About Parcel Port
Parcel Port is a company based in Vaughan (Canada) founded in 2017 by Michael Trueman. It operates as a B2B, and B2C. Parcel Port offers products and services including Smart Lockers, Residential Solutions, and Retail Solutions. Parcel Port operates in a competitive market with competitors including BufferBox, FLEXIPASS, Snaile, Real Time Networks and NationWide Self Storage, among others.
- Headquarter Vaughan, Canada
- Founders Michael Trueman
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Sectors
Transportation, Automotive & LogisticsRetail
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Phone
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Website
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Social
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- Legal Name Parcelport Solutions, Inc
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Annual Revenue
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Net Profit
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Latest Funding Round
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Products & Services of Parcel Port
Parcel Port offers a comprehensive portfolio of products and services, including Smart Lockers, Residential Solutions, and Retail Solutions. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Hardware for secure parcel storage and efficient delivery.
Software for managing residential parcel handling and retrieval.
System for retail returns and package acceptance.
Funding Insights of Parcel Port
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Investments & Acquisitions by Parcel Port
| 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 - Parcel Port
| 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 |
Parcel Port Comparisons
Competitors of Parcel Port
Parcel Port 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 BufferBox, FLEXIPASS, Snaile, Real Time Networks and NationWide Self Storage, 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 |
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| domain | founded_year | HQ Location |
Automated kiosks are operated for convenient parcel retrieval.
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| domain | founded_year | HQ Location |
Offers mobile, web, and wallet keys for keyless access in hospitality.
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| domain | founded_year | HQ Location |
Automated smart parcel lockers for residential, commercial, and retail properties in Canada.
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| domain | founded_year | HQ Location |
Offers smart systems for tracking assets, keys, and enhancing operational security in various industries.
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| domain | founded_year | HQ Location |
Storage locker solutions are offered for personal and business needs.
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| domain | founded_year | HQ Location |
Provides smart lockers for efficient package delivery and storage solutions.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Parcel Port
When was Parcel Port founded?
Parcel Port was founded in 2017.
Where is Parcel Port located?
Parcel Port is headquartered in Vaughan, Canada. It is registered at Vaughan, Ontario, Canada.
What does Parcel Port do?
ParcelPort Solutions delivers advanced smart locker systems to streamline parcel delivery, storage, and retrieval across North America. They serve residential properties, retailers, and couriers by integrating hardware and software that reduce costs and enhance efficiency. Activities include handling incoming packages, returns, and logistics operations for businesses and consumers alike.
Who are the top competitors of Parcel Port?
Parcel Port's top competitors include BufferBox, NationWide Self Storage and FLEXIPASS.
What products or services does Parcel Port offer?
Parcel Port offers Smart Lockers, Residential Solutions, and Retail Solutions.