How Much Did Package Express Centers Raise?
Funding & Key Investors

Package Express Centers has secured $394K in total funding, with its most recent capital infusion amounting to $244K on February 8, 2021. This major strategic investment signals a significant phase for the UPS partner, which has been enhancing retail businesses with UPS shipping services since its establishment in 1984.

What is Package Express Centers?

Package Express Centers
TransportationFreight & Logistics Services

Package Express Centers, Inc. operates as a crucial UPS partner, specializing in integrating UPS shipping services into independent retail businesses across the U.S. As the leading in-store retailing network for small package shippers, particularly in Small Town America, PEC is uniquely authorized by UPS to establish UPS Authorized Service Providers within retail outlets. The company's model is designed to drive increased customer traffic and bolster the profitability of its retail partners through enhanced service offerings.

How much funding has Package Express Centers raised?

Package Express Centers has raised a total of $394K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$244K

Debt (2020): $150K with participation from PPP

Debt (2021): $244K led by PPP

Key Investors in Package Express Centers

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Package Express Centers?

With a substantial total funding of $394K and a recent strategic investment of $244K, Package Express Centers is poised for accelerated growth and expansion. The company's established position as the sole UPS-authorized provider for independent retailers suggests a strong foundation for scaling its operations. Future strategic initiatives will likely focus on deepening its network penetration, enhancing service offerings to attract more retail partners, and potentially exploring new logistical solutions to further solidify its market leadership in the small package shipping and retail integration sector.

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Frequently Asked Questions Regarding Package Express Centers Financial Insights

What are the most recent funding rounds that Package Express Centers has completed, and what were the funding rounds?
Package Express Centers has recently completed 2 funding rounds: Debt on Feb 8, 2021, Debt on Apr 12, 2020.
What is the total amount of funding Package Express Centers has raised to date?
Package Express Centers has raised a total of $394K in funding to date.
How many funding rounds has Package Express Centers completed?
Package Express Centers has completed 2 funding rounds.
How much funding did Package Express Centers raise in its most recent funding round?
Package Express Centers raised $244K in its most recent funding round.
Who are the lead investors in Package Express Centers's latest funding round?
The lead investor in Package Express Centers's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Package Express Centers's history?
The largest funding round in Package Express Centers's history was $244K.
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