A Singapore Based Parcel Perform Has Raised US$20M in Series A Funding

Parcel Perform, a Singapore-based cloud-based conveyance experience platform for internet business organizations around the world, raised US$20M in Series A funding.

The round was driven by Cambridge Capital, with participation from new financial backer SoftBank Ventures Asia and existing financial backers Wavemaker Partners and Investible.

The company expects to utilize the assets to:

establish a regional headquarters in North America and develop to 150 representatives globally before the year’s over

work out its innovation offerings and put further in artificial knowledge (AI) arrangements, including scaling its proprietary ‘Date of Arrival’ expectation motor which allows customers to know definitely when their parcels will arrive.

Driven by Dr. Arne Jeroschewski, CEO and fellow benefactor, and Dana von der Heide, CCO and prime supporter, Parcel Perform is a conveyance experience platform which enables present day online business ventures to create start to finish customer travels and enhance coordinations operations with data integrations, parcel tracking, conveyance notifications and coordinations performance reports in real-time. Its SaaS platform executes more than 100M parcel updates daily and integrates with 700+ carriers. The company, which is advancing innovative ML/AI use cases in online business coordinations including its above mentioned ‘Date of Arrival’ expectation motor, is the partner of decision for top brands, marketplaces and carriers across all major verticals globally.