About ParcelPal
ParcelPal is a publicly listed company based in Vancouver (Canada) founded in 1997. Local businesses are connected with couriers for on-demand deliveries. Its focus areas include Consumer, Logistics Tech, Parcel and Technology Enablers. Its competitors include UniUni, Routeique and Last Mile AI; 3 of its 3 listed competitors have raised funding.
Company details
ParcelPal was founded in 1997 in Vancouver, Canada, within the logistics sector. An on-demand delivery service is operated by linking local businesses with pre-screened couriers. Same-day and next-day delivery options are provided, along with warehousing support. Individuals are enabled to register on the platform as couriers and track commissions earned from delivery fees. Operations focus on efficient local fulfillment in the region.
- Headquarters Vancouver, Canada
- Stage Public
- SectorsTransportation, Automotive & Logistics
- Website parcelpal.com
- Social LinkedIn X
- Legal Name Parcelpal Logistics Inc.
- Annual Revenue$8.29 M (USD)39.46as on Dec 31, 2022
- Net Profit-$2.6 M (USD)19.81as on Dec 31, 2022
- EBITDA-$1.67 M (USD)25.62as on Dec 31, 2022
- Latest Funding Round$277.88K (USD), Post-IPO
Feb 2024
Funding Insights of ParcelPal
- Total Rounds 5
- Last Round Post-IPO — $277,875
- First Round $996,704
(Oct 2018)
All 5 funding rounds of ParcelPal 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 |
|---|---|---|---|---|---|
| Feb 2024 | $277,875 | Post-IPO | – | – | – |
| Mar 2023 | $406,058 | Post-IPO | – | – | – |
| Jun 2020 | $210,000 | Post-IPO | – | – | – |
| Apr 2020 | Post-IPO | – | – | – | |
| Oct 2018 | $996,704 | Post-IPO | – | – | – |
People of ParcelPal
1 people are tracked at ParcelPal (1 in leadership).
| Name | Role | Group |
|---|---|---|
Rich Wheeless | CEO, CFO and Director | Leadership |
Complete people profiles for ParcelPal
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IPO & Listings of ParcelPal
ParcelPal is a publicly listed company on the OTC with ticker symbol PTNYF in USA, operating in the Transportation sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date16 Apr 2013
- Listed onCSE: PKG
- Listed entityPARCELPAL LOGISTICS INC.
- Exchange sectorTransportation
- ISINCA69938P2052
- Share price$0.00 · 2026-10-06
- Volume (last session)1,468
Financials of ParcelPal
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2022 | $8.3M | -$2.6M | -$1.7M |
| 2021 | $6.0M | -$3.2M | -$2.2M |
| 2020 | $5.0M | -$3.8M | -$2.5M |
Detailed financial statements for ParcelPal
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of ParcelPal
4 dated milestones of ParcelPal across 27 years, from founding to its latest funding, stage changes and deals.
- Founded ParcelPal is founded.
- IPO Lists on the stock exchange (IPO).
- Funding First funding round of $997K.
- Funding Latest funding round, Post-IPO, of $278K.
Competitors of ParcelPal
ParcelPal has 3 listed competitors in our database, 3 of them funded. They include UniUni, Routeique and Last Mile AI.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| uniuni.com | 2019 | Richmond, Canada | $131.9M | E-commerce parcel delivery management solutions are provided with tracking services. | ||
| routeique.com | 2016 | Calgary, Canada | $100,000 | Cloud-based platform for logistics and delivery management is utilized. | ||
| lastmileai.com | 2020 | Innisfil, Canada | $10M | AI and web-based last-mile delivery solutions are provided for logistics. |
Detailed competitors of ParcelPal
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Related news about Parcelpal
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Frequently Asked Questions about ParcelPal
ParcelPal was founded in 1997 and raised its 1st funding round 21 years after it was founded.
ParcelPal is headquartered in Vancouver, Canada. It is registered at Vancouver, British Columbia, Canada.
Annual revenue of ParcelPal is $8.29M as on Dec 31, 2022.
ParcelPal was founded in 1997 in Vancouver, Canada, within the logistics sector. An on-demand delivery service is operated by linking local businesses with pre-screened couriers. Same-day and next-day delivery options are provided, along with warehousing support. Individuals are enabled to register on the platform as couriers and track commissions earned from delivery fees. Operations focus on efficient local fulfillment in the region.
ParcelPal's top competitors include UniUni, Routeique and Last Mile AI.
Yes, ParcelPal is publicly traded on OTC under the ticker symbol PTNYF.