PICKUP Raises $15M Series B Funding to Meet Demand for Omnichannel Delivery as a Service

31 Mar, 2021

PICKUP Raises $15M Series B Funding to Meet Demand for Omnichannel Delivery as a Service
Photo by Stanley Dai on Unsplash

– PICKUP, an enterprise-grade, last-mile delivery solution provider for leading retailers and commercial businesses, today announced it has closed $15M in a Series B funding round.
– The round was led by NewRoad Capital Partners with participation from existing investors TDF Ventures, Noro-Moseley Partners and Florida Funders. Additional investors in the round include Autotech Ventures and the New York Angels.
– Proceeds from the round will help PICKUP expand its geographic reach and scope of services, further accelerating PICKUP’s rapid growth.
– In response to increasing demands from leading retailers and commercial partners, PICKUP has expanded its fulfillment capabilities to meet its customers’ increasing expectations for fast, convenient delivery service.

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