About Parcel Bright
Parcel Bright is a company based in London (United Kingdom) founded in 2013 was acquired by Veeqo in March 2016.. Parcel Bright has raised $1 million across 1 funding round from investors including Veeqo, Molten Ventures and Talis Capital. The company has 1 employees as of February 29, 2020. Parcel Bright operates in a competitive market with competitors including Stord, Veeqo, GigaCloud Technology, Parcellab and MetaPack, among others.
- Headquarter London, United Kingdom
- Employees 1 as on 29 Feb, 2020
-
Sectors
Transportation, Automotive & Logistics
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Cofundit Limited
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
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 Total Funding
- Total Rounds 1
- Last Round Seed — $1.0M
-
First Round
First Round
(12 Dec 2014)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2014 | Amount | Seed - Parcel Bright | 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 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. 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 |
|---|---|---|---|---|
|
Venture capital is provided by Molten Ventures to tech leaders.
|
Founded Year | Domain | Location | |
|
Venture capital fund investing in tech startups
|
Founded Year | Domain | Location | |
|
Early-stage investment firm based in London is operated.
|
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 Parcel Bright
| 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 - Parcel Bright
| 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 |
Parcel Bright Comparisons
Competitors of Parcel Bright
Parcel Bright 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 Stord, Veeqo, GigaCloud Technology, Parcellab and MetaPack, 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 |
Cloud-based end-to-end logistics and supply chain solutions are provided.
|
|
| domain | founded_year | HQ Location |
Cloud-based inventory and fulfillment solutions are provided for businesses.
|
|
| domain | founded_year | HQ Location |
Logistics management solutions are provided for e-commerce businesses.
|
|
| domain | founded_year | HQ Location |
Connects online merchants with their customers
|
|
| domain | founded_year | HQ Location |
E-commerce shipping software is provided with tracking and management features.
|
|
| domain | founded_year | HQ Location |
Cloud-based software company for eCommerce Solutions
|
| 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.
|
Frequently Asked Questions about Parcel Bright
When was Parcel Bright founded?
Parcel Bright was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Where is Parcel Bright located?
Parcel Bright is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Is Parcel Bright a funded company?
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 12, 2014.
How many employees does Parcel Bright have?
As of Feb 29, 2020, the latest employee count at Parcel Bright is 1.
What does Parcel Bright do?
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.
Who are the top competitors of Parcel Bright?
Who are Parcel Bright's investors?
Parcel Bright has 5 investors. Key investors include Veeqo, Molten Ventures, Talis Capital, Avonmore Developments, and Howzat Partners.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.