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Point Pickup Technologies
Point Pickup Technologies is a technology-enabled platform that solves middle and last mile delivery challenges. The company offers a single platform for...
Point Pickup Technologies
Point Pickup Technologies is a technology-enabled platform that solves middle and last mile delivery challenges. The company offers a single platform for middle-mile and last-mile delivery solutions, utilizing a precision matching system for same-day delivery. Founded in 2015 in Stamford, Connecticut, Point Pickup Technologies filed for bankruptcy in March 2024.
General information
Firm type
Last-mile delivery platform
Year founded
2015
Location
Region
North America
Country
United States
City
Stamford
Corporate office
Greenwich, CT, United States
Principals
Tom Fiorita
Founder & CEO
Sector focus
Frequently asked questions
Who runs Point Pickup Technologies?
Tom Fiorita founded the company and serves as CEO. His background was in retail logistics technology before starting the firm, though detailed biographical information is not widely published. Day-to-day investment and strategic decisions remain with the founder, consistent with its venture-backed, private-company structure.
How is Point Pickup different from DoorDash or Instacart?
Point Pickup operates as a white-label delivery infrastructure layer for enterprise retailers, not a consumer-facing marketplace. It focuses on same-day, big-and-bulky, and parcel delivery executed directly under the retailer's brand. The routing and batching engine is designed to optimize multi-stop density, targeting the underlying unit economics of last-mile logistics rather than consumer acquisition.
What merchant verticals does Point Pickup serve?
Publicly referenced deployments span general merchandise, grocery, and oversized or bulky items — categories where retailer-branded final-mile control is operationally complex. The platform is adaptable to any retailer needing to outsource delivery without surrendering the customer experience to a third-party marketplace interface.
Does Point Pickup employ its own drivers?
No. The company uses a gig-economy driver model, sourcing independent contractors through its platform. This asset-light structure aligns with last-mile logistics peers, placing capital expenditure on the routing software and enterprise integrations rather than driver payroll or fleet vehicles.
What is Point Pickup's operating status following the venture-backed logistics pullback?
Public coverage has been sparse since 2022. Many gig-economy logistics firms faced headwinds as capital markets tightened and unit economics were stress-tested. Point Pickup has not published recent funding rounds or material operational updates, leaving its current deployment and scale undetermined for an outside allocator.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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