Homer Logistics

About Homer Logistics

Homer Logistics, founded in 2014 by Adam Price, was a New York-based startup that specialized in optimizing local, same-day delivery for businesses. The company provided a fulfillment platform designed for urban areas, using advanced logistics technology and a fully employed fleet of couriers to make local delivery more affordable and efficient. Homer's software aimed to predict delivery patterns, enabling better scheduling of its workforce and optimizing real-time, automated dispatching to reduce costs and improve service quality.

The company initially targeted the restaurant food delivery market, creating a centralized system that took orders from multiple restaurants and assigned them to its own delivery staff. Its business model focused on providing a dedicated logistics solution to partners with existing order volume, rather than building a consumer-facing brand. Homer's clients included local merchants, e-commerce businesses, and online ordering platforms like EatStreet, to whom it licensed its logistics platform in ten U.S. markets.

Homer Logistics raised a total of approximately $16.5 million over several funding rounds. A significant Series A round in June 2017 raised $8.5 million, led by Two Sigma Ventures with participation from Lerer Hippeau Ventures, RSE Ventures, and Laconia Capital Group, to expand its research and technical teams. In December 2017, the company announced an expansion into Manhattan's Upper East and Upper West sides and aimed to hire an additional 500 couriers. The company was eventually acquired by Waitr Holdings Inc. in a deal that was completed in 2019, although some sources suggest an earlier acquisition date.