About Paack
Paack is a company based in Barcelona (Spain) founded in 2015 by Fernando Benito Galobart and Xavier Rosales.. Paack has raised $382.74 million across 12 funding rounds from investors including Bankinter, BBVA and Unbound. Paack offers products and services including Parcel Deliveries, Temperature Controlled Deliveries, and Returns Management. Paack operates in a competitive market with competitors including Catcher, Koiki, Revoolt, BooBoo Red de Optimizacion and ShipMyKart, among others.
- Headquarter Barcelona, Spain
- Founders Fernando Benito Galobart, Xavier Rosales
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$382.74 M (USD)
in 12 rounds
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Latest Funding Round
$23.87 M (USD), Series D
Oct 05, 2024
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Investors
Bankinter
& 19 more
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Employee Count
Employee Count
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Products & Services of Paack
Paack offers a comprehensive portfolio of products and services, including Parcel Deliveries, Temperature Controlled Deliveries, and Returns Management. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Offers on-time parcel transport with scheduling and tracking options
Ensures safe transport of perishable goods at optimal temperatures
Handles scheduled and label-free return processes for customers
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Operations Team
20 people
Software Development Team
10 people
Warehouse Team
10 people
Human Resources and Administration
6 people
Head Team
5 people
Data Analysis and Operations Team
4 people
Leadership Team
4 people
Sales and Marketing
4 people
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Funding Insights of Paack
Paack has successfully raised a total of $382.74M across 12 strategic funding rounds. The most recent funding activity was a Series D round of $23.87 million completed in October 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 12
- Last Round Series D — $23.9M
- First Round First Round
- Investors Count 20
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Oct, 2024 | Amount | Debt – Conventional - Paack | Valuation |
investors |
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| Oct, 2024 | Amount | Series D - Paack | Valuation | InfraVia Capital Partners , Unbound |
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| Feb, 2024 | Amount | Series D - Paack | Valuation | Official Credit Institute |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Paack
Paack has secured backing from 20 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Bankinter, BBVA and Unbound. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Private equity and infrastructure fund focused on multiple sectors
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Founded Year | Domain | Location | |
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Unbound is focused on building and backing long-term companies.
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Founded Year | Domain | Location | |
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Venture capital investments in technology and startups.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Paack
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Paack
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Paack Comparisons
Competitors of Paack
Paack operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Catcher, Koiki, Revoolt, BooBoo Red de Optimizacion and ShipMyKart, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Software solutions for restaurant e-commerce and operations are provided.
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| domain | founded_year | HQ Location |
Online platform for alternate address and scheduled last mile delivery
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| domain | founded_year | HQ Location |
Last mile delivery management is facilitated via an integrated platform.
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| domain | founded_year | HQ Location |
Last-mile delivery services are facilitated via an online marketplace.
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| domain | founded_year | HQ Location |
Provides cloud-based delivery services for e-commerce operations.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Paack
Frequently Asked Questions about Paack
When was Paack founded?
Paack was founded in 2015.
Where is Paack located?
Paack is headquartered in Barcelona, Spain. It is registered at Barcelona, Catalonia, Spain.
Is Paack a funded company?
Paack is a funded company, having raised a total of $382.74M across 12 funding rounds to date. The company's 1st funding round was a Series D of $10.74M, raised on Sep 01, 2015.
What does Paack do?
Paack was founded in 2015 in Barcelona, Spain, within the logistics sector. Last-mile delivery options for e-commerce, including scheduled, on-demand, next-day, and same-day services, are offered to accommodate client needs. Retailers, e-stores, and cold chain operations for perishable goods are served across Europe. Clients such as Joone, MANGO, and Decathlon are supported through these logistics capabilities.
What products or services does Paack offer?
Paack offers Parcel Deliveries, Temperature Controlled Deliveries, and Returns Management.
Who are Paack's investors?
Paack has 20 investors. Key investors include Bankinter, BBVA, Unbound, FJ Labs, and SoftBank Vision Fund.
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