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Rich Pleeth and Chris Sargeant

Finmile: AI software for last-mile parcel delivery

  • Founded 2022
  • Backed by Sequoia
  • Customers include TikTok Shop

About

Rich Pleeth and Chris Sargeant founded Finmile in 2022 and turned their London e-cargo delivery business into a software platform. Finmile uses AI that learns from every delivery to plan routes and cut wasted miles, and it says it has reduced delivery costs by up to 42%.

Finmile has been backed by Sequoia Capital and MaC Venture Capital. Customers include JD.com, TikTok Shop, AG1, Inditex, ILG and Net Zero Logistics, and it has opened an office in New York.

Number 49 on the Startups 100 Index 2026.