Parcel Perform, the leading cloud-based delivery experience platform for e-commerce businesses worldwide, announced that it has successfully secured $20 Million in Series A investments.

The round was led by Cambridge Capital, with new investor SoftBank Ventures Asia joining the round along with existing investors including Wavemaker Partners and Investible.

Parcel Perform will use the fresh funding to build out its technology offerings and invest further in artificial intelligence (AI) solutions.

Company: PARCEL PERFORM PTE. LTD.

Raised: $20.0M

Round: Series A

Funding Month: August 2021

Lead Investors: Cambridge Capital

Additional Investors: SoftBank Ventures, Wavemake Partners, and Investible

Company Website: https://www.parcelperform.com

Software Category: e-commerce Logistics/cloud-based delivery platform

About the Company: Parcel Perform is the leading delivery experience platform. It enables modern e-commerce enterprises to create unique end-to-end customer journeys and optimize logistics operations with powerful data integrations, parcel tracking, delivery notifications, and logistics performance reports in real-time. Parcel Perform’s scalable SaaS platform executes more than 100M parcel updates daily and integrates with 700+ carriers. The data-first company is pioneering creative ML / AI use cases in e-commerce logistics included its Date of Arrival prediction engine. Parcel Perform is the partner of choice for top brands, marketplaces, and carriers across all major verticals globally.

Source: https://www.parcelperform.com/insights/parcel-perform-secures-series-a-investment/