About Paccurate
Paccurate is a packing and cartonization API platform for the shipping industry. Their software combines bin-packing algorithms and costing logic to optimize packing activities, reduce shipping costs, and enhance fulfillment speed while minimizing carton waste.
Investment Thesis
Inefficiencies with packaging in the e-commerce industry lead to $30B in annual costs and environment damages from the 58 million daily parcels shipped in the U.S. alone. Paccurate’s API-based solution helps eliminate these costs while reducing environmental impact, which is a compelling value proposition for businesses looking to optimize their shipping activities.
2023
First Check
Logistics
Industry
Seed
Investment Type
II
LOVC Fund