What is Paack?
Founded on the principle of making e-commerce deliveries simple and sustainable, Paack has established itself as a premier provider of ultra-high-performance logistics solutions. Leveraging advanced technology, the company offers a comprehensive ecosystem of end-to-end operations, including warehouse management, fulfillment, and delivery applications, alongside retailer systems and checkout integrations. Headquartered in Spain, Paack has expanded its regional operations to the UK, France, and Portugal, driven by a commitment to customer excellence and speedy, accurate delivery experiences. The company's ambition is to provide the most convenient and efficient delivery service available in the market.
How much funding has Paack raised?
Paack has raised a total of $348M across 5 funding rounds:
Series A
$6M
Series B
$20M
Series C
$53M
Series D
$225M
Debt
$44M
Series A (2018): $6M with participation from Kibo Ventures, Big Sur Ventures, Castel Capital, FJ Labs, and Bankinter
Series B (2019): $20M led by Castel Capital, Unbound, Bankinter, RPS Ventures, Rider Global, Kibo Ventures, and Bonsai Partners
Series C (2020): $53M supported by Rider Global, Unbound Inc, RPS Ventures, and Bregal Milestone LLP
Series D (2022): $225M featuring Fuse Partners, SoftBank Group, Big Sur Ventures, RPS Ventures, Castel Capital, Endeavor Global, First Bridge Ventures, Unbound, Iñaki Berenguer, InfraVia Capital Partners, Rider Global, and Kibo
Debt (2023): $44M, investors not publicly disclosed
Key Investors in Paack
Fuse Partners
Fuse Partners is a venture capital firm passionate about small business marketing, offering tools for multi-site businesses to create campaigns across various media. They specialize in local area marketing solutions.
SoftBank Group
SoftBank Group is a global technology holding company driving innovation in telecommunications, internet services, AI, and robotics, with a focus on transformative technologies and strategic investments worldwide.
Big Sur Ventures
Big Sur Ventures is an early-stage investment firm focused on innovative technology companies, particularly in the Internet and SaaS sectors in Spain, providing capital and operational support.
What's next for Paack?
With its recent major strategic investment and substantial overall funding, Paack is poised for accelerated growth and market penetration. The company's focus on technological innovation and sustainable delivery practices positions it favorably within the rapidly evolving e-commerce landscape. Future strategic initiatives are likely to involve expanding its operational footprint across new European markets, enhancing its technological infrastructure, and further optimizing its fulfillment and delivery network to meet increasing consumer demand for reliable and eco-friendly shipping solutions. This capital will also support continued development of its integrated logistics platform.
See full Paack company page
