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Point Pickup Raises $30M to Meet Growing Demand for Enterprise eCommerce Final-Mile Delivery

Oct 08, 2020almost 5 years ago

Amount Raised

$30 Million

Greenwich

Description

 Point Pickup Technologies, the company that has successfully reinvented the final-mile delivery model for many of the US's top eCommerce enterprises, has today raised $30M from BBH Capital Partners. This Series A investment joins previous seed rounds from private investors and CT Innovations, a venture capital group that supports innovation and startups in the state of Connecticut.

Company Information

Company

Point Pickup Technologies

Location

Greenwich, Connecticut, United States

About

Point Pickup (PPUP), an enterprise same-day delivery solutions company, brings precision technology to final-mile delivery with a highly specialized and scalable solution that is being used by many of the country's largest retailers. The technology platform, along with Point Pickup's Driver Match Networks, solves the greatest challenges of the growing same-day delivery market. Point Pickup is the only platform offering pre-scheduled deliveries with favorite drivers while accommodating on-demand requests. PPUP's data-driven platform saves time and money, while maximizing performance, by offering sophisticated matching criteria, optimized routing, selective drivers and an API that easily integrates with e-commerce systems. For more information, visit http://www.pointpickup.com or find us on Twitter, LinkedIn, Facebook and Instagram.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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