Packback

Chicago, United States Founded: 2012 • Age: 14 yrs
Text book rental platform

About Packback

Packback is an Education company based in Chicago (United States) founded in 2012. Text book rental platform. It operates in the Education and Media & Entertainment sectors. Packback has raised $13.64 million across 10 funding rounds from investors including Wintrust, PSG Equity and Achieve Partners. The company has 111 employees. Its website packback.co draws about 544 thousand monthly visits. Its focus areas include EdTech, Higher Education Tech, Ecommerce and Text Books. Its legal entity is PACKBACK, INC. Its competitors include Chegg, VitalSource and BookRenter; 2 of its 3 listed competitors have raised funding.

Company details

Packback is an online textbook rental platform.Packback has served over 130K students nationwide and is backed by 3M in venture funding from notable investors including Mark Cuban, Howard Tullman, and Mark Tebbe. Packback also provides a price Comparison tool to compare prices from the textbook renters on the web. Packback also operates Packback questions, a social QA platform.

Key Metrics
  • Total Equity Funding
    $13.64M (USD)

    in 10 rounds

  • Investors
    Wintrust

    & 8 more

  • Employee Count
    111

Funding Insights of Packback

Packback has successfully raised a total of $13.64M across 10 strategic funding rounds. 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 $13.64M
  • Total Rounds 10
  • First Round $350,000

    (Jun 2013)

  • Investors Count 9

All 10 funding rounds of Packback with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Mar 2024Series B–PSG
–
Jan 2019$2.5MSeries A–Achieve Partners
Jan 2018$4.2MSeries A–Achieve Partners
Sep 2017$1.5MSeed–Achieve Partners
Jul 2015$1.54MSeed–HPA
Jun 2015$1.5MSeed––
Aug 2014$1.05MSeed–Sharkalytics
–
Aug 2014$1MSeed––
Oct 2013Seed––
Jun 2013$350,000Seed––
–
Valuation history

9 investors in total: 8 institutional and 1 angel.

Investors in Packback

Packback has secured backing from 9 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Wintrust, PSG Equity and Achieve Partners.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Capital and operational support are provided to growth-stage software companies.
psgequity.comBoston, United States
Early-stage startups are funded through venture capital investments.
hpa.vcChicago, United States
Lakewest Venture Partners is engaged in early-stage venture investments.
2013lakewestinc.comChicago, United States
Professional education courses are delivered by Achieve Partners.
achievepartners.comNew York, United States
Bank offering diversified financial services
1991wintrust.comRosemont, United States
Provides equity capital and strategic advice to growth-oriented companies across sectors.
2011wildcatcap.comNew York, United States
Provides market research services, including data collection, analysis, and reporting.
2005icg-ventures.comTel Aviv, Israel
Website providing analyses of Shark Tank businesses and entrepreneurial content.
2014sharkalytics.comParis, France

Mark Cuban

American billionaire, angel investor, Shark Tank star, and Dallas Mavericks owner
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Investor details for Packback

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People of Packback

36 people are tracked at Packback (12 in leadership, 24 in team); the tracked headcount is 111.

NameRoleGroup
Daniel White
Vice PresidentLeadership
Anne Parayil
Director Of Enterprise Customer SuccessLeadership
Craig Booth
Chief Technology OfficerLeadership
Kelsey Behringer
Chief Executive OfficerLeadership
Jessica Tenuta
Cofounder | Chief Product OfficerLeadership
Davo Hynds
VP of EngineeringLeadership
Jennifer Meza
Vp, PeopleLeadership
Iain Atkinson
Chief Revenue Officer (cro)Leadership
Dan Najjum
Chief Financial OfficerLeadership
Allison Hanna
Director Of Revenue OperationsLeadership
John D.
Head Of Information SecurityLeadership
Susie O.
Director Of EngineeringLeadership
Kara Luke
Customer Success Team ManagerTeam
Anne Olson
Customer Success ManagerTeam
David Cecchi
Strategy ConsultantTeam
Jesse Barron
Software EngineerTeam
Crystal Ophaso
Software EngineerTeam
Rachel Farnham
Customer Enablement Engineer IITeam
Kendall Smith
Strategy ConsultantTeam
Jorie Koelling
Partnership Sucess ManagerTeam

16 more people are available in the full profile.

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Timeline of Packback

3 dated milestones of Packback across 12 years, from founding to its latest funding, stage changes and deals.

  1. Founded Packback is founded.
  2. Funding First funding round of $350K.
  3. Funding Latest funding round, Series B,.

Competitors of Packback

Packback has 3 listed competitors in our database, 2 of them funded. They include Chegg, VitalSource and BookRenter.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
chegg.com2005Santa Clara, United States$205.99M771
Rental books and homework help are provided to university students.
vitalsource.com1994Raleigh, United States298
Online platform offering ebooks and digital learning tools
bookrenter.com2007San Mateo, United States$56M
Operates an online service for renting textbooks.
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Detailed competitors of Packback

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Web traffic of Packback

The website of Packback (packback.co) receives about 543.9K visits a month.

  • Monthly visits
    543.9K

    ▲ 126.8% vs previous month

Similar websites

Websites whose visitors overlap most with Packback. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
gptzero.me
100%
14.6M#2,928View details
tophat.com
100%
3.8M#19,162View details
uh.edu
98%
4.9M#9,574View details
joinhandshake.com
94%
16M#2,980View details
uofh-my.sharepoint.com
uofh-my.sharepoint.com
92%
–
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β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 40 similar websites and full traffic analytics for Packback

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  • Audience overlap
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Top companies in Education Technology Platforms

3 companies that operate in the same segment as Packback (Education Technology Platforms) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Developer of a platform providing gamified language learning through interactive exercises
2011Pittsburgh, Pennsylvania, United StatesUSD 183.3 MUSD 748.02 M900
Cloud-based software for K-12 education is provided.
1997Folsom, California, United StatesUSD 32 MUSD 47.59 M1,308
Online platform for preschool management and parent updates is offered.
2014San Francisco, California, United StatesUSD 88.8 M
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Related news about Packback

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Frequently Asked Questions about Packback

Packback was founded in 2012 and raised its 1st funding round 1 year after it was founded.

Packback is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.

Packback is a funded company, having raised a total of $13.64M across 10 funding rounds to date. The company's 1st funding round was a Seed of $350K, raised on Jun 2013.

Packback has 111 employees.

Packback is an online textbook rental platform.Packback has served over 130K students nationwide and is backed by 3M in venture funding from notable investors including Mark Cuban, Howard Tullman, and Mark Tebbe. Packback also provides a price Comparison tool to compare prices from the textbook renters on the web. Packback also operates Packback questions, a social QA platform.

Packback's top competitors include Chegg, VitalSource and BookRenter.

Packback has 9 investors. Key investors include Wintrust, PSG Equity, Achieve Partners, HPA, and Mark Cuban.

Packback operates through Packback, Inc..

The website of Packback receives about 544 thousand visits a month.

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