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VersaFleet powers thousands of delivery drivers across ASEAN 150+ companies run last-mile operations on the platform Founded Singapore, 2012 - by Shamir Rahim Clients report up to 80% productivity gains AI route optimisation + ePOD + live tracking in one TMS Reported ~US$4M revenue in 2025 VersaFleet powers thousands of delivery drivers across ASEAN 150+ companies run last-mile operations on the platform Founded Singapore, 2012 - by Shamir Rahim Clients report up to 80% productivity gains AI route optimisation + ePOD + live tracking in one TMS Reported ~US$4M revenue in 2025
Company Dossier · Transport Management Software

VersaFleet

The Singapore software company quietly running the last mile - routes planned, drivers tracked, deliveries proven, all on one screen.

VersaFleet logo
VERSAFLEET, HENDERSON ROAD, SINGAPORE.
The brand mark of a transport-management platform built for the messy, expensive final leg of delivery.
2012
Founded
150+
Companies served
~$4M
Revenue (2025)
ASEAN
Core market
The Business

Software for the last, hardest mile

Most goods travel efficiently until the very end. The moment a shipment breaks into individual drops - a van, a driver, twenty addresses, traffic, a customer waiting - is where logistics gets slow and expensive. VersaFleet is built for exactly that moment.

Founded in Singapore in 2012 by Shamir Rahim, VersaFleet is a cloud-based transport management system, sold as software-as-a-service. In plain terms, it replaces the spreadsheets, phone calls and paper delivery slips that many fleets still run on with a single dispatch command centre.

Dispatchers use it to plan routes, assign the right vehicles and drivers, and watch jobs update in real time. Drivers use a mobile app to capture electronic proof of delivery - a signature on glass, a photo, a timestamp. Customers, meanwhile, get automated updates about where their delivery is.

The company frames its purpose around a large, unglamorous cost: the roughly US$60 billion the industry loses to "empty miles" - trucks running half-full or returning empty. Better planning shrinks that waste, which is the entire pitch.

It is a focused product, not a sprawling suite. VersaFleet does one job - the last mile - and aims to do it thoroughly across the industries where that job matters most.

“VersaFleet automates the last mile of supply chains with route optimisation, electronic proof-of-delivery, instant notifications and real-time job-status tracking.”

- Company description, as reported across public profiles
Products & Services

What's inside the platform

Core

Transport Management System

The hub - plan, dispatch, track and prove last-mile deliveries from one command centre.

Planning

AI Route Optimisation

Multi-constraint routing that allocates vehicles and drivers and re-plans automatically to maximise use of the fleet.

Field

Electronic Proof of Delivery

Sign-on-glass signatures, photos and digital inspection logs captured on the driver app.

Visibility

Real-time Tracking

Live driver and job-status tracking with a dispatcher overview of the whole operation.

Experience

Automated Notifications

Automated SMS and email updates that keep recipients informed and cut inbound "where is it?" calls.

Insight

Business Intelligence

Driver performance, fleet utilisation and operational analytics for data-driven decisions.

Reported Results

What clients say it changed

Figures VersaFleet cites from customer operations. Treat them as vendor-reported outcomes rather than audited benchmarks - directional, not guaranteed.

Productivity gain
up to 80%
Efficiency increase
up to 50%
Ops streamlined
~30%
Who Uses It

The customers

VersaFleet sells to businesses that run their own delivery fleets. Four industries anchor the customer base:

FMCG & CPG distributors 3PL & 4PL logistics Environmental / waste People & staff transport

Public profiles say the platform powers thousands of drivers across 150+ companies, many of which deliver on behalf of Fortune 500 brands. Named customers include YHI Corporation, SFS Global Logistics and United Logistics and Distribution. The concentration is Singapore and the wider ASEAN region.

The Problem

Why it exists

Last-mile delivery is fragmented and manual. Dispatchers juggle routes by hand, drivers phone in updates, proof of delivery arrives as easily-lost paper, and customers are left guessing.

That friction costs money and trust. VersaFleet's answer is to digitise the whole flow: optimise the route before the van leaves, track it while it runs, and prove each drop the moment it happens - so operators see everything and customers stop calling to ask.

