Pacejet Logistics
Latest round
- Series D
Last raised
- Nov 2017
Total raised
- $7.7M
Investors
- 2
About Pacejet Logistics
Pacejet Logistics, Inc.Founded in 2003 and headquartered in Columbus, US, Pacejet Logistics, Inc. provides a sophisticated shipping software solution designed to streamline logistics operations., a portfolio company of Sumeru Equity Partners, from Plymouth Growth Partners.'s strategy to expand its customer base. Larry Deleon is the founder of the company, with Bill Knapp serving as CEO.Descartes Pacejet offers an ERP-integrated multi-carrier shipping software designed to streamline logistics operations for businesses managing LTL freight, parcel shipments, and wholesale distributions. The software's core functions include optimizing shipping processes with tools for quoting and packing, alongside Smart Predictive Packing algorithms for cost estimation, and an Address Validation module to minimize errors.Descartes Pacejet generates revenue through a subscription-based model, engaging clients in annual or multi-year contracts that provide access to its shipping software solutions. The revenue stems from B2B partnerships with retailers and wholesalers, as well as direct service provisions to enterprises needing logistics management. The software’s functionality, including rate shopping features and compliance tools, enhances its value to clients, justifying the associated costs.Pacejet Logistics, Inc. is focused on expanding its product offerings and geographic reach. The company plans to develop new products designed to enhance shipping efficiency and is targeting expansion into additional markets within North America and Europe. Following its acquisition by 3GTMS, Inc. in February 2020, Pacejet aims to leverage the resources and expertise of its new parent company to broaden its customer base and enhance service offerings.
Who invested in Pacejet Logistics
2 investors across 2 rounds
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Questions about Pacejet Logistics
Who invested in Pacejet Logistics?
Pacejet Logistics has 2 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 Pacejet Logistics raised?
Pacejet Logistics has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Pacejet Logistics last raise money?
Pacejet Logistics's most recent round on record is a Series D, in Nov 2017.
What does Pacejet Logistics do?
Pacejet Logistics is a software company.
Where is Pacejet Logistics headquartered?
Pacejet Logistics is headquartered in Columbus, US.
Which VCs invest in companies like Pacejet Logistics?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Pacejet Logistics's stage. Their profiles are linked below.
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