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Point Pickup Raises $30M to Meet Growing Demand for Enterprise eCommerce Final-Mile Delivery

PRIVATEOct 08, 2020

Amount Raised

$30 Million

Round Type

Funding Round

StamfordInformation Technology

Description

 Point Pickup Technologies, the company that has successfully reinvented the final-mile delivery model for many of the US's top eCommerce enterprises, has today raised $30M from BBH Capital Partners. This Series A investment joins previous seed rounds from private investors and CT Innovations, a venture capital group that supports innovation and startups in the state of Connecticut.

Company Information

Company

Point Pickup Technologies, Inc.

Location

333 Ludlow Street

Stamford, Connecticut, United States

About

Point Pickup (PPUP), an enterprise same-day delivery solutions company, brings precision technology to final-mile delivery with a highly specialized and scalable solution that is being used by many of the country's largest retailers. The technology platform, along with Point Pickup's Driver Match Networks, solves the greatest challenges of the growing same-day delivery market. Point Pickup is the only platform offering pre-scheduled deliveries with favorite drivers while accommodating on-demand requests. PPUP's data-driven platform saves time and money, while maximizing performance, by offering sophisticated matching criteria, optimized routing, selective drivers and an API that easily integrates with e-commerce systems. For more information, visit http://www.pointpickup.com or find us on Twitter, LinkedIn, Facebook and Instagram.

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Point Pickup Technologies, Inc. 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 FundzWatch™ for automated website change detection, 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.