Where It Fits

How it stands apart

The last-mile software market is crowded - Onfleet, Locus, Bringg, Detrack, Shipday and Route4Me all compete for attention. VersaFleet's positioning is regional and vertical: a Singapore-built platform tuned for ASEAN operators and shaped around four specific industries rather than a one-size-fits-all tool.

It also stands out for how it grew. Public revenue trackers describe a company that reached multi-million-dollar recurring revenue with relatively light outside capital - a bootstrapped-leaning path unusual in a category where rivals raised large venture rounds. That discipline is part of the story.

And it plays inside the enterprise stack: VersaFleet is listed as an SAP partner for last-mile transport management, positioning it as the delivery layer that plugs into bigger supply-chain systems rather than replacing them.

Origin Story

The accidental TMS

By VersaFleet's own telling, the product was a happy accident. Founder Shamir Rahim set out to build a medical device - and the transport-management software emerged from that work as the breakout idea. The company was incubated by Get2Volume and NUS Enterprise in its early years.

That pragmatic, market-led origin still colours the business: a narrow product, close to real operations, refined over more than a decade.

Leadership

Who runs it

Shamir Rahim founded the company and leads it as CEO. Alongside him, Paula Paw serves as Co-CEO - a notable internal-promotion arc, having joined in sales and risen through regional sales and operations-planning roles over roughly six years.

The team is small and lean - around 22 people - reflecting a focused, capital-efficient way of scaling a B2B software business.

Funding & Backers

The money behind it

VersaFleet's early support came through Singapore's startup ecosystem, followed by growth rounds. Public sources vary on exact figures, so treat amounts as approximate.

SMRT Ventures Prestellar Ventures Seeds Capital NUS Enterprise Get2Volume
Snapshot

Reported rounds

Seed / early: ~SGD 1M (incubation era)
Growth / Series A: ~US$2.1M reported
Revenue: ~US$3.4M ARR (2024), ~US$4M (2025)

Timeline

A decade in the last mile

2012

Founded in Singapore

Shamir Rahim starts VersaFleet; the TMS emerges from a pivot away from an earlier medical-device idea.

2013

Incubation support

Backed by Get2Volume and NUS Enterprise, with early funding of around SGD 1 million.

2018

Growth funding reported

Reported to raise around US$2.1M as it scaled its platform across ASEAN.

2020

Brand & product refresh

Repositions around AI-enabled route optimisation and four core industries; SMRT Ventures among backers.

2024

Revenue milestone

Annual recurring revenue reported at roughly US$3.4M, up from ~US$3.1M the year before.

2025

Continued growth

Revenue reported at roughly US$4M as the platform keeps expanding across Southeast Asia.

Watch & Learn

Demos & interviews

Find product walkthroughs and founder interviews on VersaFleet's own channels and around the web:

Product demos on YouTube → Founder interview: Shamir Rahim →
FAQ

Quick answers

What does VersaFleet do?

It makes cloud-based transport management software (TMS) that automates last-mile delivery - route planning, dispatch, driver and vehicle assignment, electronic proof of delivery, live tracking and automated customer notifications.

Who founded VersaFleet and when?

It was founded in Singapore in 2012 by Shamir Rahim. Paula Paw, who rose through the company's sales organisation, now serves as Co-CEO.

Who uses VersaFleet?

Businesses that run delivery fleets - FMCG/CPG distributors, 3PL and 4PL logistics providers, waste-management operators and staff-transport companies - reportedly across 150+ companies and thousands of drivers, mostly in ASEAN.

How much funding has VersaFleet raised?

Public sources cite early incubation funding of about SGD 1 million and later rounds including a reported ~US$2.1M, with investors such as SMRT Ventures, Prestellar Ventures and Seeds Capital. It has grown to multi-million-dollar revenue with relatively light outside capital.

Who are VersaFleet's competitors?

Other last-mile and route-optimisation platforms such as Onfleet, Locus, Bringg, Detrack, Shipday and Route4Me.

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Compiled from public sources including VersaFleet's website, Crunchbase, DealStreetAsia, Tracxn, GetLatka and SAP. Figures are approximate and vendor- or third-party-reported where noted.