# Paccurate

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

- Industry: Software
- Headquarters: Wilmington, US
- Website: www.paccurate.io
- Total disclosed funding: $14M
- Latest round: Series A (Oct 22, 2024)
- Investors on record: 10

## About

Founded in 2009 and based in New York, US, Paccurate, Inc. is a logistics technology company that develops packing and customization API solutions designed to help businesses in the shipping industry take control of their packing activities. James Malley (CEO) and Patrick Powers are the co-founders of the company. In May 2022, Paccurate, Inc. raised USD 2.2 million in Seed funding from FirstMile Ventures, Springtime Ventures, and Grand Ventures.

The company provides a solution which is based on a combination of AI-powered carton selection algorithm and costing logic, which helps reduce shipping costs and fulfilment speed while reducing waste. The firm also enables its clients to obtain an advanced and flexible cost-aware customization API that is publicly available for logistics management.

The organization plans to use the May 2022 funding to enhance its potential to lower carbon emissions and costs in supply chains.

## Funding rounds

- Series A, Oct 22, 2024, $8.1M — Hyde Park Angels, Tech Square Ventures, High Alpha, Royal Street Ventures, Grand Ventures, Springtime Ventures, Las Olas Venture Capital
- Seed, Aug 10, 2023, $3.5M — Cannell Capital, Tech Square Ventures, FirstMile Ventures, Royal Street Ventures, Grand Ventures, Springtime Ventures, Las Olas Capital Advisors
- Seed, May 3, 2022, $2.2M — FirstMile Ventures, Grand Ventures, Springtime Ventures

## Investors

- FirstMile Ventures (https://capitalatlas.ai/funds/firstmile-ventures) — Seed
- Grand Ventures — Seed, Series A
- Springtime Ventures (https://capitalatlas.ai/funds/springtime-ventures) — Seed, Series A
- Cannell Capital (https://capitalatlas.ai/funds/cannell-capital) — Seed
- Tech Square Ventures (https://capitalatlas.ai/funds/tech-square-ventures) — Seed, Series A
- Royal Street Ventures (https://capitalatlas.ai/funds/royal-street-ventures) — Seed, Series A
- Las Olas Capital Advisors (https://capitalatlas.ai/funds/las-olas-capital-advisors) — Seed
- Hyde Park Angels (https://capitalatlas.ai/funds/hyde-park-angels) — Series A
- High Alpha (https://capitalatlas.ai/funds/high-alpha) — Series A
- Las Olas Venture Capital — Series A
