About Pacas
Pacas is a company based in Chicago (United States) founded in 1998 by Christian Arquilla and Justin Arquilla.. Pacas has raised $10.81 million across 2 funding rounds. Pacas offers products and services including Socks, Apparel, Slippers, Throws, and Accessories. Pacas operates in a competitive market with competitors including Stance, Bombas, ComradSocks, PRO Compression and Gekks, among others.
- Headquarter Chicago, United States
- Founders Christian Arquilla, Justin Arquilla
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Sectors
Retail
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Pacas, Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$10.81 M (USD)
in 2 rounds
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Latest Funding Round
$2.81 M (USD), Unspecified
May 26, 2023
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Investors
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Employee Count
Employee Count
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Products & Services of Pacas
Pacas offers a comprehensive portfolio of products and services, including Socks, Apparel, Slippers, Throws, and Accessories. 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.
Alpaca fiber socks for casual and performance activities.
Items like sweaters and loungewear made from alpaca fiber.
Comfortable alpaca fiber slippers for everyday use.
Warm alpaca fiber blankets for household comfort.
Alpaca fiber hats, scarves, and other accessories.
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Funding Insights of Pacas
Pacas has successfully raised a total of $10.81M across 2 strategic funding rounds. The most recent funding activity was a Unspecified round of $2.81 million completed in May 2023. 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 2
- Last Round Unspecified — $2.8M
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First Round
First Round
(29 Apr 2022)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2023 | Amount | Unspecified - Pacas | Valuation |
investors |
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| Apr, 2022 | Amount | Series A - Pacas | Valuation |
investors |
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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 |
Investments & Acquisitions by Pacas
| 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 - Pacas
| 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 |
Pacas Comparisons
Competitors of Pacas
Pacas 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 Stance, Bombas, ComradSocks, PRO Compression and Gekks, 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 |
Stance is recognized for selling socks, underwear, and apparel.
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| domain | founded_year | HQ Location |
Socks are offered online by Bombas as an internet-first brand.
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| domain | founded_year | HQ Location |
Sells compression socks online for health benefits and daily wear.
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| domain | founded_year | HQ Location |
Internet-first brand of sports gears
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| domain | founded_year | HQ Location |
Internet first brand of no-show socks
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Frequently Asked Questions about Pacas
When was Pacas founded?
Pacas was founded in 1998 and raised its 1st funding round 24 years after it was founded.
Where is Pacas located?
Pacas is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Is Pacas a funded company?
Pacas is a funded company, having raised a total of $10.81M across 2 funding rounds to date. The company's 1st funding round was a Series A of $8M, raised on Apr 29, 2022.
What does Pacas do?
Pacas was established in 1998 in Chicago, United States, as an internet-first brand in the apparel sector. A range of socks, including crew, ankle, printed, combo, and quarter-length styles, is provided for men, women, and kids, with attributes such as hypoallergenic properties, moisture-wicking, thermoregulation, and natural materials noted. Sweaters, hats, and scarves are also included in the product lineup, supporting operations focused on online retail.
Who are the top competitors of Pacas?
Pacas's top competitors include Stance, Bombas and PRO Compression.
What products or services does Pacas offer?
Pacas offers Socks, Apparel, Slippers, Throws, and Accessories.
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