# Parcel Perform Pte.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/parcel-perform-pte

- Industry: Software
- Headquarters: Singapore, Singapore
- Website: www.parcelperform.com
- Total disclosed funding: $17M
- Latest round: Series A (Aug 11, 2021)
- Investors on record: 12

## About

Founded in 2016 and based in Singapore, Singapore, Parcel Perform Pte. Ltd. develops a Saas-based B2B parcel tracking platform that provides comprehensive, standardized delivery information and streamlined logistics data. As of August 2021, the company executes over 100M parcel updates daily and integrates with 700+ carriers. In August 2021, Parcel Performn received USD 20 million in Aeries A funding from Cambridge Capital, SoftBank Ventures Asia, Wavemaker Partners, and Investible.  

The company operates a delivery experience platform that offers parcel tracking services for e-commerce businesses that enable online merchants to manage and track deliveries. The platform also offers Parcel Monitor, a tracking platform that provides delivery updates to end-consumers.

Parcel Perform Pte. Ltd. will use the August 2021 funding to establish a regional headquarters in North America and grow to 150 employees globally by the end of the year. The company also uses the funding to build out its technology offerings and invest further in artificial intelligence (AI) solutions, including scaling its proprietary date of arrival prediction engine which allows customers to know when their parcels will arrive.

## Funding rounds

- Series A, Aug 11, 2021, $15M — Wavemaker Partners, 500 Global, Acequia Capital, SBVA, Cambridge Capital, Bansea, Investible, Angel Central Syndicate, Readymix Holdings
- Seed, Sep 1, 2019 — Investible
- Seed, Jul 3, 2018, $1.9M — Ashoka, Wavemaker Partners, 500 Global, Acequia Capital, Silicon Straits, Bansea, Investigate Network Capital, Readymix Holdings

## Investors

- Ashoka — Seed
- Wavemaker Partners (https://capitalatlas.ai/funds/wavemaker-partners) — Seed, Series A
- 500 Global (https://capitalatlas.ai/funds/500-global) — Seed, Series A
- Acequia Capital (https://capitalatlas.ai/funds/acequia-capital) — Seed, Series A
- Silicon Straits (https://capitalatlas.ai/funds/silicon-straits) — Seed
- Bansea — Seed, Series A
- Investigate Network Capital — Seed
- Readymix Holdings — Seed, Series A
- Investible (https://capitalatlas.ai/funds/investible) — Seed, Series A
- SBVA (https://capitalatlas.ai/funds/sbva) — Series A
- Cambridge Capital (https://capitalatlas.ai/funds/cambridge-capital) — Series A
- Angel Central Syndicate (https://capitalatlas.ai/funds/angel-central-syndicate) — Series A