# Perishable Shipping Solutions

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/perishable-shipping-solutions

- Industry: Consumer Services
- Headquarters: Youngstown, US
- Website: www.goperishable.com
- Total disclosed funding: $8.7M
- Latest round: Series A (Aug 19, 2020)
- Investors on record: 3

## About

Perishable Shipping Solutions LLC specializes in the logistics and cold storage of temperature-sensitive products, ensuring the efficient transportation and preservation of perishables throughout the supply chain.Founded in 2016 by Daniel Catullo and Ruben Garcia, Perishable Shipping Solutions LLC is headquartered in Youngstown, US. The company was acquired by Lineage Logistics, LLC on July 6, 2022. Under the leadership of CEO Mark Nelson, the firm has adapted its operational strategies to focus on cold supply chain solutions.Perishable Shipping Solutions LLC provides a broad array of cold storage warehousing and integrated logistics services tailored for temperature-controlled items. Their offerings include strategically located cold storage facilities, comprehensive transportation services, and advanced technologies designed to optimize the cold chain. The company ensures that perishable goods, including food products, remain fresh and efficiently delivered to a diverse clientele, which features food manufacturers and distributors across North America, Europe, and Asia.Perishable Shipping Solutions LLC generates revenue predominantly through B2B transactions, partnering with food manufacturers and distributors who depend on their cold storage and logistics capabilities. The company typically enters into service agreements that may involve long-term contracts for storage and transportation, establishing predictable revenue streams. Pricing is based on specific services, such as storage fees per pallet and transportation rates, contributing to a stable revenue model.Following its acquisition in July 2022, Perishable Shipping Solutions LLC is expected to leverage new resources for enhancing its product offerings and expanding its geographic presence. The recent funding from the Series A round, amounting to USD 8.70 mn, will support initiatives aimed at launching new cold chain solutions and facilitating entry into additional markets. The company is focusing on improving efficiency and expanding operations in key regions identified for growth.

## Funding rounds

- Series A, Aug 19, 2020, $8.7M — Grotech Ventures, SJF Ventures, Supply Chain Ventures

## Investors

- Grotech Ventures (https://capitalatlas.ai/funds/grotech-ventures) — Series A
- SJF Ventures (https://capitalatlas.ai/funds/sjf-ventures) — Series A
- Supply Chain Ventures (https://capitalatlas.ai/funds/supply-chain-ventures) — Series A