When was Packfleet founded?

Packfleet was founded in 2021 and raised its 1st funding round within a year of its incorporation.

Where is Packfleet located?

Packfleet is headquartered in London, United Kingdom.

Who is the current CEO of Packfleet?

Tristan Thomas of Packfleet. They have also founded 1 company and are angel investors in 2 startups.

Which legal entities is Packfleet associated with?

Packfleet is associated with PACKFLEET LTD.

How many employees does Packfleet have?

As of Jan 23, 2025, the latest employee count at Packfleet is 46.

Is Packfleet a funded company?

Packfleet is a funded company, having raised a total of $21.9M across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jul 08, 2021.

How much is Packfleet worth?

The latest valuation of Packfleet is £***** as of Mar 31, 2022.

When was the latest funding round of Packfleet?

Packfleet's latest funding was a $***** Series A round on Mar 11, 2024, with participation from 5 investors.

Where does Packfleet rank among its competitors?

Packfleet ranks 4th amongst 14 active competitors, of which 8 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Relay, which secured $35M in Feb, 2025.

Who are the top competitors of Packfleet?

Packfleet's top competitors include Relay, Quiqup and Zedify. Among them, Relay secured the most recent funding round in February, 2025.

Packfleet - 2026 Company Profile, Team, Funding, Competitors & Financials

Packfleet is a series A company based in London (United Kingdom), founded in 2021 by Tristan Thomas, Hugo Cornejo and 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 14 active competitors, including 8 that are funded. Its top competitors include companies like Relay, Quiqup and Zedify.

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

Series A, Mar 11, 2024, $*****

Post Money Valuation

£***** as on Mar 31, 2022

Investors

General Catalyst & 14 more

Ranked

4^th among 14 active competitors

Employee Count

46 as on Jan 23, 2025

Similar Companies

Zypp Electric & 107 more

View Packfleet's full profile

Packfleet is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
PACKFLEET LTD CIN: 13287856 , United Kingdom, Active	Mar 23, 2021	-	86 (As on Mar 31, 2024)

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	8546794	Series A	9401161	5443928	8408493	2379002
Apr 06, 2022	8219787	Seed	4274852	3341630	3792894	General Catalyst & 8 more
Jul 08, 2021	9868610	Seed	6238144	1403784	Entree Capital & 1 more	Tom Blomfield & 3 more

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View details of Packfleet's funding rounds and investors

The founders of Packfleet are Tristan Thomas, Hugo Cornejo and Josh Garnham. Tristan Thomas is the CEO of Packfleet.

Here are the details of Packfleet's key team members:

Tristan Thomas: CEO and Cofounder of Packfleet. They are also an angel investor in 2 startups.
Hugo Cornejo: Cofounder of Packfleet.
Josh Garnham: Co-Founder of Packfleet.
Contact Info: 1 email address

View details of Packfleet's Founder profiles and Board Members

Packfleet's employee count trend

Packfleet has 46 employees as of Jan 25. Here is Packfleet's employee count trend over the years:

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Top competitors of Packfleet include Relay, Quiqup and Zedify. Here is the list of Top 10 competitors of Packfleet, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Relay 2022, London (United Kingdom), Series A	Tech enabled ecommerce delivery services for retailers	$48.8M	Prologis, Project A & 16 others	62/100
2nd	Quiqup 2014, Dubai (United Arab Emirates), Series B	On-demand delivery platform for consumers and businesses	$44.2M	Jobi, Delivery Hero & 9 others	56/100
3rd	Zedify 2018, Cambridge (United Kingdom), Series A	Platform offering last mile delivery solutions	$13.2M	Barclays, Green Angel Ventures & 60 others	49/100
4th	Packfleet 2021, London (United Kingdom), Series A	Provider of delivery services transitioning operations to another delivery company	$21.9M	Creandum, General Catalyst & 13 others	49/100
5th	On the dot 2015, London (United Kingdom), Unfunded	Online platform for alternate address and scheduled last mile delivery in UK	-	-	38/100
6th	ShipMyKart 2019, Delhi (India), Unfunded	Provider of cloud-based e-commerce delivery services	-	-	33/100
7th	Urb-it 2014, Stockholm (Sweden), Acqui-Hired	Local Shopping & courier service	$7.2M	Zenith, Le Village by CA & 1 others	32/100
8th	Toshi 2015, London (United Kingdom), Deadpooled	Provider of last-mile delivery services for fashion web stores	$9.87M	NJF Capital, Ophin Ventures & 28 others	32/100
9th	HerdGroup 2014, Weybridge (United Kingdom), Unfunded	Provides a fleet of electric vehicles for package deliveries	-	-	30/100
10th	Bond 2019, United States, Acqui-Hired	Provider of AI-enabled last-mile delivery services for e-commerce	$15M	Lightspeed Venture Partners, TLV Partners ... & 2 others	29/100