a year ago
Electric Courier Startup Packfleet Charges Up with £7.8M Series A
London-based electric courier startup Packfleet has raised £7.8 million in a Series A funding round led by General Catalyst and Voyager Ventures
The company, founded by early Monzo employees, offers sustainable delivery solutions and plans to use the funding to enhance its routing software and expand its client base.
ProblemTransportation
"Traditional courier services are often inefficient, unreliable, and environmentally damaging."
Solution
"Packfleet offers a tech-enabled, all-electric courier service that is more efficient, reliable, and environmentally friendly than traditional courier services. They manage the tech and tracking end as well as the delivery itself, and have a fleet of over 100 drivers in London."