
Paccurate, a leading packing intelligence platform for parcel shippers, has successfully raised $8.1 million in Series A funding. The round was led by High Alpha, with participation from Tech Square Ventures, Grand Ventures, Hyde Park Angels (HPA), Las Olas Venture Capital, Springtime Ventures, and Royal Street Ventures.
With e-commerce on the rise and increasing pressure on companies to reduce shipping costs while meeting environmental, social, and governance (ESG) goals, Paccurate’s patented technology is designed to make packing decisions smarter. Their platform helps businesses optimize packing in real-time, leading to cost savings and sustainability improvements. Customers such as Daily Harvest, Our Place, and Barrett Distribution Centers have achieved up to a 15% reduction in shipping costs, lowered Scope-3 emissions, and reduced corrugate usage by 14%.
“The next big advancement in supply chain efficiency is smarter packing,” said Paccurate Co-Founder and CEO James Malley. “Packing decisions shouldn’t only focus on space but also on external factors like carrier rates, labor, and materials. Paccurate is the first platform to combine all these elements to identify the best packaging solutions for companies, reducing both costs and waste.”
Paccurate’s platform features a lightweight API that suggests optimal packing solutions for every shipment, and their powerful analysis tool, PacSimulate, identifies the ideal carton mix while measuring the effects of changes to warehouse automation. These tools help lower shipping costs, reduce waste, and ensure compliance with evolving packing efficiency regulations.
“Paccurate’s innovative solution allows companies to optimize packing in real time, saving costs and supporting ESG initiatives,” said David Mintz, Chief Supply Chain Officer at NDC. “Their platform is changing the way we think about packing and shipping for the better.”
With this new funding, Paccurate plans to expand its platform capabilities, form partnerships with solution providers, and grow its customer base.
“Packing optimization presents a significant opportunity for shippers and retailers to not only gain a competitive edge but also comply with new regulatory standards for efficiency,” said Seth Corder, Partner at High Alpha. “We’re excited to support Paccurate as they lead the future of packing intelligence.”
Blake Patton, Managing Partner of Tech Square Ventures, added, “As e-commerce demand surges, packaging has become a critical area of focus. Paccurate’s continuous innovation in packing optimization is why we’re excited to strengthen our partnership with the team.”
About Paccurate
Paccurate specializes in packing optimization for parcel shippers. Their platform helps companies identify ideal carton sizes and efficiently pack orders, saving up to 15% on transportation costs and reducing their environmental impact. To learn more, visit paccurate.io.