# parcelLab

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

- Industry: Software
- Headquarters: Munich, Germany
- Website: www.parcellab.com
- Total disclosed funding: $112M
- Latest round: Series C (May 11, 2021)
- Investors on record: 8

## About

Based in Munich, Germany, and founded in 2014, parcelLab GmbH is an operation experience management platform. Tobias Buxhoidt (CEO), Julian Krenge (CTO), and Anton Eder are the founders of parcelLab. In May 2021, parcelLab GmbH raised USD 112 million in series C funding led by new investor Insight Partners.

The platform’s technology automatically converts data accumulated at various points in the shipping process - such as fulfillment, shipment, delivery, returns processing, or in the case of repairs - into tailored, branded messaging, transforming parcel shipping into a true customer experience. The company’s platform provides features data intelligence, carrier integration, and system integration. It also offers features like webshop integrations, operations analytics, proactive communication, customer service, embedded content, returns, and life cycle.
  
The company plans to expand its technology and massively expand the team in order to strengthen existing international locations and open up additional markets.

## Funding rounds

- Series C, May 11, 2021, $112M — Insight Partners, Capnamic, Endeit Capital, Coparion
- Series B, Oct 8, 2019 — Capnamic, Coparion
- Series A, Jan 10, 2018 — Takkt, Coparion
- Seed, Aug 1, 2016 — Bayern Kapital, Hyperion Invest, 2U Consulting GmbH

## Investors

- Bayern Kapital (https://capitalatlas.ai/funds/bayern-kapital) — Seed
- Hyperion Invest (https://capitalatlas.ai/funds/hyperion-invest) — Seed
- 2U Consulting GmbH — Seed
- Takkt (https://capitalatlas.ai/funds/takkt) — Series A
- Coparion (https://capitalatlas.ai/funds/coparion) — Series A, Series B, Series C
- Capnamic (https://capitalatlas.ai/funds/capnamic) — Series B, Series C
- Insight Partners (https://capitalatlas.ai/funds/insight-partners) — Series C
- Endeit Capital (https://capitalatlas.ai/funds/endeit-capital) — Series C