Delivery Experience Saas Leader Parcel Perform Secures Us$20M Series A Investment Led By Cambridge Capital With Participation From Softbank Ventures Asia
PRIVATEAug 11, 2021
Amount Raised
$20 Million
Round Type
Series A
SingaporeInformation TechnologyCommerce and ShoppingHardwareSoftwareInternet Servicesinformation technology & services
Description
Parcel Perform, the leading cloud-based delivery experience platform for e-commerce businesses worldwide, announced today that it has successfully secured US$20M in Series A investments led by Cambridge Capital, with new investor SoftBank Ventures Asia joining the round alongside existing investors including Wavemaker Partners and Investible. The company currently manages over 100 million parcel tracking updates daily, providing real-time visibility of tracking data and helping businesses to increase customer lifetime value by up to 40%. Already profitable, Parcel Perform continues to see stellar growth, with revenue growing by 5x since the onset of the COVID-19 pandemic.
Company Information
Company
Parcel Perform
Location
138 Cecil St
Singapore
About
Based on this data, said Jeroschewski, tracking experience — such as a web page for tracking, a system for authentication — is charted for the firm and the startup also provides tools for customer support. Singapore-headquartered Parcel Perform, which connects merchants with e-commerce carriers and provides shipment tracking features, said on Wednesday it has raised $20 million in a new financing round as it scales its business in several parts of the world.
Fundz sees it the moment Parcel Perform raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
SingaporeInformation TechnologyCommerce and ShoppingHardwareSoftwareInternet Servicesinformation technology & services