts remain non-public and should be verified directly with management and primary documents before any investment decision.