How Much Did Parcels Raise?
Funding & Key Investors

Parcels, a prominent provider of legal, litigation, and forensic support services in Delaware, has secured significant capital, with its total funding reaching $2.1M. The company recently announced a major strategic investment of $1.1M, underscoring its established market presence and ongoing growth trajectory. This latest financing round follows previous debt facilities, indicating a robust capital structure designed to support its comprehensive service offerings.

What is Parcels?

Parcels
TransportationFreight & Logistics ServicesBusiness Services

Founded in 1980, Parcels has built a strong reputation for delivering specialized eDiscovery, printing, and courier solutions. The company's extensive service portfolio includes expedited discovery, trial support, and advanced document technology, catering to the complex needs of the legal sector. With a commitment to 24/7 availability and exceptional customer service, Parcels supports clients globally. Its ISO 27001 certification highlights a dedication to information security and the delivery of professional, reliable results in sensitive legal processes.

How much funding has Parcels raised?

Parcels has raised a total of $2.1M across 2 funding rounds:

2020

Debt

$1M

2021

Debt

$1.1M

Debt (2020): $1M with participation from PPP

Debt (2021): $1.1M led by PPP

Key Investors in Parcels

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Parcels?

The recent major strategic investment signifies Parcels' transition into a new phase of enterprise-level growth. This capital infusion is expected to fuel further expansion of its service capabilities, potentially through technological advancements in eDiscovery and forensic support, or by broadening its geographic reach. Given its long-standing history and established client base, Parcels is well-positioned to leverage this strategic financing to enhance its competitive advantage and solidify its leadership in the legal support services market.

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Frequently Asked Questions Regarding Parcels Financial Insights

What are the most recent funding rounds that Parcels has completed, and what were the funding rounds?
Parcels has recently completed 2 funding rounds: Debt on Jan 30, 2021, Debt on Apr 7, 2020.
What is the total amount of funding Parcels has raised to date?
Parcels has raised a total of $2.1M in funding to date.
How many funding rounds has Parcels completed?
Parcels has completed 2 funding rounds.
How much funding did Parcels raise in its most recent funding round?
Parcels raised $1.1M in its most recent funding round.
Who are the lead investors in Parcels's latest funding round?
The lead investor in Parcels'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 Parcels's history?
The largest funding round in Parcels's history was $1.1M.
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