Parcelport

company

About

Parcelport is the largest courier company in New Zealand by vehicle number without owning any vehicle.

  • 11 - 50

Details

Last Funding Type
Convertable Note
Last Funding Money Raised
$600K
Industries
Courier Service,E-Commerce,Logistics,Payments
Founded date
Apr 30, 2012
Number Of Employee
11 - 50
Operating Status
Active

Parcelport is the largest courier company in New Zealand by vehicle number without owning any vehicle.

As online shopping continue to grow, fulfillment remains the last major hurdle for ecommerce businesses to overcome.

A typical ecommerce business sells on multiple channels and ships using multiple courier companies, as you can imagine it can be a very messy and manual process involving multiple platform and courier accounts.

Parcelport sits in the middle of this eco system, aggregating all these sales channels and delivery channels, this means no more buying prepaid courier tickets and manually writing the address and recording the tracking information. You can print courier tickets on demand, managing dispatching and tracking in one account in one streamline and automated process, the end result, it saves money and significant amount of time in manual processing of the customer orders. This also eliminate many human errors that comes with the manual process. It also use data analytics to help business make informed decisions.

Parcelport will also be rolling out a number of post shops throughout the country, providing better coverage in terms of locations and opening hours, this also created opportunities for store owners to generate extra revenue from their existing stores and customer base, we can also help drive foot traffic into the stores.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
$600K
Parcelport has raised a total of $600K in funding over 2 rounds. Their latest funding was raised on May 4, 2019 from a Convertable Note round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
May 4, 2019 Convertable Note $600K 1 Detail

Investors

Number of Lead Investors
Number of Investors
1
Parcelport is funded by 1 investors. AngelHQ are the most recent investors.
Investor Name Lead Investor Funding Round
AngelHQ Convertable Note