What is PICKUP?
PICKUP operates as a sophisticated same-day delivery platform specifically engineered for heavy and bulky items. By integrating a network of fully vetted Delivery Pros with a proprietary tech stack, the company provides businesses in retail, e-commerce, healthcare, and home improvement with a reliable, scalable solution for complex logistics. The firm's market position is defined by its focus on the last-mile experience, effectively bridging the gap between traditional freight services and modern, on-demand consumer expectations. By prioritizing real-time visibility and operational efficiency, PICKUP enables its enterprise partners to drive higher sales volumes and foster long-term customer loyalty in an increasingly competitive digital economy.
How much funding has PICKUP raised?
PICKUP has raised a total of $22.5M across 4 funding rounds:
Angel/Seed
$600K
Private Equity
$1.9M
Series A
$5M
Series B
$15M
Angel/Seed (2014): $600K, investors not publicly disclosed
Private Equity (2017): $1.9M, investors not publicly disclosed
Series A (2018): $5M supported by Miami Angels, TDF Ventures, Engage Venture Fund, and Noro-Moseley Partners
Series B (2021): $15M featuring TDF Ventures, NewRoad Capital Partners, Florida Funders, Noro-Moseley Partners, AutoTech Ventures, and New York Angels
Key Investors in PICKUP
TDF Ventures
An early-stage venture capital firm based in Chevy Chase and Silicon Valley, focusing on enterprise-market startups within the infrastructure, software, and services sectors.
Noro-Moseley Partners
A firm specializing in early growth equity for rapidly scaling B2B technology and healthcare companies, with a long-standing history of partnering with high-growth CEOs.
NewRoad Capital Partners
An operator-led investment firm that leverages deep sector-specific expertise in supply chain, logistics, and retail technology to drive value through collaboration.
What's next for PICKUP?
Following the latest infusion of capital, PICKUP is well-positioned to accelerate its enterprise-level expansion and refine its logistics infrastructure. The company's trajectory suggests a strategic pivot toward deepening its footprint in high-growth sectors where bulky item delivery remains a significant pain point. By leveraging the expertise of its institutional backers, PICKUP is expected to enhance its proprietary technology, potentially integrating advanced predictive analytics to further optimize delivery routes and service reliability. As the firm scales, the focus will likely remain on maintaining high service standards while expanding its geographic reach to meet the rising demand for seamless, tech-driven logistics solutions across the United States.
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