What is Parcel Perform?
Parcel Perform operates as a sophisticated delivery experience platform designed to bridge the gap between e-commerce merchants and their end customers. By integrating disparate logistics data into a unified interface, the company enables brands to provide transparent, real-time tracking and automated delivery notifications. Beyond basic visibility, the platform utilizes advanced machine learning and artificial intelligence to power predictive analytics, such as its proprietary Date of Arrival engine. This data-first approach allows enterprises to transform logistics from a cost center into a competitive advantage, fostering customer loyalty through superior post-purchase experiences across diverse global markets.
How much funding has Parcel Perform raised?
Parcel Perform has raised a total of $21.1M across 2 funding rounds:
Angel/Seed
$1.1M
Series A
$20M
Angel/Seed (2018): $1.1M with participation from Wavemaker Partners
Series A (2021): $20M led by Cambridge Capital, SoftBank Ventures Asia, Wavemaker Partners, and Investible
Key Investors in Parcel Perform
Cambridge Capital
A leading private equity firm specializing in the supply chain sector, focusing on building billion-dollar businesses through deep domain expertise in transportation and logistics.
SoftBank Ventures Asia
The early-stage venture capital arm of the SoftBank Group, focusing on ICT investments including AI, IoT, and smart robotics to facilitate global market growth.
Wavemaker Partners
A prominent Southeast Asian venture capital firm specializing in early-stage investments across Enterprise, Deep Tech, and Sustainability sectors with a focus on positive social impact.
What's next for Parcel Perform?
Looking ahead, the infusion of capital positions Parcel Perform to accelerate its product roadmap, particularly in the realm of AI-driven logistics optimization. As the company scales, it is expected to deepen its integration capabilities with major global carriers and marketplaces, further cementing its role as the partner of choice for top-tier brands. The strategic focus will likely shift toward expanding its footprint in emerging markets while refining its predictive modeling tools to address the increasing complexity of cross-border e-commerce. By maintaining its commitment to data-driven innovation, Parcel Perform is well-equipped to navigate the ongoing digital transformation of the global supply chain landscape.
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