| Founded | 2019 |
|---|---|
| Closed | 2024 |
| Country | USA |
| Sector | Logistics |
| Collapse type | Mass Layoff Spiral |
| Founder | Itamar Zur |
Veho
"Gig delivery math never worked — $170M couldn't fix the unit economics."
Cascading layoffs that accelerated the decline
Key Events Timeline
Veho, a gig-economy last-mile delivery startup backed by $170M including a $100M Series A in 2022 led by General Catalyst, announced mass layoffs in May 2024 and a strategic wind-down of core operations.
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