Singapore startup Parcel Perform raises US$1.1M to help e-merchants track deliveries
Parcel Perform will use the funding to grow its product and reach into new markets
Singapore- and Vietnam-based logistics startup Parcel Perform has raised a US$1.1 million seed round from Wavemaker Partners. 500 Durians, the Southeast Asia fund of 500 Startups, also participated in the round.
Parcel Perform will use the newly-raised funding to grow its logistics solutions and expand to new markets.
Founded 1.5 years ago by co-founders Dana von der Heide and Arne Jeroschewski, Parcel Perform provides parcel tracking solutions for e-merchants. These include a branded tracking page, automated delivery notifications, customer service interface, and actionable analytics to track carriers and shipments in real time.
End consumers can also track their parcel deliveries via Parcel Perform’s B2C product, Parcel Monitor.
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Currently, the startup has partnerships with more than 570 carriers and caters to over 20 languages. Merchants can integrate Parcel Perform via a subscription service that is offered in three tiers; the silver tier, which costs US$49 per month, includes the delivery and tracking of 500 parcels, with each parcel costing US$0.01 after that.
“This is a very exciting time, not only for our growing Parcel Perform team but also for merchants worldwide. Online shoppers are demanding more of e-commerce merchants, especially when it comes to the after-checkout experience. This is where Parcel Perform comes in. We help drive merchants’ growth and improve their customers’ loyalty,” said Jeroschewski, in an official press statement.
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Image Credit: Parcel Perform
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