About Parcel2Go
Parcel2Go is a company based in Bolton (United Kingdom) founded in 2000 by Fil Adams-Mercer and Richard Adams-Mercer was acquired by EQT in June 2021.. Parcel2Go has raised $660.53 thousand across 1 funding round from investors including EQT and Mayfair Equity. Parcel2Go has completed 1 acquisition, including National Pallets. Parcel2Go offers products and services including Quick Quote Tool, Parcel Tracking, and Smart Send. Parcel2Go operates in a competitive market with competitors including ParcelHero.com, My Parcel Delivery, Weengs, Boxby and Interparcel, among others.
- Headquarter Bolton, United Kingdom
- Founders Fil Adams-Mercer, Richard Adams-Mercer
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Sectors
Transportation, Automotive & Logistics
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Parcel2go.Com Limited
- Date of Incorporation 13 Mar, 1991
- Jurisdiction BOLTON, ENGLAND
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$660.53 K (USD)
in 1 rounds
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Latest Funding Round
$660.53 K (USD), Seed
Nov 20, 2017
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Investors
EQT
& 1 more
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Employee Count
Employee Count
- Investments & Acquisitions
- Acquired by
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Products & Services of Parcel2Go
Parcel2Go offers a comprehensive portfolio of products and services, including Quick Quote Tool, Parcel Tracking, and Smart Send. 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.
Online tool for comparing and booking parcel delivery options quickly.
Free service to monitor parcel status during transit.
Platform for bulk sending and managing ecommerce deliveries.
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Funding Insights of Parcel2Go
Parcel2Go has successfully raised a total of $660.53K through 1 strategic funding round. The most recent funding activity was a Seed round of $660.53 thousand completed in November 2017. 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 — $660,532
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First Round
First Round
(20 Nov 2017)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2017 | Amount | Seed - Parcel2Go | Valuation |
investors |
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| 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 Parcel2Go
Parcel2Go has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include EQT and Mayfair Equity. 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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EQT is recognized as a global investment organization focused on value creation.
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Founded Year | Domain | Location | |
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UK private equity investments are managed by Mayfair firm.
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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 Parcel2Go
Parcel2Go has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include National Pallets. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Pallet delivery and transportation services are provided nationwide.
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2009 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Parcel2Go
| 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 |
Parcel2go Comparisons
Competitors of Parcel2Go
Parcel2Go 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 ParcelHero.com, My Parcel Delivery, Weengs, Boxby and Interparcel, 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 |
Courier services are compared and booked via an online marketplace.
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| domain | founded_year | HQ Location |
Courier rate comparison and booking platform
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| domain | founded_year | HQ Location |
Functions as an online marketplace for shipping services.
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| domain | founded_year | HQ Location |
UK-based courier services aggregator
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| domain | founded_year | HQ Location |
Operates an online marketplace for courier services.
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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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Latest news on Parcel2go
Frequently Asked Questions about Parcel2Go
When was Parcel2Go founded?
Parcel2Go was founded in 2000 and raised its 1st funding round 17 years after it was founded.
Where is Parcel2Go located?
Parcel2Go is headquartered in Bolton, United Kingdom. It is registered at Bolton, Greater Manchester, United Kingdom.
Who is the current CEO of Parcel2Go?
Paul Doble is the current CEO of Parcel2Go.
Is Parcel2Go a funded company?
Parcel2Go is a funded company, having raised a total of $660.53K across 1 funding round to date. The company's 1st funding round was a Seed of $660.53K, raised on Nov 20, 2017.
What does Parcel2Go do?
Parcel2Go was founded in 2000 in Bolton, United Kingdom, within the logistics sector. A platform is provided for users to compare prices and book services from partners including FedEx, TNT, UPS, and Yodel. Domestic and international shipping to over 180 countries is facilitated for home and business users. Operations focus on aggregating courier options for parcels, with rates from providers like Parcelforce and Hermes also accessible.
Who are the top competitors of Parcel2Go?
Parcel2Go's top competitors include My Parcel Delivery, ParcelHero.com and Boxby.
What products or services does Parcel2Go offer?
Parcel2Go offers Quick Quote Tool, Parcel Tracking, and Smart Send.
How many acquisitions has Parcel2Go made?
Parcel2Go has made 1 acquisition, including National Pallets.
Who are Parcel2Go's investors?
Parcel2Go has 2 investors. Key investors include EQT, and Mayfair Equity.
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