Gunderson Dettmer represented client Ironspring Ventures as it led the $9 million Series A financing of OneRail, a last-mile software-as-a-service platform. Austin-based Ironspring, invests in early-stage startups that are digitizing the industrial economy.

In the announcement of the transaction, Managing Partner of Ironspring Ty Findley said, “At Ironspring Ventures, we partner with world-class founders and teams who are revolutionizing the way we design, build, distribute, and operate in the physical world. When you think about the end-to-end logistics value chain, we’ve invested in the ‘First Mile’ (Mercado Labs), the ‘Middle Mile’ (Plus One Robotics, Fast Radius), and now with OneRail, we’re excited to back this ‘Final Mile’ solution leader that combines best-in-class technology with the critical human element.”

The Gunderson deal team was led by Wes Watts and included Luke Thomas and Alex Devine.