Pallet raises $27M in Series B funding led by General Catalyst to enhance its AI logistics workforce.
Amount Raised
$27 Million
Round Type
Series B
San FranciscoSoftwareTransportationSupply Chain ManagementLogisticsInvestors
Description
Pallet has secured $27 million in a Series B funding round led by General Catalyst, with participation from Bain Capital Ventures, Activant Capital, and Bessemer Venture Partners. The funding will be used to expand product and engineering teams to scale its AI workforce. The raise reflects surging demand from logistics operators seeking to reduce costs. Total funding raised to date is now $50 million.
Quick answer
Pallet raised $27 Million in a Series B round, dated May 27, 2025. Investors: Bain Capital Ventures, Activant Capital, Bessemer Venture Partners and General Catalyst. Pallet is based in San Francisco, California, United States.
- How much did Pallet raise?
- Pallet raised $27 Million in a Series B round on May 27, 2025.
- Who invested in Pallet?
- Bain Capital Ventures, Activant Capital, Bessemer Venture Partners and General Catalyst are named as investors in this round.
- What does Pallet do?
- Pallet makes supply chains more efficient.
- Where is Pallet based and how big is it?
- Pallet is based in San Francisco, California, United States. Fundz records about 94 employees.
- Who are the decision-makers at Pallet?
- Fundz holds 1 contact at Pallet, including the Executive Officer, Director. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Transportation and Supply Chain Management around the same time
Companies in the same sectors as Pallet that raised within 45 days of this round, from Fundz verified event records.
- BackOps.ai raised $6M (Seed) on June 24, 2025.
- Moddule raised $1.5M (Pre-Seed) on May 20, 2025.
- Stord raised $200M (Funding Round) on May 19, 2025.
- Freight Technologies raised $1M (Seed) on May 2, 2025.
- Moddule raised $1.4M on April 15, 2025.
- Truck Parking Club raised an undisclosed amount (Corporate Round) on July 11, 2025.
Who to call at Pallet, and when
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- An alert the day Pallet raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Pallet, from your own LinkedIn network
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Funding Insights
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