Packmatic

PackagingSeries ABerlin, Germanypackmatic.io

Latest round

Series A

Last raised

Nov 2023

Total raised

$16M

Investors

11

About Packmatic

Packmatic GmbH, founded in 2021 in Berlin, Germany, focuses on enhancing packaging procurement processes.Packmatic specializes in optimizing packaging procurement through a sophisticated platform that connects businesses with the most suitable suppliers. Their core offerings include a comprehensive database for supplier matching based on specific packaging requirements, allowing clients to reduce costs by an average of 16%. Services also involve consulting and technical specification support from experienced packaging engineers, ensuring tailored solutions for diverse industries such as e-commerce, food and beverage, cosmetics, and pet food.Packmatic generates revenue through a business-to-business (B2B) model that streamlines the packaging sourcing process. Clients engage in structured transactions starting with a kickoff call to outline packaging needs, followed by a supplier matching process that leads to tailored offers. The company operates on a project basis, with clients paying for consulting and matching services, along with implementation support fees based on project complexity.

Who invested in Packmatic

11 investors across 2 rounds

See all investors in Packmatic

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Funding rounds

  1. Series A

    Nov 22, 2023

    Amount

    $16M

    Investors

    Locked

  2. Seed

    Sep 12, 2021

    Amount

    Undisclosed

    Investors

    Locked

Questions about Packmatic

Who invested in Packmatic?

Packmatic has 11 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 Packmatic raised?

Packmatic has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Packmatic last raise money?

Packmatic's most recent round on record is a Series A, in Nov 2023.

What does Packmatic do?

Packmatic GmbH, founded in 2021 in Berlin, Germany, focuses on enhancing packaging procurement processes.

Where is Packmatic headquartered?

Packmatic is headquartered in Berlin, Germany.

Which VCs invest in companies like Packmatic?

Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Highland Europe back packaging companies at Packmatic's stage. Their profiles are linked below.

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