London-based HIVED, an AI-powered parcel delivery startup transforming logistics for the e-commerce era, has raised $42 million in a Series B funding round. The fresh capital will accelerate hiring, support expansion into multiple new UK cities, and advance the development of the company’s proprietary logistics intelligence platform, HIVEDmind.
Transforming Parcel Delivery for the E-commerce Economy
The UK, home to the world’s third-largest e-commerce market accounting for nearly 10% of its GDP, continues to rely on outdated logistics systems ill-suited for modern online shopping. HIVED is challenging the status quo by building its delivery network from the ground up, specifically tailored for e-commerce, and designed to meet the demands of today’s digital consumers.
The company’s HIVEDmind platform integrates AI, real-time data, and modern software architecture to connect retailers, warehouses, drivers, and customers through a single, seamless, end-to-end system. Retailers benefit from direct integration with real-time warehouse sorting, while adaptive routing algorithms respond dynamically to driver behavior and real-world conditions.
100% Electric End-to-End Logistics
HIVED operates the world’s only end-to-end fully electric parcel delivery network, reducing environmental impact and aligning with sustainability goals. Unlike traditional delivery systems that rely on static postcodes, HIVED uses dynamic delivery clusters, which are continuously redrawn based on live parcel volumes and data-driven insights, enabling more efficient and flexible deliveries.
Advanced Tracking and Enhanced Retailer Visibility
Every parcel is tracked live from depot to doorstep. Retailers gain comprehensive visibility through dashboards featuring geo-coded delivery photos, behavioral alerts, and fraud detection systems that identify suspicious patterns, such as repeated orders from the same location. This holistic approach enhances the delivery experience, protects retailer reputations, and increases customer trust.
Data-Driven Competitive Edge
HIVED’s sophisticated models provide highly accurate forecasts of delivery volumes by analyzing real-world behaviors, such as time taken in specific neighborhoods, bottlenecks like courtyards or gated communities, and optimal parking spots. This nuanced intelligence helps address the industry’s last-metre delivery challenge, giving HIVED a significant competitive edge and making it the UK’s highest-rated parcel delivery company on Trustpilot.
Strong Consumer Appeal
HIVED’s innovative approach has proven so popular that its inclusion as a delivery option is becoming a decisive factor for consumers when choosing between retailers, turning logistics into a competitive advantage for its partners.
Industry Leaders Support HIVED’s Vision
The Series B round was led by NordicNinja, renowned for backing logistics pioneers like Bolt and Einride. Other participants included Wex Venture Capital, Marunouchi Innovation Partners, Elemental Impact, Yamato Holdings, Future Back Ventures by Bain & Company, Rocketship VC, and existing investors such as Planet A.
Voices from Industry Leaders
“HIVED is doing what no one else in logistics has managed to do—pair a truly outstanding consumer experience with deep operational control,” said Tomosaku Sohara, Managing Partner at NordicNinja. “They have reimagined delivery from the ground up, building technology designed for scale.”
“Today’s customers want fast, convenient, personalized experiences, with sustainability at their core,” noted Anna Lundstrom, CEO of Nespresso UK & Ireland. “For many, receiving a parcel is the first physical interaction with our brand. HIVED’s dynamic live tracking and seamless delivery experience build trust and reliability.”
Future Plans
With this new funding, HIVED plans to accelerate its rollout across the UK, expand its engineering and data teams, and enhance the capabilities of HIVEDmind to redefine the parcel delivery landscape.