About Package Free Shop
Package Free Shop is a company based in Brooklyn (United States) founded in 2017.. Package Free Shop has raised $4.5 million across 1 funding round from investors including Primary, TQ Ventures and Brooke Wall. The company has 44 employees as of December 31, 2021. Package Free Shop operates in a competitive market with competitors including Blueland, Cleancult, spotLESS, Truman's and Dropps, among others.
- Headquarter Brooklyn, United States
- Employees 44 as on 31 Dec, 2021
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Sectors
RetailConsumer
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Naadam 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
$4.5 M (USD)
in 1 rounds
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Latest Funding Round
$4.5 M (USD), Seed
Sep 26, 2019
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Investors
Primary
& 5 more
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Employee Count
44
as on Dec 31, 2021
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Funding Insights of Package Free Shop
Package Free Shop has successfully raised a total of $4.5M through 1 strategic funding round. The most recent funding activity was a Seed round of $4.5 million completed in September 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 1
- Last Round Seed — $4.5M
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First Round
First Round
(26 Sep 2019)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2019 | Amount | Seed - Package Free Shop | Valuation | Primary Venture Partner |
| 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 Package Free Shop
Package Free Shop has secured backing from 6 investors, including venture fund and angel investors. Prominent investors backing the company include Primary, TQ Ventures and Brooke Wall. 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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Investments in seed-stage companies are managed by Primary Venture Partner.
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Founded Year | Domain | Location | |
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Early-stage venture capital fund investing in tech-based startups
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Founded Year | Domain | Location | |
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Early-stage venture capital firm investing in and supporting technology 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 Package Free Shop
| 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 - Package Free Shop
| 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 |
Package Free Shop Comparisons
Competitors of Package Free Shop
Package Free Shop 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 Blueland, Cleancult, spotLESS, Truman's and Dropps, 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 |
Eco-friendly cleaning products are offered for sustainable home use.
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| domain | founded_year | HQ Location |
Refillable household cleaners are offered in paper-based packaging.
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| domain | founded_year | HQ Location |
Surface coating products for home improvements are offered online.
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| domain | founded_year | HQ Location |
Brand of surface cleaners
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| domain | founded_year | HQ Location |
Biodegradable laundry detergent and fabric softener pods are manufactured.
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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 Package Free Shop
When was Package Free Shop founded?
Package Free Shop was founded in 2017 and raised its 1st funding round 2 years after it was founded.
Where is Package Free Shop located?
Package Free Shop is headquartered in Brooklyn, United States. It is registered at Brooklyn, New York, United States.
Is Package Free Shop a funded company?
Package Free Shop is a funded company, having raised a total of $4.5M across 1 funding round to date. The company's 1st funding round was a Seed of $4.5M, raised on Sep 26, 2019.
How many employees does Package Free Shop have?
As of Dec 31, 2021, the latest employee count at Package Free Shop is 44.
What does Package Free Shop do?
Package Free Shop was founded in 2017 in Brooklyn, United States, as an online brand specializing in natural home care products. Operations center on e-commerce distribution of sustainable, package-free alternatives for household cleaning and maintenance. The sector focuses on environmentally conscious consumer goods, with services including direct-to-consumer sales via the domain packagefreeshop.com. Geographic reach is primarily within the United States.
Who are the top competitors of Package Free Shop?
Who are Package Free Shop's investors?
Package Free Shop has 6 investors. Key investors include Primary, TQ Ventures, Brooke Wall, Ryan Engel, and Neil Parikh.
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