# ePallet

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/epallet

- Industry: Internet
- Headquarters: Agoura Hills, US
- Website: https://epallet.com/
- Total disclosed funding: $4.4M
- Latest round: Seed (Mar 15, 2023)
- Investors on record: 5

## About

ePallet, Inc. is an innovative e-commerce platform that connects suppliers and retailers in the food and beverage industry, facilitating bulk purchasing and optimizing supply chain operations.Founded in 2017 by James Kwon and Paul Fiore, ePallet, Inc. operates from Agoura Hills, US. The company offers an online marketplace for businesses to procure bulk products. In March 2023, they raised USD 4.38 mn in SEED funding led by Bowery Capital and have raised a total of USD 4.38 mn to date. The latest funding will support further product development and market expansion.ePallet specializes in providing a comprehensive e-commerce platform that connects suppliers and retailers within the food and beverage distribution sector. The core offerings include bulk purchasing of various products such as snacks, beverages, and packaged goods, which are available for wholesale distribution. By leveraging an online marketplace model, ePallet addresses inefficiencies in traditional supply chains, offering streamlined access to inventory for businesses. Their platform aims to simplify the procurement process for small to medium-sized businesses, allowing them to access a broader range of products at competitive prices. ePallet primarily serves customers in the United States, facilitating transactions for a diverse client base that includes retailers, restaurants, and grocery stores seeking to optimize their supply chains and reduce operational costs.ePallet generates revenue through transactions facilitated on its online platform, where businesses purchase bulk quantities of products directly from suppliers. The transaction structure operates on a B2B model, where clients engage in wholesale purchases, often through membership or subscription plans that provide access to exclusive deals and pricing. Revenue is derived from a combination of product sales and potential service fees associated with these transactions. The platform’s flagship offerings include high-demand categories like organic snacks and beverages, which are priced competitively to attract a range of retailers. This model fosters long-term partnerships and repeat business, as clients benefit from the convenience and efficiency of the ePallet marketplace.In March 2023, ePallet, Inc. raised USD 4.38 mn in SEED funding to support its strategy for expanding its product line and entering new markets. The company plans to enhance its platform by launching new features aimed at improving user experience and operational efficiency. Additionally, ePallet targets expansion into international markets, with a focus on Canada and Mexico, expected by the end of 2024, leveraging the recent funding to bolster these initiatives.

## Funding rounds

- Seed, Mar 15, 2023, $4.4M — I2BF, Bowery Capital, C2 Ventures, SilverCircle, Junction Venture Partners

## Investors

- I2BF (https://capitalatlas.ai/funds/i2bf) — Seed
- Bowery Capital (https://capitalatlas.ai/funds/bowery-capital) — Seed
- C2 Ventures (https://capitalatlas.ai/funds/c2-ventures) — Seed
- SilverCircle (https://capitalatlas.ai/funds/silvercircle) — Seed
- Junction Venture Partners (https://capitalatlas.ai/funds/junction-venture-partners) — Seed