What is TemperPack?
Headquartered in Richmond, Virginia, TemperPack operates at the intersection of material science and industrial logistics. The company specializes in the development of high-performance, sustainable packaging solutions designed to reduce operational costs while simultaneously mitigating environmental impact. By replacing traditional, non-recyclable materials with innovative, circular alternatives, TemperPack addresses the growing enterprise demand for ESG-compliant supply chain infrastructure.
The company's market position is defined by its focus on the circular economy, providing scalable alternatives that do not compromise on thermal protection or structural integrity. As global corporations face increasing pressure to decarbonize their logistics networks, TemperPack serves as a critical partner in transitioning toward more sustainable, resource-efficient packaging standards.
How much funding has TemperPack raised?
TemperPack has raised a total of $252.3M across 8 funding rounds:
Series A
$10M
Unspecified
$4.5M
Series B
$22.5M
Unspecified
$13M
Debt
$1M
Series C
$31.3M
Debt
$30M
Corporate Investment
$140M
Series A (2017): $10M with participation from SJF Ventures, Third Prime Capital, Interplay, and Dolik Ventures
Unspecified (2018): $4.5M led by Closed Loop Fund
Series B (2019): $22.5M supported by Arborview Capital, Tao Capital Management, SJF Ventures, Harbert Growth Partners, and Revolution Growth
Unspecified (2019): $13M, investors not publicly disclosed
Debt (2020): $1M backed by PPP
Series C (2020): $31.3M with participation from SJF Ventures, Arborview Capital, Harbert Growth Partners, Tao Capital, Wheatsheaf Group Limited, Greenhouse Capital Partners, Revolution Growth, and Third Prime Capital
Debt (2021): $30M led by Horizon Technology Finance
Corporate Investment (2022): $140M supported by Goldman Sachs
Key Investors in TemperPack
Goldman Sachs
A leading global investment banking and management firm that provides comprehensive financial services, including strategic advisory and capital market support for high-growth enterprises.
SJF Ventures
An investment firm dedicated to high-growth companies that drive positive societal change, with a specific focus on innovation and sustainability.
Revolution Growth
A venture capital firm that backs transformative technologies and visionary founders, focusing on scaling companies that redefine possibilities beyond traditional tech hubs.
What's next for TemperPack?
With the support of its latest capital infusion, TemperPack is well-positioned to accelerate its market penetration and expand its manufacturing capabilities. The strategic focus will likely shift toward scaling production to meet the demands of large-scale enterprise clients, further optimizing its supply chain, and potentially exploring new material applications within the broader industrial sector.
The involvement of major institutional investors suggests a long-term commitment to the company's vision of transforming the packaging industry. Future growth will likely be characterized by continued investment in R&D to maintain a competitive edge in material innovation, alongside efforts to solidify its footprint as a leader in the global transition toward sustainable, high-performance packaging solutions.
