Paack

company

About

The most advanced tech-enabled delivery solution ensuring the best-in-class sustainable delivery experience.

Details

Last Funding Type
Series A
Last Funding Money Raised
$6M
Industries
Delivery,Delivery Service,E-Commerce,Logistics,Retail,Same Day Delivery
Founded date
Dec 1, 2015
Number Of Employee
501 - 1000
Operating Status
Active
Legal Name
Paack SPV Investments, SL

Paack is focused on providing an efficient, sustainable, adaptable and quality delivery experience to its customers. The company has a clear vision; to lead sustainable eCommerce deliveries in Europe.

To accomplish this, Paack counts with an in-house technology platform, built by its team of more than 120 engineers, that allows for the automation, robotisation, and optimisation of processes, achieving maximum efficiency throughout its operational chain. As a result, Paack has a 96% success rate on first delivery attempt, travelling less to deliver more, which in turn, reduces its carbon emissions.

Indeed, Paack is a delivery solution that combines the needs of the customer with the needs of the planet. To reach its objective of being carbon net-zero by 2030, Paack puts emphasis on the E (Environment) of its ESG Strategy. By following four steps, the company, addresses its sustainability approach to the Planet; 1. Measure its environmental impact, 2. Reduce through decarbonization actions its carbon emissions, 3. Contribute to the environment by working with several partners, and 4. Report by keeping track of its progress through different reports following sustainability standards. For more information on Paack’s sustainability strategy, click here: https://paack.co/sustainability/

At present, Paack operates in Spain, The UK, France, Portugal, and Italy.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
8
$82.50M €200.03M
Paack has raised a total of $82.50M €200.03M in funding over 2 rounds. Their latest funding was raised on Jan 26, 2022 from a Series D round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jan 26, 2022 Series D €200M 13 SoftBank Vision Fund Detail
Nov 16, 2020 Series C $53M 5 Bregal Milestone Detail
Jul 15, 2019 Series B $20M 7 Unbound Detail
Jun 28, 2018 Series A $6M 6 Castel Capital
Kibo Ventures
Detail
Jun 14, 2017 Seed $2M 4 Big Sur Ventures Detail

Investors

Number of Lead Investors
Number of Investors
8
23
Paack is funded by 23 investors. SoftBank Vision Fund and Bregal Milestone are the most recent investors.
Investor Name Lead Investor Funding Round
SoftBank Vision Fund Yes Series D
Bregal Milestone Yes Series C
TURN8 Yes Pre-seed
Big Sur Ventures Series D
Bossanova Investimentos Series D
Castel Capital Series D
Endeavor Catalyst Series D
First Bridge Ventures Series D
Fuse Venture Partners Series D
Inaki Berenguer Series D

Employee Profiles

Number of Employee Profiles
6
Paack has 6 current employee profiles, including Employee Xavier Rosales Cavero