There’s a certain poetry to logistics, chaos wrapped in choreography, moving parts dancing like clockwork on caffeine. And then there’s UniUni, the Richmond-based e-commerce last-mile platform that just locked in a $95.4M CAD ($70M USD) Series D round like it was pocket change. Led by Bessemer Venture Partners, with Sinovation Ventures co-leading and a who’s who of venture heavyweights, DCM Ventures, LFX Venture Partners, Celtic House Venture Partners, Redpoint Ventures, Brightway Future Capital, Vision Plus Capital, Joy Capital, and MindWorks Ventures, all grabbing a seat at the grown-up table.
But let’s rewind. Before UniUni was moving over a million packages daily, before it hit triple-digit warehouses and 50,000+ registered drivers, before it was even whispering “unicorn” into investors’ ears, it was a scrappy food delivery outfit. Vancouver, mid-pandemic, riding side by side with the Uber Eats and DoorDash of the world. One of those UniUni-branded cars just happened to catch the right eyes, a Shein logistics exec saw something the rest of the world hadn’t, yet. And just like that, UniUni was out of the kitchen and deep in the e-commerce trenches.
Founders Peter Lu and Kevin Wang didn’t just pivot, they launched a masterclass in staying opportunistic and operationally ruthless. A partnership with Shein became the ignition switch. Layer on a tech-first approach, an asset-light gig model, and a level of AI routing that has 70% of stops on the right-hand side, this isn’t just delivery, this is code meets curbside.
And the numbers don’t stutter. 12,854% three-year revenue growth. Top 5 on The Globe and Mail’s growth list. Over 500 cities, 825+ employees, and coverage of 80% of Canada and 60–70% of the U.S., with plans to hit 75% by the end of 2025. Not to mention clients like Temu, Amazon, and AliExpress stacking packages on the daily.
This Series D will fuel what comes next, even more warehouses, more robots (courtesy of the Global Robotics Services partnership), more AI, and more presence. Because scale in this game isn’t optional, it’s existential. And UniUni is treating every zip code like a chess piece.
Credit where it’s due, David Adderley from Celtic House Venture Partners just stepped onto the board, bringing 35+ M&A/IPOs and a war chest of knowledge. Bryan Wu of Bessemer led the round, while Ramon Zeng from DCM doubled down after leading Series C.
UniUni isn’t delivering packages, it’s delivering a blueprint. For logistics done smart, fast, and at scale. For founders who know when to grind, and when to glide. And for a market that’s still figuring out the difference between moving fast and moving right.
