Paccurate, a shipping & fulfillment optimization platform, announced that it closed a $2.2 million seed round.
The round was co-led by SpringTime Ventures and FirstMile Ventures, with Grand Ventures as the other major participant.
This funding round will enable Paccurate to onboard major retailers and 3PLs faster and expand their suite of fulfillment optimization tools.
The funds will support the company's mission to reduce the costs and carbon impact of the ecommerce supply chain.
Company: Paccurate, Inc.
Raised: $2.2M
Round: Seed Round
Funding Month: May 2022
Lead Investors: SpringTime Ventures and FirstMile Ventures
Additional Investors:
Company Website: https://paccurate.io/
Software Category: Drop Shipping Software
About the Company: Paccurate is a shipping & fulfillment optimization platform, to help shippers reduce labor, material, and transportation costs, Paccurate provides a powerful containerization engine with a lightweight API. As a drop-in replacement for legacy cartonization functionality, Paccurate is the first solution of its kind to incorporate dynamic transportation costs in its real-time packing decisions. Paccurate helps businesses pack more efficiently to reduce costs and waste. It's the most advanced and flexible cost-aware cartonization API publicly available.
Source: https://www.prnewswire.com/news-releases/paccurate-raises-2-2-million-seed-funding-round-301538682.html