D
Darkstore
Urban fulfillment centers enabling accessible same-day delivery for e-commerce brands
About Darkstore
Founded in 2016 by Lee Hnetinka, Darkstore emerged as a logistics and fulfillment provider tailored for the e-commerce era. Hnetinka, who previously founded the on-demand delivery service WunWun and sold it in 2015, brought his experience in urban logistics to this new venture. The company's primary mission was to democratize access to rapid fulfillment, enabling direct-to-consumer (DTC) and other e-commerce brands to compete with the delivery speeds of major retailers.
Darkstore's business model centers on creating a network of 'dark stores'—strategically located, non-public micro-fulfillment centers situated in dense urban areas. This infrastructure allows client brands to store their inventory closer to the end consumer, drastically reducing shipping times. The company provides an API-driven platform that integrates with a brand's existing e-commerce operations, managing inventory and order fulfillment. For the final-mile delivery, Darkstore partners with on-demand services like DoorDash to transport products from the fulfillment center to the customer's doorstep, often within a two-hour window. Revenue is generated by providing these technology-powered fulfillment and logistics services to brands that want to offer same-day delivery without investing in their own physical infrastructure.
In a significant strategic evolution, Darkstore launched its own consumer-facing application, FastAF, in 2020. This mobile app functioned as a digital marketplace, offering a curated selection of products from premium and DTC brands for delivery in under two hours in cities like Los Angeles and New York. FastAF leveraged Darkstore's existing network of fulfillment centers to power its rapid delivery service, essentially becoming a client of its own infrastructure. The company has successfully raised a total of $30.2 million in funding over five rounds, with a notable $21 million Series B round in September 2019 led by EQT Ventures.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2017
- Headquarters
- San Francisco, United States
- Employees
- 29
- Open positions
- None listed
- Dealroom signal
- 78.8/100
- Industry
- Robotics, Transportation
- Sub-industry
- Logistics & Delivery
- Sector
- Transportation, Shipping, Hard Tech, DT and LS, science-based
- Technology
- Deep Tech
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| LATE VC✓Equity / VC | Dec 2021 | $8M | $105M | PivotNorth Capital · EQT Ventures · R/GA Ventures · Daversa Partners | ↗ |
| SERIES B✓Equity / VC | Sep 2019 | $21M | $84M | EQT Ventures | — |
Growth signals
Latest recorded traffic for Darkstore is 270 monthly website visits, down 83.1% over the last three months. Darkstore's team grew 0% over the past year.
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed2 investors entered at this stage
Gary Fritz
PivotNorth Capital
Series A6 investors entered at this stage
R/GA Ventures
R/GA Accelerator
EQT Ventures
Village Global
Cota Capital
Firebolt Ventures
Series B and later3 investors entered at this stage
- DPDaversa Partners
Interlace Ventures
Luxor Capital
Other known investors3 additional known investors
Gokul Rajaram
R/GA Connected Commerce Accelerator
Scott Belsky
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Darkstore on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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