Parcelly

London, United Kingdom Founded: 2014 • Age: 12 yrs
Network of collection points for shipping online purchases
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About Parcelly

Parcelly is a company based in London (United Kingdom) founded in 2014.. Parcelly has raised $6.7 million across 1 funding round from investors including Scania. Parcelly offers products and services including PUDO, Cross Docking, Hyperlocal Warehousing, Returns Management, and Click and Collect. Parcelly operates in a competitive market with competitors including Collect Plus, Doddle, HubBox, CornerDrop and Itsharry, among others.

  • Headquarter London, United Kingdom
  • Sectors
    Transportation, Automotive & Logistics
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Parcelly Limited
  • Date of Incorporation 25 Apr, 2014
  • Jurisdiction LONDON, ENGLAND
Operational Areas
Transportation, Automotive & Logistics → Supply Chain, Freight & Logistics
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $6.7 M (USD)

    in 1 rounds

  • Latest Funding Round
    $6.7 M (USD), Series A

    Mar 29, 2022

  • Investors
  • Employee Count
    Employee Count
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Products & Services of Parcelly

Parcelly offers a comprehensive portfolio of products and services, including PUDO, Cross Docking, Hyperlocal Warehousing, Returns Management, and Click and Collect. 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.

Primary

Enables pick-up and drop-off for e-commerce parcels.

Optimizes last-mile distribution and efficiency.

Provides on-demand retail storage for fast fulfillment.

Handles secure and convenient return options.

Offers consumer-controlled pickup at locations.

People of Parcelly
Headcount 10-50
Employee Profiles 9
Board Members and Advisors 3
Employee Profiles
People
Sebastian Steinhauser
Founder & CEO
People
Michael Jequier
Head of Operations, UK
People
Michael Kuhlmann
Freelance CTO
People
Arbaz Soudagar
Operations And Performance Associate

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Board Members and Advisors
people
Sadiq Mohammed
Director
people
Max Blatt
Director
people
Ken Allen
Director

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Funding Insights of Parcelly

Parcelly has successfully raised a total of $6.7M through 1 strategic funding round. The most recent funding activity was a Series A round of $6.7 million completed in March 2022. 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 Rounds 1
  • Last Round Series A — $6.7M
  • First Round

    (29 Mar 2022)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2022 Amount Series A - Parcelly Valuation Scania
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 Parcelly

Parcelly has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Scania. 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.

All
Institutional
Investor Description Founded Year Domain Location
Commercial vehicles including trucks and buses are manufactured and serviced.
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 Parcelly

Investments
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 - Parcelly

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Parcelly Comparisons

Employees
+
Add Comparison
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Competitors of Parcelly

Parcelly 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 Collect Plus, Doddle, HubBox, CornerDrop and Itsharry, 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
Parcels are dropped off and collected at local retail stores.
domain founded_year HQ Location
Parcel delivery is facilitated through local store access points.
domain founded_year HQ Location
Alternate delivery solution for online bought items
domain founded_year HQ Location
Offers on-demand package delivery services through local stores
domain founded_year HQ Location
Offers proxy address and scheduled last-mile delivery services for customers.
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.

Latest news on Parcelly

Frequently Asked Questions about Parcelly

When was Parcelly founded?

Parcelly was founded in 2014 and raised its 1st funding round 8 years after it was founded.

Where is Parcelly located?

Parcelly is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

Is Parcelly a funded company?

Parcelly is a funded company, having raised a total of $6.7M across 1 funding round to date. The company's 1st funding round was a Series A of $6.7M, raised on Mar 29, 2022.

What does Parcelly do?

Parcelly was founded in 2014 in London, United Kingdom, within the logistics sector. Operations center on an app that enables online shoppers to redirect deliveries to nearby collection points in shops, gyms, and dry cleaners. Local businesses are invited to register as collection centers. Services are structured around a subscription model, including per-package fees and monthly plans, to address missed delivery issues.

Who are the top competitors of Parcelly?

Parcelly's top competitors include Doddle, Collect Plus and HubBox.

What products or services does Parcelly offer?

Parcelly offers PUDO, Cross Docking, Hyperlocal Warehousing, Returns Management, and Click and Collect.

Who are Parcelly's investors?

Parcelly has 1 investor. Key investors include Scania.

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