Packfleet Raises £8M in Series A Funding

Packfleet

Packfleet, a London, UK-based tech-enabled carbon-neutral courier, raised £8M ($10M) in Series A funding.

The round was led by General Catalyst and Voyager Ventures, with participation from Creandum, Entree Capital and Founder Collective. 

Led by Tristan Thomas, CEO and Founder, Packfleet is a tech-enabled carbon-neutral courier that’s working for ecommerce delivery. Since launch in 2021, the B Corp certified courier has grown to more than 35 HQ employees, and now its 100+ drivers deliver for hundreds of businesses, including consumer brands Who Gives A Crap, Pizza Pilgrims and HURR.

The company intends to use the funds to further enhance its presence in the London delivery market and support the development of Pathfinder, its proprietary routing software.

Commenting on the news, Tristan Thomas said: “We’re delighted with the fundraise, and to be continuing our close work with General Catalyst. I’m also very excited to be welcoming Voyager on board, bringing their deep climate expertise to the world of logistics.

FinSMEs

13/03/2024