How Much Did Parcels Raise?
Funding & Key Investors

Parcels has secured $2.1M in total capital, with its most recent funding round bringing in $1.1M in a major strategic investment on January 30, 2021. This enterprise-level funding underscores the company's significant market presence and growth trajectory in the legal support services sector.

What is Parcels?

Parcels
TransportationFreight & Logistics ServicesBusiness Services

Parcels, Inc. is a Delaware-based entity established in 1980, providing specialized legal, litigation, and forensic support services. Its core offerings encompass eDiscovery, printing, and courier solutions, designed to support legal processes from discovery through trial. The company emphasizes 24/7 availability and responsive customer service, catering to a global clientele. Parcels' commitment to information security is validated by its ISO 27001 certification, ensuring professional and secure handling of sensitive legal data.

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 a pivotal moment for Parcels, likely enabling expansion of its service offerings, technological advancements in eDiscovery, or broader market penetration. As a company with a long operational history and a focus on critical legal support functions, this capital infusion is expected to bolster its competitive edge and facilitate further innovation in serving the complex needs of the legal industry. Future growth may involve enhancing digital forensic capabilities or expanding its courier network for expedited legal document delivery.

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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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