Bregal Milestone Led A Series Round Of Million Dollars

Since its inception 5 years ago, Paack’s ambition, driven by a deep passion for customer excellence. Has been to provide its customers with the most convenient, fastest and most accurate delivery experience possible. Paack set out to offer Bregal Milestone a high added value offer based on its own technology. And today it enjoys the leading position in the European market for scheduled deliveries. Paack provides its customers with a complete end-to-end product and operations ecosystem. Offering warehouse management, fulfillment and delivery applications, as well as retailer-specific systems and payment integrations . With a team of 530 employees , Paack currently delivers several million orders per month from 150 international customers. With an operational network in more than 100 cities facilitated by more than 3,000 professional couriers.

investing in operational efficiency and product Bregal Milestone

With Paack, companies can offer their users the possibility of selecting the time slot that most interests. Offering flexibility and reducing waiting times. The delivery options offered are diverse and can be for the same day or for the next day. In addition, the customer can track their order and the delivery person in real time. Once receive, the customer will be able to assess the delivery experience once the order is complete. After the good initial experience with El Corte Inglés, the company has worked with companies such as Decathlon, Vodafone, Nespresso or MediaMarkt. The precedent of 2020 In November 2020, Bregal Milestone led a Series C round of 53 million dollars (about 44.6 million euros), the largest investment round for a startup in Spain that year.

Olivier Colinet

Also participating in the round were current investors Unbound, RPS Ventures, Rider Global and Fuse Ventures.Paack announced that he would allocate this investment to speed up expansion in Spain and Europe . Related Posts This will be Pick & Pack 2022: the largest event in the packaging and intralogistics sector SeQura closes international investment to boost its deferred payment services abroad Channable closes a round of financing for 55 million euros to strengthen its international expansion Paack then explained in a statement that it intended to strengthen its position by investing in operational efficiency and product innovation , expanding its delivery coverage and developing its software platform. The management team had been strengthened by the hiring of former CTO and co-founder of Google Cloud EMEA, Olivier Colinet as CTPO. Linking Realities.

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