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COMPANY PROFILE

Darkstore

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Urban fulfillment centers enabling accessible same-day delivery for e-commerce brands

San Francisco, United StatesFounded 2017Transportation
Valuation $100–250M Last recorded · 2019
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Darkstore and the history behind them.

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 data

At 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

Funding history

7 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
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 —
Showing the latest 2 of 7 recorded eventsBook a demo for the full funding history →

Growth signals

Darkstore website traffic

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.

Latest monthly visits270 3-month web change-83.1% 1-year team growth0%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

14 investors on the cap table

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

Series B and later3 investors entered at this stage

  • Daversa Partners
  • Interlace Ventures
  • Luxor Capital

Other known investors3 additional known investors

  • Gokul Rajaram
  • R/GA Connected Commerce Accelerator
  • Scott Belsky
Team profiled 9 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
5 countries with
team presence
🇺🇾 Uruguay33.3%
🇮🇳 India16.7%
🇸🇦 Saudi Arabia16.7%
🇨🇱 Chile16.7%
🇺🇸 United States16.7%
5 countries shown

Market sentiment

Posts on X, past 7 days

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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