Paccurate, a NYC-based provider of a packing intelligence platform for parcel shippers, raised $8.1M in Series A funding.
The round was led by High Alpha with participation from Tech Square Ventures, Grand Ventures, HPA (Hyde Park Angels), Las Olas Venture Capital, Springtime Ventures and Royal Street Ventures.
The company intends to use the funds to enhance and build upon platform capabilities and features, forge new partnerships with solution providers and support its customer base.
Led by Co-Founder and CEO James Malley, Paccurate is a provider of a parcel intelligence platform specializing in packing optimization, which helps shippers identify their ideal carton suite and enables them to pack orders efficiently. Its patented technology combines advanced cartonization with simulation and monitoring tools, lowering fulfillment costs, reducing waste and ensuring compliance with emerging regulatory requirements for packing efficiency. Early customers include large retailers and shippers such as Daily Harvest, Our Place and Barrett Distribution Centers.
FinSMEs
22/10/2024