Selections #24 – Paack, LivingPackets, Shippeo, Warehousing1

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Paack – Leaders in scheduled e-commerce deliveries

Spain-based, 2015 founded, $29.5m raised, 101-250 employees, working with Decathlon, Nespresso, Vodafone

Where’s the good stuff?

They closed a $20m Series B round in July of last year from Unbound, Rider Global, Castel Capital and others. They’ve recently tripled their operations in the United Kingdom, renting a 33,446 sq ft warehouse in London.

What do they do?

Paack is an elastic last-mile delivery service allowing supply chains to remain agile in order to meet demand. They currently focus on the retail and eCommerce market where they provide scheduled deliveries, data analysis to increase online sales, and end-user tracking so that customers can see exactly when their package will be delivered. 

Paack is carbon neutral, planting trees in accordance with all their deliveries for retailers. They deliver cold items with ensured temperature control and importantly place customer service as the top priority for their deliveries, helping their clients’ brands maintain favour in the eyes of the customers. They have an average user-rating on 4.8/5, over 60 international clients in 5 countries, and a 96% success-rate on the first delivery attempt.

LivingPackets – Smart. Secure. Sustainable

France-based, 2016 founded, €5.0m raised, 25-50 employees, working with Cdiscount, chronopost, Orange

Where’s the good stuff?

They raised €5.0m from their “Sharing-Angels” Crowdfunding campaign as of April 14, 2020, with over 4500 people donating to date. An Honoree at the CES innovation awards 2020, and a Green Alley Award finalist in 2019, LivingPackets partnered with Cdiscount, chronopost (part of DPD group), and Orange to run the first successful tests of their intelligent packaging.

What do they do?

LivingPackets is creating a circular economy with IoT enabled packaging for eCommerce to replace cardboard boxes. Their product, aptly named THE BOX, allows for the consumer to change the size of the package to fit their needs, is completely reusable (up to 1000 times technically), and allows for tracking through their app via built-in hardware and internet connection. 

THE BOX features a built-in holding mechanism, IoT enabled lock that notifies you if someone attempts to break in, an electronic paper display that allows you to change the shipping details each time, a expanded polypropylene case, and sensors that monitor temperature, humidity, and drop shocks. 

“THE BOX eliminates 100 billion cartons each year, saving 700 million trees while delivering the best e-commerce experience.”

Alexander Cotte, CEO

Shippeo – Never again be surprised by a late delivery

France-based, 2014 founded, €32.1m raised, 50-100 employees, working with Intermarché, Leroy Merlin, Saint-Gobain

Where’s the good stuff?

They secured a €20m Series B round in Q1 2020, led by NGP Capital (Nokia’s corporate venturing arm), with support from ETF Partners, Partech and Bpifrance. They currently track more than 5 million loads per year , have more than 140,000 partners, and are available in over 40 countries. Over the last year, Shippeo increased its turnover by 300 percent, positioning itself as one of the fastest-growing start-ups in Europe.

What do they do?

Shippeo gives their clients instant access to predictive and real-time information for any goods transported as LTL (less than truckload), FTL (full truckload), ocean cargo, or parcel, to improve transportation operations by analysing delivery data across their entire supply chain. Through Shippeo’s proprietary ML algorithm, customers can anticipate if a shipment will be late and communicate this in realtime to their retail stores. The algorithms have, to date, been able to calculate ETAs with 98 percent accuracy and reduce transport litigations and penalties by 20%.

Shippeo is connected to over 500 existing telematics solutions through the largest partner network in Europe, collecting real-time data from road, ocean, and parcel carriers in more than 20 countries. With no hardware instillation required, implementation is simple and ROI is quick.

Warehousing1 – Warehousing, made simple

Germany-based, 2018 founded, Undisclosed raised, 10-25 employees, working with BVL, Bitkom, Bundesvereinigung Nachhaltigkeit

Where’s the good stuff?

They recently received a multi-million euro seed extension from HV Holtzbrinck Ventures, Base10 Partners, and Discovery Ventures. As a young company, they already claim an impressive 150 customers on their platform ranging from e-commerce startups to industrial and retail groups. 

What do they do?

Warehousing1 is building a warehousing and distribution network across Europe. Companies can utilise the innovative platform to find ideal warehousing solutions anywhere, manage them digitally and optimise processes across them by gaining real-time visibility and data transparency.

This provides a more flexible and cost-effective setup compared to renting space over a fixed contract period, or even building or buying new warehousing. Customers can set up various sales locations that are billed variably depending on the workload – rented centrally and digitally managed via the Warehousing1 platform. This means that the capacity can be flexibly expanded in the event of seasonal fluctuations in storage requirements and the customer only pays for the space actually used.

Check out their blog here for some interesting articles, including ‘Own warehouse vs. External fulfilment: which one fits my company better?’

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