Point Pickup Technologies
Latest round
- Series A
Last raised
- Oct 2020
Total raised
- $30M
Investors
- 2
About Point Pickup Technologies
Point Pickup Technologies, Inc.Founded in 2015 and headquartered in Greenwich, US, Point Pickup Technologies, Inc. specializes in delivery solutions. The company recently merged with PICKUP NOW, Inc. in July 2023. Tom Fiorita serves as both CEO and Founder, and has a history in the logistics sector.Point Pickup specializes in middle-mile and last-mile same-day delivery solutions, catering primarily to retailers across the United States. The company's core offerings enable retailers to manage the entire customer experience from purchase to doorstep, ensuring same-day fulfillment and delivery in all 50 states. Their client web interface allows for large-scale eCommerce order management, including tracking and reporting, while their Flex Worker App provides gig workers with a platform to receive customized delivery instructions. By focusing on real-time monitoring and predictive technology, Point Pickup aims to increase customer satisfaction and streamline the fulfillment process for retailers.Point Pickup generates revenue through partnerships with retailers, utilizing a transaction-based model for its fulfillment and delivery services. Retailers can integrate Point Pickup's solutions into their existing eCommerce platforms, creating a seamless customer journey from online purchasing to delivery. This collaboration may involve various pricing structures, where retailers pay for the logistics services based on order volume and delivery frequency. The firm facilitates direct transactions between retailers and their customers, while also engaging a network of Flex Workers who earn income by fulfilling delivery tasks.The recent merger enables the combined entity to provide last-mile delivery, serving a diverse range of industries, including retail, grocery, e-commerce, furniture, and home improvement. In the near future, Point Pickup plans to expand into new markets while also enhancing their existing product offerings.
Who invested in Point Pickup Technologies
2 investors across 1 round
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Funding rounds
Series A
Oct 8, 2020
Amount
$30M
Investors
Questions about Point Pickup Technologies
Who invested in Point Pickup Technologies?
Point Pickup Technologies has 2 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Point Pickup Technologies raised?
Point Pickup Technologies has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Point Pickup Technologies last raise money?
Point Pickup Technologies's most recent round on record is a Series A, in Oct 2020.
What does Point Pickup Technologies do?
Point Pickup Technologies, Inc.
Where is Point Pickup Technologies headquartered?
Point Pickup Technologies is headquartered in Greenwich, US.
Which VCs invest in companies like Point Pickup Technologies?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back internet companies at Point Pickup Technologies's stage. Their profiles are linked below.
VCs backing internet startups at Series A
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