# Pipedream Labs

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/pipedream-labs

- Industry: Logistics & Distribution
- Headquarters: Austin, US
- Website: www.pipedreamlabs.co
- Total disclosed funding: $13M
- Latest round: Seed (Apr 23, 2024)
- Investors on record: 3

## About

Based in Texas, US, and founded in 2020, Pipedream Labs, Inc operates as a logistics company that operates a vast network of underground tubes that allows the delivery of objects to and from residential and commercial locations. In June 2021, Pipedream Labs, LLC raised USD 1.6 million in pre-seed funding from Cortado Ventures. In April 2024, Pipedream Labs, Inc. raised USD 13 million in seed funding co-led by Cortado Ventures, Myelin VC, and Starship Ventures.

Pipedream Labs, Inc is a hyper logistics company that provides an underground delivery network designed to transport objects efficiently between homes and businesses. The company develops hyper logistics networks, that enable smooth and rapid underground transportation of physical goods, resulting in faster and more cost-effective deliveries for users.

## Funding rounds

- Seed, Apr 23, 2024, $13M — Starship Ventures, Cortado Ventures, Myelin VC

## Investors

- Starship Ventures (https://capitalatlas.ai/funds/starship-ventures) — Seed
- Cortado Ventures (https://capitalatlas.ai/funds/cortado-ventures) — Seed
- Myelin VC (https://capitalatlas.ai/funds/myelin-vc) — Seed