PT Paxel Algorita Unggul

Founded in 2017 and headquartered in Jakarta, Indonesia, PT Paxel Algorita Unggul specializes in logistics and delivery solutions. The company has undergone strategic pivots to enhance its service offerings but has not reported any major structural changes. The founders, Johari Zein and Zaldy Masita, have a background that supports their venture in logistics.Paxel provides a range of technology-based logistics services, including Same Day Delivery, Next Day Delivery, and Regular Delivery. Its specialized solutions cater to various customer needs, such as PaxelBig for large parcels and PaxelAmplop for lightweight items, with the latter offering flat-rate shipping for IDR 10,000.Paxel generates revenue through a structured transaction model involving direct consumer sales and business partnerships. Customers are charged based on service type and package specifications. The pricing structure varies by urgency and size, supporting efficient logistics and delivery services.73 mn, PT Paxel Algorita Unggul plans to expand its coverage outside Java Island and enhance its cold chain capabilities. The company is focused on developing new products and services to meet growing logistic demands, although specific launch dates for these initiatives have not been disclosed.

1. Series C

   May 13, 2022

   Amount

   $23M

   Investors

   Locked

2. Series B

   Feb 25, 2022

   Amount

   $9.4M

   Investors

   Locked

3. Series A

   Oct 9, 2020

   Amount

   $7.8M

   Investors

   Locked

4. Series A

   Jul 22, 2020

   Amount

   $11M

   Investors

   Locked

5. Series A

   Dec 3, 2019

   Amount

   $7.5M

   Investors

   Locked