About Parcel Bright
Parcel Bright is a Transportation, Automotive & Logistics company based in London (United Kingdom) founded in 2013, and was acquired by Veeqo in March 2016. It operates as a discounted courier rates are aggregated for ecommerce businesses. Parcel Bright has raised $1 million across 1 funding round from investors including Veeqo, Molten Ventures and Talis Capital. The company has 1 employees. Its focus areas include Consumer, Logistics Tech, Ecommerce Logistics and End to End Delivery Services. Its legal entity is COFUNDIT LIMITED. Its competitors include Stord, Veeqo, GigaCloud Technology, Parcellab and MetaPack and 5 more; 8 of its 10 listed competitors have raised funding.
Company details
Parcel Bright was founded in 2013 in London, United Kingdom, as a courier aggregator serving small and medium-sized ecommerce companies. Discounted rates are negotiated with various courier providers, enabling businesses to access these through plug-and-play tools for immediate use. For customized needs, an API is offered to integrate with multiple couriers, supporting efficient parcel delivery operations in the logistics sector.
- Headquarters London, United Kingdom
- Employees 1
- Stage Acquired
- SectorsTransportation, Automotive & Logistics
- Website parcelbright.com
- Social LinkedIn X Facebook
- Acquired by Veeqo (Mar 2016)
- Legal Name Cofundit Limited
Funding Insights of Parcel Bright
Parcel Bright has successfully raised a total of $1M through 1 strategic funding round. The most recent funding activity was a Seed round of $1 million completed in December 2014. 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 $1M
- Total Rounds 1
- Last Round Seed — $1M
- First Round $1M
(Dec 2014)
- Investors Count 4
All 1 funding rounds of Parcel Bright with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2014 | $1M | Seed | – | – |
5 investors in total: 5 institutional.
Investors in Parcel Bright
Parcel Bright has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Veeqo, Molten Ventures and Talis Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital is provided by Molten Ventures to tech leaders. | – | forwardpartners.com | London, United Kingdom | |
Venture capital fund investing in tech startups | – | taliscapital.com | London, United Kingdom | |
Early-stage investment firm based in London is operated. | 2000 | avonmoredevelopments.com | London, United Kingdom | |
Early stage venture capital firm investing in UK | – | howzatpartners.com | Luxembourg, Luxembourg | |
Cloud-based inventory and fulfillment solutions are provided for businesses. | 2012 | veeqo.com | Swansea, United Kingdom |
Investor details for Parcel Bright
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People of Parcel Bright
1 people are tracked at Parcel Bright (1 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
Daniel Lipinski | CEO & Founder | Leadership |
Complete people profiles for Parcel Bright
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Timeline of Parcel Bright
3 dated milestones of Parcel Bright across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Parcel Bright is founded.
- Funding First funding round of $1.0M.
- Exit Acquired by Veeqo.
Competitors of Parcel Bright
Parcel Bright has 10 listed competitors in our database, 8 of them funded. They include Stord, Veeqo, GigaCloud Technology, Parcellab and MetaPack, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| stord.com | 2015 | Atlanta, United States | $776.99M | 233 | Cloud-based end-to-end logistics and supply chain solutions are provided. | |
| veeqo.com | 2012 | Swansea, United Kingdom | $11.46M | 87 | Cloud-based inventory and fulfillment solutions are provided for businesses. | |
| gigacloudtech.com | 2014 | Of Industry, United States | $40M | 1,362 | Logistics management solutions are provided for e-commerce businesses. | |
| parcellab.com | 2014 | Munich, Germany | $112M | 75 | Connects online merchants with their customers | |
| metapack.com | 1999 | London, United Kingdom | – | 186 | E-commerce shipping software is provided with tracking and management features. | |
| orderdynamics.com | 2003 | London, United Kingdom | $41M | 69 | Cloud-based software company for eCommerce Solutions | |
| fulfilmentcrowd.com | 1984 | Chorley, United Kingdom | $10.44M | 99 | End-to-end fulfillment solutions are provided for businesses via integrated platforms. | |
| selazar.com | 2014 | London, United Kingdom | $28.59M | 36 | Cloud-based end-to-end e-commerce fulfillment solutions are provided. | |
| clippergroup.co.uk | 1992 | Leeds, United Kingdom | – | 9,148 | End-to-end delivery services for the retail industry are provided. | |
| ecommercefulfilment.com | 2010 | Sawston, United Kingdom | $13.51M | 7 | Ecommerce order fulfillment for small and large companies |
Detailed competitors of Parcel Bright
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Web traffic of Parcel Bright
Websites that share an audience with Parcel Bright (parcelbright.com).
Websites whose visitors overlap most with Parcel Bright. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| linnworks.com | 100% | 127.3K | #286,333 | View details | |
| easyproperty.com | 75% | 4.7K | #5,327,072 | View details | |
| parcel2go.com | 75% | 1.5M | #30,787 | View details |
Top companies in Logistics Technology & Platforms
10 companies that operate in the same segment as Parcel Bright (Logistics Technology & Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Ride-hailing and on-demand delivery services are aggregated via mobile app. | 2012 | Singapore, Singapore, Singapore | USD 10.38 B | USD 3.37 B | 57,733 | |
Food and grocery deliveries are facilitated through an app-based platform. | 2013 | San Francisco, California, United States | USD 2.5 B | USD 10.72 B | 80,579 | |
Food and grocery items are ordered via an online network. | 2014 | Bengaluru, Karnataka, India | USD 3.62 B | USD 2.46 B | 4,488 | |
Integrated logistics services including parcel delivery and warehousing are provided. | 2011 | Gurugram, Haryana, India | USD 1.25 B | USD 1.12 B | 23,536 | |
Online marketplace offering multi-category grocery products | 2015 | Barcelona, Catalonia, Spain | USD 1.16 B | – | 15,437 | |
E-commerce tools for shipping, marketing, and financial services are provided. | 2012 | Gurugram, Haryana, India | USD 321.57 M | USD 135.47 M | 915 | |
App based platform offering on demand delivery and ride-hailing services | 2010 | Jakarta, Jakarta, Indonesia | USD 4.72 B | – | 998 | |
Express delivery logistics solutions are provided for businesses and individuals. | 2015 | Bengaluru, Karnataka, India | USD 246.8 M | USD 447.86 M | – | |
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners. | 2015 | San Francisco, California, United States | USD 915 M | USD 1.62 B | 5,792 | |
Wolt is operated as a delivery platform for food and groceries. | 2014 | Helsinki, Finland | USD 827.96 M | – | – |
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Related news about Parcel Bright
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Frequently Asked Questions about Parcel Bright
Parcel Bright was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Parcel Bright is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Parcel Bright is a funded company, having raised a total of $1M across 1 funding round to date. The company's 1st funding round was a Seed of $1M, raised on Dec 2014.
Parcel Bright has 1 employees.
Parcel Bright was founded in 2013 in London, United Kingdom, as a courier aggregator serving small and medium-sized ecommerce companies. Discounted rates are negotiated with various courier providers, enabling businesses to access these through plug-and-play tools for immediate use. For customized needs, an API is offered to integrate with multiple couriers, supporting efficient parcel delivery operations in the logistics sector.
Parcel Bright has 5 investors. Key investors include Veeqo, Molten Ventures, Talis Capital, Avonmore Developments, and Howzat Partners.
Parcel Bright operates through Cofundit Limited.
Yes. Parcel Bright was acquired by Veeqo in March 2016.