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§ Private Profile · 1130 Performance Pl Youngstown, Ohio 44502, USA
Perishable Shipping Solutions is a technology company.
Perishable Shipping Solutions provides specialized e-commerce order fulfillment for temperature-sensitive products. The company develops logistical frameworks and precise processes for handling and timely delivery of frozen, refrigerated, and chocolate goods, ensuring product integrity from packaging through transit to the final recipient.
The company was founded on the insight that traditional shipping methods often failed to meet the stringent requirements of perishable goods. It originated to fill a critical gap in e-commerce logistics, established by individuals who recognized the growing demand for reliable, temperature-controlled supply chain solutions for online food retailers.
Their services cater primarily to online retailers and brands distributing products requiring strict temperature control. Perishable Shipping Solutions envisions a future where e-commerce for sensitive goods is seamless and accessible, enabling businesses to confidently expand their reach while maintaining product quality and customer satisfaction.
Perishable Shipping Solutions has raised $9.0M across 1 funding round.
Perishable Shipping Solutions has raised $9.0M in total across 1 funding round.
Perishable Shipping Solutions (PSS) is a logistics and eCommerce order fulfillment company specializing in perishable foods, such as frozen and refrigerated items, for B2C and B2B markets.[1][2][3] It offers pick-and-pack services, distribution, customer care, and order management via FedEx, with warehouses in Ohio and Nevada enabling 2-day ground shipping to 92% of the US population, primarily serving small and mid-market food clients at affordable rates.[1][2] Founded in 2016 and headquartered in Youngstown, Ohio, PSS raised $8.7M in Series A funding before being acquired by Lineage Logistics in June 2022, demonstrating strong growth in the cold chain sector with reported revenue around $25.1M and up to 70 employees pre-acquisition.[3][4]
PSS was founded in 2016 in Youngstown, Ohio, as a specialized fulfillment service for perishable products, addressing gaps in shipping frozen and refrigerated foods for eCommerce brands.[1][3][4] The founders leveraged expertise in cold chain logistics to build a provider focused on small businesses, securing $8.7M in Series A funding led by SJF Ventures, with participation from Grotech Ventures and Supply Chain Ventures.[3][4] Early traction came from its affordable, complete solutions—including pick-and-pack via FedEx—leading to expansion with warehouses in Ohio and Nevada, and culminating in its acquisition by Lineage Logistics on June 7, 2022, to bolster direct-to-consumer cold chain capabilities.[1][3]
PSS rode the explosive growth of eCommerce for perishable goods, fueled by direct-to-consumer food brands in meal kits, gourmet frozen items, and health-focused products amid rising online grocery demand post-2016.[1][3] Its timing aligned with cold chain logistics bottlenecks, where traditional shipping struggled with perishables, enabling PSS to capture market share through FedEx integration and regional warehouses that made nationwide 2-day delivery viable and cost-effective.[1][2] By specializing in small/mid-market clients, PSS democratized access to advanced fulfillment, influencing the ecosystem via its 2022 acquisition by Lineage Logistics, which expanded D2C cold chain services and integrated PSS's model into larger industrial REIT operations.[3]
Post-acquisition, PSS's operations are integrated into Lineage Logistics, positioning it to scale with global cold chain infrastructure amid surging eCommerce perishables demand driven by trends like ultra-fresh delivery and sustainable packaging.[3] Expect enhanced tech integrations, such as AI-optimized routing and expanded warehousing, to solidify its edge in a market projected to grow with online food sales. As cold chain evolves with climate-aware logistics and same-day capabilities, PSS-like models will shape how startups compete, tying back to its core strength: making perishable shipping seamless and accessible for innovators in food tech.[3]
Perishable Shipping Solutions has raised $9.0M in total across 1 funding round.
Perishable Shipping Solutions's investors include David Griest, Grotech Ventures, Summit Partners, Supply Chain Ventures.
Perishable Shipping Solutions has raised $9.0M across 1 funding round. Most recently, it raised $9.0M Series A in August 2020.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Aug 1, 2020 | $9M Series A | David Griest | Grotech Ventures, Summit Partners, Supply Chain Ventures | Announced |