Packhelp, a Warsaw, Poland-based personalized packaging startup, raised $10m in Series A funding.
The round was led by White Star Capital, with participation from existing investors Speedinvest, PROfounders, Market One Capital and Apostolos Apostolakis.
The company intends to use the funds to:
– strengthen its position in Europe, with the UK, Germany and France as key markets,
– grow the tech team,
– launch new products,
– further develop Packhelp Pro, the company’s bespoke service for wholesale customers, and
– strengthen and establish more cooperation with partners and suppliers.
Founded in 2015 and led by Wojtek Sadowski, CEO, Packhelp offers a self-design tool that allows users to design and order their own custom-branded packaging. The company, which serves more than 10,000 customers in over 30 countries including H&M, Uber, Google, BMW, Wrangler, EA and L’Oreal, uses technology at its core, with a self-serve design tool allowing customers to create their own designs; and a technology platform for managing the orders it sends to suppliers.
Packhelp already cooperates with a number of logistics companies, like DB Schenker and online marketplaces, such as Etsy.
FinSMEs
18/03/2019