MagicPallet, Societe par Action Simplifiee

InternetSeries AMontpellier, Francemagicpallet.com

Latest round

Series A

Last raised

Nov 2020

Total raised

$2.5M

Investors

4

About MagicPallet, Societe par Action Simplifiee

Founded in 2018 and headquartered in Montpellier, France, MagicPallet focuses on improving pallet management through advanced logistics solutions.MagicPallet offers a comprehensive suite of services designed to optimize the reverse logistics of pallet management for businesses. The core products include a management tool for packaging data centralization, a pallet relocation service that facilitates the exchange of pallets among users, and a competitive procurement service that provides access to a wide range of pallets at reduced costs. These services aim to enhance operational efficiency, reduce environmental impact, and provide significant economic savings for clients, which include major retailers and logistics providers across various sectors. Customers benefit from features such as 100% traceability of pallet flows and stocks, substantial annual savings on packaging purchases, and minimized CO2 emissions by eliminating unnecessary transport of empty pallets.60 for the same year. The company generates revenue through its subscription-based model and service fees associated with its pallet relocation and procurement services. The company is working on new features and services aimed at improving client engagement and operational efficiency. Additionally, there are plans to target new markets across Europe, focusing on regions where demand for sustainable logistics solutions is rapidly growing.

Who invested in MagicPallet, Societe par Action Simplifiee

4 investors across 2 rounds

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Funding rounds

  1. Series A

    Nov 16, 2020

    Amount

    $0.8M

    Investors

    Locked

  2. Seed

    Sep 22, 2020

    Amount

    $1.7M

    Investors

    Locked

Questions about MagicPallet, Societe par Action Simplifiee

Who invested in MagicPallet, Societe par Action Simplifiee?

MagicPallet, Societe par Action Simplifiee has 4 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has MagicPallet, Societe par Action Simplifiee raised?

MagicPallet, Societe par Action Simplifiee has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did MagicPallet, Societe par Action Simplifiee last raise money?

MagicPallet, Societe par Action Simplifiee's most recent round on record is a Series A, in Nov 2020.

What does MagicPallet, Societe par Action Simplifiee do?

Founded in 2018 and headquartered in Montpellier, France, MagicPallet focuses on improving pallet management through advanced logistics solutions.

Where is MagicPallet, Societe par Action Simplifiee headquartered?

MagicPallet, Societe par Action Simplifiee is headquartered in Montpellier, France.

Which VCs invest in companies like MagicPallet, Societe par Action Simplifiee?

Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Highland Europe back internet companies at MagicPallet, Societe par Action Simplifiee's stage. Their profiles are linked below.

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