About Packlane
Packlane is a company based in Sherman Oaks (United States) founded in 2015 by Miriam Brafman.. Packlane has raised $4 million across 1 funding round from investors including Breakout Capital and Draper Associates. The company has 880 employees as of December 31, 2023. Packlane operates in a competitive market with competitors including Sourceful, Packhelp, Manuva, Noissue and AR Packaging, among others.
- Headquarter Sherman Oaks, United States
- Employees 880 as on 31 Dec, 2023
- Founders Miriam Brafman
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Sectors
Industrial Goods & Manufacturing
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Digital Room Llc
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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 M (USD)
in 1 rounds
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Latest Funding Round
$4 M (USD), Series A
Jun 06, 2018
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Investors
Breakout Capital
& 1 more
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Employee Count
880
as on Dec 31, 2023
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Funding Insights of Packlane
Packlane has successfully raised a total of $4M through 1 strategic funding round. The most recent funding activity was a Series A round of $4 million completed in June 2018. 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 Series A — $4.0M
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First Round
First Round
(06 Jun 2018)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2018 | Amount | Series A - Packlane | Valuation | Breakout Capital |
| 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 Packlane
Packlane has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Breakout Capital and Draper Associates. 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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Early-stage technology companies receive venture capital investments.
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Founded Year | Domain | Location | |
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Business term loans and invoice financing are offered online.
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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 Packlane
| 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 - Packlane
| 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 |
Packlane Comparisons
Competitors of Packlane
Packlane 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 Sourceful, Packhelp, Manuva, Noissue and AR Packaging, 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 platform for sustainable sourcing and carbon tracking is provided.
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| domain | founded_year | HQ Location |
Provider of custom-packaging solutions for businesses
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| domain | founded_year | HQ Location |
Platform connecting manufacturers, business owners, and retailers for packaging transactions
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| domain | founded_year | HQ Location |
Customized tissue paper and packaging are designed and printed online.
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| domain | founded_year | HQ Location |
Custom carton and flexible packaging is manufactured for various industries.
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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 Packlane
When was Packlane founded?
Packlane was founded in 2015 and raised its 1st funding round 3 years after it was founded.
Where is Packlane located?
Packlane is headquartered in Sherman Oaks, United States. It is registered at Sherman Oaks, California, United States.
Who is the current CEO of Packlane?
Miriam Brafman is the current CEO of Packlane. They have also founded this company.
Is Packlane a funded company?
Packlane is a funded company, having raised a total of $4M across 1 funding round to date. The company's 1st funding round was a Series A of $4M, raised on Jun 06, 2018.
How many employees does Packlane have?
As of Dec 31, 2023, the latest employee count at Packlane is 880.
What does Packlane do?
Packlane was founded in 2015 and is based in Sherman Oaks, United States. Custom printed boxes and packaging solutions are offered by the company within the packaging sector. A variety of products, including mailer boxes, product boxes, rigid boxes, standard shipping boxes, and Econoflex shipping boxes, are provided for custom needs. Operations focus on delivering tailored packaging options to clients across various industries.
Who are the top competitors of Packlane?
Packlane's top competitors include Sourceful, Packhelp and Nexgen Packaging.
Who are Packlane's investors?
Packlane has 2 investors. Key investors include Breakout Capital, and Draper Associates.