What is PaceRunners?
Originally established as Integrity Dash, PaceRunners specialized in local express custom delivery, with a core mission to provide urban youth with skills for successful transitions to independence and employment. Since its formation in 1997, the company has evolved into Pace, delivering customized logistics solutions. While expanding its operations, PaceRunners has consistently upheld its commitment to local communities and the provision of quality job opportunities, adapting its corporate structure to support growth.
How much funding has PaceRunners raised?
PaceRunners has raised a total of $2M across 1 funding round:
Debt
$2M
Debt (2020): $2M with participation from PPP
Key Investors in PaceRunners
PPP
Public-Private Partnership
What's next for PaceRunners?
The recent major strategic investment positions PaceRunners for significant expansion and operational enhancement. This enterprise-level backing suggests strong investor confidence in the company's established business model and its capacity for future growth. PaceRunners is expected to leverage this capital to advance its technological capabilities, broaden its market reach, and potentially deepen its social impact initiatives, solidifying its presence in the customized logistics landscape.
See full PaceRunners company page
