# Paack Logistics Iberia, S.L.U.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/paack-logistics-iberia-s-l-u

- Industry: Consumer Services
- Headquarters: Barcelona, Spain
- Website: www.paack.co
- Total disclosed funding: $307M
- Latest round: Series D (Jan 26, 2022)
- Investors on record: 17

## About

Paack Logistics Iberia, S.L.U. is a Spain-based logistics company specializing in efficient parcel delivery and last-mile solutions to enhance operational convenience for businesses.Founded in 2015, Paack Logistics Iberia, S.L.U. operates from its headquarters in Barcelona, Spain. The company focuses on innovative logistics services and has successfully closed 12 deals. The CEO and co-founder is Fernando Galobart, who, along with Lungi Mlotshwa and Xavier Cavero, established the firm to modernize delivery solutions. On February 9, 2024, Paack raised EUR 10 million in venture funding from Instituto de Crédito Oficial, bringing the total amount raised to EUR 10 million.Paack offers a comprehensive suite of logistics solutions primarily focused on parcel delivery and last-mile services. Their core offerings include Next Day, Same Day, Chosen Day, and Immediate Delivery options, alongside specialized services for temperature-controlled deliveries and returns management. These services ensure customer satisfaction and allow businesses to tailor delivery times to fit their needs. Paack's client base spans various sectors, including e-commerce, retail, and food delivery, with partnerships including major brands like Sephora and ToysRus. Their services are available across multiple European markets, addressing the growing demand for flexible delivery options.Paack generates revenue through direct transactions with clients, primarily on a business-to-business (B2B) model. The pricing structure is based on service type, delivery speed, and distance, allowing for tailored logistics solutions. Revenue is further enhanced by partnerships with retailers and e-commerce platforms, offering integrated delivery solutions that include real-time tracking and customer support. In the most recent year, Paack reported an EBITDA of EUR -2,036,402.20.In February 2024, Paack Logistics Iberia, S.L.U. raised EUR 10 million in funding to support expansion and enhance its technology. The company plans to develop new logistics products and expand into additional European markets. Specific targeted regions for expansion are under consideration, aiming for implementation in the near future.

## Funding rounds

- Series D, Jan 26, 2022, $225M — InfraVia Capital Partners, Endeavor Catalyst, Kibo Ventures, Big Sur Ventures, SB Investment Advisers, Castel Capital, Fuse Venture Partners, RPS Ventures, Rider Global, Unbound, First Bridge Ventures
- Series C, Nov 16, 2020, $53M — Bregal Milestone, Fuse Venture Partners, RPS Ventures, Rider Global, Unbound
- Series B, Jul 15, 2020, $20M — Kibo Ventures, Fundación de la Innovación Bankinter, Castel Capital, Bonsai Partners, RPS Ventures, Rider Global, Unbound
- Series A, May 18, 2018, $7.1M — Bankinter Capital Riesgo, Kibo Ventures, Big Sur Ventures, FJ Labs, Castel Capital
- Seed, Jun 14, 2017, $2M — Bonsai Venture Capital, Big Sur Ventures

## Investors

- Bonsai Venture Capital (https://capitalatlas.ai/funds/bonsai-venture-capital) — Seed
- Big Sur Ventures (https://capitalatlas.ai/funds/big-sur-ventures) — Seed, Series A, Series D
- Bankinter Capital Riesgo — Series A
- Kibo Ventures (https://capitalatlas.ai/funds/kibo-ventures) — Series A, Series B, Series D
- FJ Labs (https://capitalatlas.ai/funds/fj-labs) — Series A
- Castel Capital (https://capitalatlas.ai/funds/castel-capital) — Series A, Series B, Series D
- Fundación de la Innovación Bankinter — Series B
- Bonsai Partners (https://capitalatlas.ai/funds/bonsai-partners) — Series B
- RPS Ventures (https://capitalatlas.ai/funds/rps-ventures) — Series B, Series C, Series D
- Rider Global — Series B, Series C, Series D
- Unbound (https://capitalatlas.ai/funds/unbound) — Series B, Series C, Series D
- Bregal Milestone (https://capitalatlas.ai/funds/bregal-milestone) — Series C
- Fuse Venture Partners (https://capitalatlas.ai/funds/fuse-venture-partners) — Series C, Series D
- InfraVia Capital Partners (https://capitalatlas.ai/funds/infravia-capital-partners) — Series D
- Endeavor Catalyst (https://capitalatlas.ai/funds/endeavor-catalyst) — Series D
- SB Investment Advisers (https://capitalatlas.ai/funds/sb-investment-advisers) — Series D
- First Bridge Ventures (https://capitalatlas.ai/funds/first-bridge-ventures) — Series D