Fundz

Pandion secured $41.5M in Series B funding led by Revolution Growth to accelerate the growth of its residential parcel delivery network.

PRIVATEMar 21, 2024

Amount Raised

$41.5 Million

Round Type

Series B

SeattleTransportationE CommerceLogistics

Investors

Sentinel GlobalProofSchematic VenturesAME Cloud VenturesTelstra VenturesBow CapitalPrologis VenturesPlayground GlobalRevolution Growth

Description

Pandion, founded by Amazon and Walmart veteran Scott Ruffin, announced a $41.5 million Series B funding round led by Revolution Growth. The funding will be used to accelerate the growth of its residential parcel delivery network, expand geographic reach, and increase delivery speed for customers like Saks Fifth Avenue.

Who else raised in Transportation and E Commerce around the same time

Companies in the same sectors as Pandion that raised within 45 days of this round, from Fundz verified event records.

  • Zypp Electric raised $40M (Series C) on April 12, 2024.
  • Logidoo raised $1.5M (Seed) on February 29, 2024.
  • Shadowfax raised $100M (Series E) on February 27, 2024.
  • Logidoo raised $1.6M (Seed) on February 13, 2024.
  • Shorages raised $1M (Pre-Series A) on April 25, 2024.
  • Pipedream raised $13M (Seed) on April 24, 2024.

Who to call at Pandion, and when

A new round usually means Pandion is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Pandion raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Pandion, from your own LinkedIn network

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Company Information

Company

Pandion

Location

Seattle, Washington, United States

About

We are a technology-first transportation provider. Tailor-made for e-commerce, we deliver a high performing one-day and two-day delivery experience for all. If you are obsessed with customers, and excited to develop new technologies and high-performing operations, come build the future with us!

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Pandion raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.