Paccurate
Assembly Line
Paccurate Raises $8.1M Series A to Lead the Future of Packing Intelligence for Retailers and Shippers
Paccurate, the packing intelligence platform for parcel shippers, announced the closing of an $8.1 million Series A funding. The round was led by High Alpha, with participation from Tech Square Ventures, Grand Ventures, HPA (Hyde Park Angels), Las Olas Venture Capital, Springtime Ventures and Royal Street Ventures.
As e-commerce continues to grow, and pressure mounts for companies to reduce shipping costs and hit environmental, social and governance (ESG) goals, Paccurate’s patented technology enables smarter packing decisions for businesses that both lower costs and enhance sustainability efforts. Using the packing intelligence platform, companies like Daily Harvest, Our Place and Barrett Distribution Centers have reduced Scope-3 emissions, seen up to a 15% reduction in shipping costs and cut corrugate usage by 14%.
Paccurate’s patented technology includes a lightweight API that suggests the optimal packing solution for every shipment. Shippers can also leverage PacSimulate, a powerful analysis tool that identifies ideal carton mixes or other packaging types, and measures the impact of changes to warehouse automation. The complete platform lowers shipping costs, reduces waste and ensures compliance with emerging regulatory requirements for packing efficiency.