Packfleet - About the company
Packfleet is a series A company based in London (United Kingdom), founded in 2021 by Josh Garnham. It operates as a Provider of delivery services transitioning operations to another delivery company. Packfleet has raised $21.9M in funding from investors like General Catalyst, Creandum and Entree Capital, with a current valuation of £*****. The company has 376 active competitors, including 79 funded and 21 that have exited. Its top competitors include companies like Veho, Ninja Van and Workhorse Group.
Company Details
Provider of delivery services transitioning operations to another delivery company. The transition involves transferring customers and deliveries as the other company expands green delivery options. Many drivers and warehouse personnel will join the other company as part of this change. The original company built a service delivering parcels using electric vehicles.
- Website
- packfleet.com
- Social
- Email ID
- *****@packfleet.com
Key Metrics
Founded Year
2021
Location
London, United Kingdom
Stage
Series A
Total Funding
$21.9M in 3 rounds
Latest Funding Round
Post Money Valuation
£***** as on Mar 31, 2022
Investors
Ranked
30th among 376 active competitors
Employee Count
17 as on Aug 31, 2026
Similar Companies
Legal entities associated with Packfleet
Packfleet is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
PACKFLEET LTD CIN: 13287856 , United Kingdom, Active | Mar 23, 2021 | - | 86 (As on Mar 31, 2024) |
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Packfleet's funding and investors
Packfleet has raised a total funding of $21.9M over 3 rounds. Its first funding round was on Jul 08, 2021. Its latest funding round was a Series A round on Mar 11, 2024 for $*****. 5 investors participated in its latest round. Packfleet has 5 institutional investors and 10 angel investors.
Here is the list of recent funding rounds of Packfleet:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 11, 2024 | 9703348 | Series A | 4796574 | 9920557 | 4852975 | 1217228 |
Apr 06, 2022 | 3038974 | Seed | 9408674 | 7360641 | 1762656 | |
Jul 08, 2021 | 1100362 | Seed | 2316995 | 2148850 |
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Packfleet's founders and board of directors
Founder? Claim ProfileThe founders of Packfleet is Josh Garnham.
Here are the details of Packfleet's key team members:
- Josh Garnham: Co-Founder of Packfleet.
View details of Packfleet's Founder profiles and Board Members
Packfleet's employee count trend
Packfleet has 17 employees as of Aug 26. Here is Packfleet's employee count trend over the years:
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Packfleet's Competitors and alternates
Top competitors of Packfleet include Veho, Ninja Van and Workhorse Group. Here is the list of Top 10 competitors of Packfleet, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Veho 2016, Boulder (United States), Series B | AI-enable last-mile delivery services for e-commerce companies | $300M | 72/100 | |
2nd | App-based platform providing last-mile B2C delivery services | $1.1B | 67/100 | ||
3rd | Workhorse Group 2007, Cincinnati (United States), Public | Manufacturer of electric vehicles and related components for transportation solutions | $35.8M | 66/100 | |
4th | Provider of on-demand delivery services for businesses and individual customers | $7.69M | 64/100 | ||
5th | Provider of standard and custom delivery and logistics solutions | $224M | 63/100 | ||
6th | Provider of last-mile e-commerce delivery solutions | $383M | 63/100 | ||
7th |  deliver better 2016, Ottawa (Canada), Series A | Platform offering last-mile delivery services through electric vehicle fleet | $23.5M | 62/100 | |
8th |  Standard Fleet 2021, Walnut (United States), Series A | SaaS-driven provider of EV fleet management solutions | $20M | 60/100 | |
9th | Gordon Delivery 2015, Stockholm (Sweden), Public | Crowdsourced end-to-end delivery services for businesses | $17.5M | 59/100 | |
10th | A company specializing in hyper-local connectivity solutions for enterprise customers to ensure last-mile fulfillment | $17.3M | 59/100 | ||
30th |  Packfleet 2021, London (United Kingdom), Series A | Provider of delivery services transitioning operations to another delivery company | $21.9M | 48/100 |
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Packfleet's Investments and acquisitions
Packfleet has made no investments or acquisitions yet.
Reports related to Packfleet
Here is the latest report on Packfleet's sector:
News related to Packfleet
Filter this list•
Packfleet promotes Robert Collings to CFO to support London growth following Series A funding roundRetail Technology Innovation Hub•Aug 30, 2024•Packfleet, General Catalyst, Voyager
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EV delivery firm Packfleet branded ‘disgusting’ for plans to sack 30 drivers and replace them with gig economy contractsCity A.M.•May 08, 2024•Packfleet
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Carbon-neutral courier Packfleet secures $10M for expansionTech.eu•Mar 13, 2024•Packfleet, General Catalyst, Founder Collective, Voyager and 2 others
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Packfleet Raises £8M in Series A FundingFinSMEs•Mar 13, 2024•Packfleet, General Catalyst, Voyager, Creandum and 3 others
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Electric courier startup Packfleet raises £7.8mUKTN•Mar 12, 2024•Packfleet, General Catalyst, Voyager, Creandum and 2 others
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Packfleet and Pizza Pilgrims partner to deliver carbon-neutral pizza to hungry LondonersBdaily•Sep 07, 2023•Pizza Pilgrims, Packfleet
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Logistics firms partner to provide carbon-neutral deliveries across LondonFleetworld•Aug 22, 2023•Bodo, Packfleet
•
Oh Polly forms partnership for carbon-free London deliveriesFashion Network•Jul 12, 2023•Oh Polly, Packfleet
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Packfleet becomes first B Corp certified logistics firm with all-electric fleetBdaily•Jun 13, 2023•Packfleet
•
E-commerce delivery startup Packfleet appoints Fern Wake as Chief Operating OfficerRetail Technology Innovation Hub•Feb 14, 2023•Packfleet
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