# Packlink

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

- Industry: Internet
- Headquarters: Madrid, Spain
- Website: www.packlink.com
- Total disclosed funding: $22M
- Latest round: Series C (Sep 15, 2015)
- Investors on record: 3

## About

Packlink is a logistics company specializing in online parcel shipping solutions, allowing users to compare and select courier services effortlessly from a variety of carriers.Founded in 2012 in Madrid, Spain, Packlink offers a platform that simplifies the shipping process for consumers and businesses. The company was acquired by Auctane in December 2021 from ACTIVE Venture Partners, Accel, and Eight Roads Ventures for an undisclosed amount. Javier Bravo founded Packlink and has a background in establishing digital solutions. Packlink has successfully completed five funding deals, with the latest round being a Series C, raising USD 12.60 mn led by Eight Roads Ventures, Accel, and Active Venture Partners.Packlink provides an online platform that enables users to compare shipping rates and services from various courier companies without prior registration. It features an easy-to-use interface for entering shipment details, processing payments, and preparing packages. The service caters to individual consumers and businesses across multiple regions including the UK, Spain, France, Italy, and the USA, facilitating both domestic and international shipments. Packlink PRO is an extension designed for e-commerce businesses, allowing seamless integration of online stores with shipping logistics management.In the most recent financial year of 2022, Packlink reported a revenue of USD 172.14 mn and an EBITDA of USD 3.33 mn, generated through direct-to-consumer sales for shipping services.Following its acquisition by Auctane, Packlink is focused on expanding its service offerings across Europe. The recent funding from the Series C round will be utilized to enhance its platform and develop new products aimed at improving user experience. While specific new product launches are not detailed, the strategic growth plans indicate a clear intention to penetrate additional markets and enhance logistics capabilities.

## Funding rounds

- Series C, Sep 15, 2015, $13M — Accel, Active Venture Partners, Eight Roads Ventures
- Series B, Jun 4, 2014, $9M — Accel, Active Venture Partners

## Investors

- Accel (https://capitalatlas.ai/funds/accel) — Series B, Series C
- Active Venture Partners (https://capitalatlas.ai/funds/active-venture-partners) — Series B, Series C
- Eight Roads Ventures (https://capitalatlas.ai/funds/eight-roads-ventures) — Series C