Fort Worth, Texas-based startup FetchGoat announced Friday it has been accepted into the global program Microsoft for Startups to accelerate the growth of its delivery management system for shippers to manage and monitor their last-mile delivery networks.
Led by industry veteran Bill Hale, FetchGoat’s founder and CEO told FreightWaves the company has bootstrapped itself, building its management system that is currently working with a handful of large shippers in industries such as pharmaceuticals, food service and apparel.
By combining those shippers’ last-mile delivery providers onto one platform, FetchGoat’s shippers are able to leverage a large capacity network along with analytics to cut unproductive routing from their current delivery stops…
According to a 2022 study by Technavio, the last-mile delivery market is expected to increase by $143.75 billion from 2021 to 2026. This growing market is what attracted Microsoft for Startups to FetchGoat.