About Pacejet
Pacejet is a company based in Columbus (United States) founded in 2003 was acquired by 3GTMS in February 2020.. Pacejet has raised $11.41 million across 6 funding rounds from investors including 3GTMS, Plymouth Growth and Athenian Venture Partners. The company has 54 employees as of December 31, 2022. Pacejet offers products and services including 3G Transportation Management, 3G Pacejet Shipping, 3G ERP Integrations, and 3G Carrier Network. Pacejet operates in a competitive market with competitors including Shippo, ShipBob, Deliverr, BILT and EasyPost, among others.
- Headquarter Columbus, United States
- Employees 54 as on 31 Dec, 2022
-
Sectors
Transportation, Automotive & Logistics
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Pacejet Logistics, Inc.
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Pacejet
Pacejet offers a comprehensive portfolio of products and services, including 3G Transportation Management, 3G Pacejet Shipping, 3G ERP Integrations, and 3G Carrier Network. 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.
Software for optimizing road transportation planning and execution.
Platform for efficient packing, shipping, and carrier integration.
Connects business systems for seamless logistics data exchange.
Provides connected network for LTL, parcel, and truckload carriers.
Funding Insights of Pacejet
Pacejet has successfully raised a total of $11.41M across 6 strategic funding rounds. The most recent funding activity was a Series C round of $6.31 million completed in April 2019. 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 6
- Last Round Series C — $6.3M
-
First Round
First Round
(17 Aug 2009)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2019 | Amount | Series C - Pacejet | Valuation |
investors |
|
| Dec, 2017 | Amount | Series C - Pacejet | Valuation | Plymouth Growth |
|
| May, 2017 | Amount | Series C - Pacejet | Valuation |
investors |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Pacejet
Pacejet has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include 3GTMS, Plymouth Growth and Athenian Venture Partners. 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 |
|---|---|---|---|---|
|
Growth stage tech & offline focused VC firm funding companies in the US
|
Founded Year | Domain | Location | |
|
US focused early stage venture capital firm
|
Founded Year | Domain | Location | |
|
Transportation management systems are provided for third-party logistics firms.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Pacejet
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Pacejet
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Pacejet Comparisons
Competitors of Pacejet
Pacejet 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 Shippo, ShipBob, Deliverr, BILT and EasyPost, 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 |
Web-based shipping solutions are provided for e-commerce businesses.
|
|
| domain | founded_year | HQ Location |
E-commerce fulfillment solutions are provided for direct-to-consumer brands.
|
|
| domain | founded_year | HQ Location |
Tech-enabled fulfillment services are provided to e-commerce businesses.
|
|
| domain | founded_year | HQ Location |
Developer of an app providing 3D assembly instructions for consumer goods
|
|
| domain | founded_year | HQ Location |
Shipping and e-commerce solutions are delivered through SaaS for businesses.
|
|
| domain | founded_year | HQ Location |
Omnichannel platform is provided for retail fulfillment and customer engagement.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Pacejet
Frequently Asked Questions about Pacejet
When was Pacejet founded?
Pacejet was founded in 2003 and raised its 1st funding round 6 years after it was founded.
Where is Pacejet located?
Pacejet is headquartered in Columbus, United States. It is registered at Columbus, Ohio, United States.
Is Pacejet a funded company?
Pacejet is a funded company, having raised a total of $11.41M across 6 funding rounds to date. The company's 1st funding round was a Series C of $10.01K, raised on Aug 17, 2009.
How many employees does Pacejet have?
As of Dec 31, 2022, the latest employee count at Pacejet is 54.
What does Pacejet do?
Pacejet was founded in 2003 in Columbus, United States, and operates in the logistics sector. A cloud-based platform is provided to connect manufacturers and distributors with carriers such as FedEx, UPS, and the U.S. Postal Service. Real-time rates and tracking are enabled through a central dashboard, while label production and paperwork are automated. International shipping is supported alongside multi-carrier rate comparison.
What products or services does Pacejet offer?
Pacejet offers 3G Transportation Management, 3G Pacejet Shipping, 3G ERP Integrations, and 3G Carrier Network.
Who are Pacejet's investors?
Pacejet has 3 investors. Key investors include 3GTMS, Plymouth Growth, and Athenian Venture Partners.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.