# Pakd

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

- Industry: Logistics & Distribution
- Headquarters: Chicago, US
- Website: www.getwiseapple.com
- Total disclosed funding: $3.6M
- Latest round: Seed (Aug 29, 2017)
- Investors on record: 6

## About

Pakd, Inc. is an innovative technology company focused on enhancing digital safety through advanced mobile tracking applications. Their solutions cater to a wide array of users including parents and employers, ensuring the safety of individuals in their care.Founded in 2015, Pakd, Inc. is based in Chicago, US. The company specializes in mobile phone tracking technology, providing applications that monitor the location and activities of smartphones and tablets. Notably, the company has successfully completed 2 funding deals, with the most recent deal occurring on August 29, 2017, during a Seed round where they raised a total of USD 3.6 mn from investors including Levy Family Partners, Pritzker Group Venture Capital, and Chicago Ventures. The CEO of the company is Rebecca Sholiton, who co-founded Pakd along with Kara O'Dempsey.Pakd, Inc. offers mobile tracking applications designed to monitor the location and activities of smartphones and tablets. Their core products are aimed at various use cases, including parental control, theft protection, and discreet monitoring of loved ones. Users can track real-time locations, set geo-fencing alerts, and access call logs and text message histories. The solutions are primarily marketed in the US, with a focus on expanding into international markets as smartphone usage continues to grow globally.Pakd, Inc. operates on a subscription-based revenue model, offering clients various pricing plans tailored to their needs. The applications come with a free trial period, after which users transition to a premium subscription model starting at USD 9.20 per month. This structured approach ensures ongoing revenue through monthly renewals as the company’s offerings are positioned to serve both individual consumers and businesses.Pakd, Inc. is exploring new product developments aimed at enhancing their tracking technology, with specific details on upcoming launches yet to be disclosed. The company is also targeting expansion into additional international markets to increase its customer base. The USD 3.6 mn raised in the most recent Seed funding round will support these growth initiatives, allowing for further development of their applications and marketing efforts to reach new users.

## Funding rounds

- Seed, Aug 29, 2017, $3.6M — Pritzker Group Venture Capital, Greycroft, Chicago Ventures, BoxGroup, IrishAngels, Levy Family Partners

## Investors

- Pritzker Group Venture Capital (https://capitalatlas.ai/funds/pritzker-group-venture-capital) — Seed
- Greycroft (https://capitalatlas.ai/funds/greycroft) — Seed
- Chicago Ventures (https://capitalatlas.ai/funds/chicago-ventures) — Seed
- BoxGroup (https://capitalatlas.ai/funds/boxgroup) — Seed
- IrishAngels (https://capitalatlas.ai/funds/irishangels) — Seed
- Levy Family Partners — Seed