Parcelly: on an exciting journey to change the way local warehouses are sourced

Parcelly: on an exciting journey to change the way local warehouses are sourced

Parcelly, the UK’s carrier agnostic logistics tech platform has announced its Series A funding round of $6.7 million led by Scania Growth Capital.

The funding will enable Parcelly’s strategic expansion in the U.S. and continental Europe and further accelerate its platform development.

Founded in 2014 by Sebastian Steinhauser, Parcelly has been revolutionising the world of urban logistics, resolving first and last mile challenges by activating excess space in real estate for E-commerce and logistics through its proprietary mobile app technology. Today, the company focuses on B2B partnerships internationally. Through its services such as Click & Collect, Hyper-local Warehousing and Returns Consolidation, Parcelly’s global clients and partners include DHL Express, Stuart (GeoPost), Deliveroo, UberEats and JustEat and retailers such as Krispy Kreme, Aesop, Community Fibre and Bryson.

Sebastian Steinhauser, CEO and Founder of Parcelly says: “Parcelly makes effective use of available space to offer the broad range of services online retailers and carriers need to meet consumer expectations, efficiency and sustainability goals. We’re super excited and proud to be on this journey and to welcome Scania Growth Capital on board as investors.”

Christian Zeuchner, Partner at East Hill Equity, Investment Manager for Scania Growth Capital commented: “Parcelly are on an exciting journey to change the way local warehouses are sourced and managed, enabling efficient last mile delivery and making most efficient use of existing space and resources in relevant demand pockets. The offering suits most retail markets and segments, and supporting Parcelly in their continued growth with both investment and the industry experience from Scania is a very good strategic fit for the portfolio of Scania Growth Capital.”

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