Nextmv Closed an $8M Series A

The 2019-founded optimization startup Nextmv announced this week that it had closed an $8 million Series A from existing investors.

Founder and CEO Carolyn Mooney told the company wasn’t necessarily looking to fundraise twice in 2020 — it raised a seed round of fundraising in spring 2020, and this latest round closed in December — but existing investors were getting excited about the company’s cloud-based optimization platform built with devs in mind.

The 2021 RealLIST Startups honoree was founded and built its product before the pandemic hit last year, with the goal of making a developers-first platform for logistics optimization that was accessible for those who weren’t specifically trained in it. Cofounders Mooney and CTO Ryan O’Neil are alumni of startups Zoomer and Grubhub, where they built the algorithms to consolidate and automate deliveries, and managed large distributed teams.


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