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Parcel has raised $4.0M across 2 funding rounds.
Key people at Parcel.
Parcel has raised $4.0M in total across 2 funding rounds.
Parcel provides last-mile delivery services for e-commerce, primarily in urban areas. Its proprietary technology platform manages flexible delivery options, including same-day, evening, and weekend schedules. This system provides retailers and customers live tracking and personalized updates, ensuring comprehensive visibility. Parcel's operational model emphasizes an employee workforce for consistent service quality.
Jesse Kaplan founded Parcel in Brooklyn in 2013, observing inefficiencies in urban e-commerce fulfillment. He recognized the need for adaptable, transparent delivery solutions for city residents. Kaplan's insight focused on improving the customer experience through superior flexibility and real-time package transit information.
Online retailers are Parcel's key customers, leveraging its service to differentiate offerings and meet demands for fast, convenient delivery. Providing flexible options and constant communication, the company boosts customer satisfaction and loyalty. Parcel aims to position advanced last-mile logistics as a crucial competitive advantage for e-commerce, optimizing interactions.
Parcel has raised $4.0M across 2 funding rounds. Most recently, it raised $3.0M Seed in June 2022.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jun 1, 2022 | $3M Seed | Framework Ventures | Dragonfly Capital, Factor Capital, Makers Fund, Pantera Capital, ParaFi Capital, Pareto Holdings, Pioneer Fund, Aleksander Leonard Larsen, Stani Kulechov, Tyler Scott Ward, Zhen CAO, Aaron W., Santiago R., Sebastien Borget, AppWorks, AVIV Group, Blizzard Fund, DAN Wenhold, Great Oaks Venture Capital, Serafund | Announced |
| Sep 1, 2014 | $1M Seed | — | Adeyemi Ajao, Bridge Angel Investors, CapitalG, FF Venture Capital, Fifth Wall, Founders Co OP, Great Oaks Venture Capital, Interplay Ventures, Listen, Madrona Venture Group, Outlander Labs, Peterson Partners, Prefix Capital, Primetime Partners, RED Swan Ventures, Slow Ventures, Techstars, Torch Capital, Rudy Gadre | Announced |
United Parcel Service (UPS), commonly known as UPS, is the world’s premier package delivery company and a leading global supply chain management provider, operating in over 220 countries and territories.[3] It delivers an average of 22.4 million packages daily, totaling 5.7 billion in 2024, with $91.1 billion in revenue, focusing on package delivery, supply chain solutions, freight services, and contract logistics.[3][1] UPS's mission centers on enabling global commerce through innovative logistics, emphasizing customer-first service, people-led operations, and innovation-driven strategies, while prioritizing high-value segments like healthcare and sustainability.[1][3]
Parcel is not a distinct startup or investment firm but aligns most closely with UPS, a logistics giant serving businesses and consumers worldwide by solving transportation, distribution, and supply chain challenges.[3] Its growth momentum is evident in technology investments for efficiency and a vast network including one of the largest airlines and alternative fuel fleets.[3]
UPS traces its roots to 1907, when founders James E. Casey and Claude Ryan started as bicycle messengers in Seattle, initially called American Messenger Company, evolving into a package delivery service amid rising demand from just-in-time manufacturing and e-commerce in the 1990s.[9][3] Key milestones include expanding into air cargo, building one of the largest global fleets, and shifting focus to comprehensive supply chain solutions beyond mere delivery.[1][3] Pivotal moments, like heavy 2024 tech investments, solidified its role in global trade, adapting to e-commerce booms and competitive carrier growth.[1][9]
UPS rides the e-commerce and supply chain digitization megatrend, fueled by online shopping surges, just-in-time manufacturing, and global trade demands, which have exponentially increased parcel volumes since the 1990s.[9] Timing is ideal amid supply chain diversification, post-pandemic resilience needs, and growth in sectors like life sciences, new energy, and healthcare—mirroring strategies of peers like DHL.[7][9] Market forces favoring UPS include carrier competition, digital platforms for tracking, and sustainability pressures, positioning it to influence ecosystem efficiency by enabling trade, reducing waste, and supporting economic prosperity for billions.[7][3] As a logistics backbone, it shapes tech adoption in AI-driven routing, alternative fuels, and integrated networks.
UPS is poised to expand in high-growth areas like healthcare logistics, international e-commerce, and sustainable transport, leveraging its scale for AI-enhanced efficiency and yield optimization.[1][7] Trends like supply chain automation, electrification, and geopolitical diversification will propel it toward higher margins and top-line growth, potentially exceeding recent $91B revenue benchmarks. Its influence may evolve from pure deliverer to indispensable digital logistics orchestrator, solidifying dominance in a $2T+ global market—echoing its century-long adaptation from messengers to commerce enablers.[3][9]
Key people at Parcel.
Parcel has raised $4.0M in total across 2 funding rounds.
Parcel's investors include Framework Ventures, Dragonfly Capital Partners, Factor Capital, Makers Fund, Pantera Capital, ParaFi Capital, Pareto Holdings, Pioneer Fund, Aleksander Leonard Larsen, Stani Kulechov, Tyler Scott Ward, Zhen Cao.
