Delivery Experience Saas Leader Parcel Perform Secures Us$20M Series A Investment Led By Cambridge Capital With Participation From Softbank Ventures Asia
Amount Raised
$20 Million
Round Type
Series A
SingaporeInformation TechnologyCommerce and ShoppingHardwareSoftwareInternet Servicesinformation technology & servicesDescription
Parcel Perform, the leading cloud-based delivery experience platform for e-commerce businesses worldwide, announced today that it has successfully secured US$20M in Series A investments led by Cambridge Capital, with new investor SoftBank Ventures Asia joining the round alongside existing investors including Wavemaker Partners and Investible. The company currently manages over 100 million parcel tracking updates daily, providing real-time visibility of tracking data and helping businesses to increase customer lifetime value by up to 40%. Already profitable, Parcel Perform continues to see stellar growth, with revenue growing by 5x since the onset of the COVID-19 pandemic.
Quick answer
Parcel Perform raised $20 Million in a Series A round, dated August 11, 2021. Parcel Perform is based in Singapore.
- How much did Parcel Perform raise?
- Parcel Perform raised $20 Million in a Series A round on August 11, 2021.
- Where is Parcel Perform based and how big is it?
- Parcel Perform is based in Singapore. Fundz records about 190 employees.
Source: Fundz verified event record.
Who else raised in Commerce and Shopping and Hardware around the same time
Companies in the same sectors as Parcel Perform that raised within 45 days of this round, from Fundz verified event records.
- Agora raised $33M (Funding Round) on August 12, 2021.
- LinkSquares raised $40M (Series B) on July 14, 2021.
- LinkSquares raised $38M on July 13, 2021.
- Blue White Robotics raised $37M (Series B) on September 23, 2021.
- Pudu Robotics raised an undisclosed amount (Series C) on September 23, 2021.
- CARS24 raised $450M (Funding Round) on September 20, 2021.
Who to call at Parcel Perform, and when
A new round usually means Parcel Perform is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Parcel Perform raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Parcel Perform, from your own LinkedIn network
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Funding Insights
What this usually meansParcel Perform raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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