About USPack Logistics
USPack Logistics is a company based in New York (United States) founded in 1986 was acquired by Plexus Capital in February 2017.. USPack Logistics has raised $9.5 million across 1 funding round from investors including Fidus Investment, NewSpring Capital and Plexus Capital. The company has 554 employees as of December 31, 2021. USPack Logistics has completed 4 acquisitions, including Fleetgistics, Freight Rite and Gumro & Associates. USPack Logistics offers products and services including Final Mile Delivery and White Glove Delivery.
- Headquarter New York, United States
- Employees 554 as on 31 Dec, 2021
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Phone
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Website
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Social
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- Legal Name Uspack
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$9.5 M (USD)
in 1 rounds
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Latest Funding Round
$9.5 M (USD), Private Equity Round
Jun 01, 2015
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Investors
Fidus Investment
& 2 more
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Employee Count
554
as on Dec 31, 2021
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Investments & Acquisitions
Fleetgistics
& 3 more
- Acquired by
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Products & Services of USPack Logistics
USPack Logistics offers a comprehensive portfolio of products and services, including Final Mile Delivery and White Glove Delivery. 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.
Final mile delivery solutions are provided to handle last-leg logistics for various sectors.
White glove delivery and assembly services are offered for items like furniture and equipment to ensure professional handling.
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Funding Insights of USPack Logistics
USPack Logistics has successfully raised a total of $9.5M through 1 strategic funding round. The most recent funding activity was a Private Equity Round round of $9.5 million completed in June 2015. 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 Private Equity Round — $9.5M
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First Round
First Round
(01 Jun 2015)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2015 | Amount | Private Equity Round - USPack Logistics | Valuation |
investors |
| 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 USPack Logistics
USPack Logistics has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Fidus Investment, NewSpring Capital and Plexus 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 |
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PE firm investing in the US
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Founded Year | Domain | Location | |
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Investment firm focusing on lower-middle market growth, healthcare, and various strategies.
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Founded Year | Domain | Location | |
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Middle-market companies are targeted by the investment management 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 USPack Logistics
USPack Logistics has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Fleetgistics, Freight Rite and Gumro & Associates. 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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Logistics, warehousing, transportation, and home delivery services are provided.
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2005 | ||||
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Logistics and transportation services are provided across the United States.
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1983 | ||||
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Custom same-day logistics solutions are delivered nationwide for key industries.
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1980 |
| 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 - USPack Logistics
| 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 |
Uspack Logistics Comparisons
Competitors of USPack Logistics
| 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 USPack Logistics
When was USPack Logistics founded?
USPack Logistics was founded in 1986 and raised its 1st funding round 29 years after it was founded.
Where is USPack Logistics located?
USPack Logistics is headquartered in New York, United States. It is registered at New York, New York, United States.
Is USPack Logistics a funded company?
USPack Logistics is a funded company, having raised a total of $9.5M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $9.5M, raised on Jun 01, 2015.
How many employees does USPack Logistics have?
As of Dec 31, 2021, the latest employee count at USPack Logistics is 554.
What does USPack Logistics do?
USPack Logistics was founded in 1986 as a provider of bonded courier and messenger services in the New York, New Jersey, and Connecticut region. Operations focus on logistics management solutions, including legal and accounting services, routed delivery, warehousing, on-demand services, STAT delivery, and tracking capabilities. The company serves the transportation and logistics sector across this tri-state area.
What products or services does USPack Logistics offer?
USPack Logistics offers Final Mile Delivery and White Glove Delivery.
How many acquisitions has USPack Logistics made?
USPack Logistics has made 4 acquisitions, including Fleetgistics, Freight Rite, and Gumro & Associates.
Who are USPack Logistics's investors?
USPack Logistics has 3 investors. Key investors include Fidus Investment, NewSpring Capital, and Plexus Capital.