Tech Company Financing Transactions

Pallet Funding Round

Pallet, based in San Francisco, received $27 million from General Catalyst, Activant Capital Group and Bain Capital Ventures.

Transaction Overview

Company Name
Announced On
5/27/2025
Transaction Type
Venture Equity
Amount
$27,000,000
Round
Series B
Proceeds Purpose
The company intends to use the funds to expand its product and engineering teams and scale its AI workforce to meet the needs of its customer base across freight brokers, 3rd party logistics providers, freight forwarders, carriers, and shippers.

Company Information

Company Status
Private & Independent
Industry
Transportation
Mailing Address
Undisclosed
San Francisco, CA 94108
USA
Phone
Undisclosed
Email Address
Not Recorded
Overview
Sushanth and Andrew noticed the logistics industry still used outdated systems and processes. In under a year, they launched an innovative cloud-based logistics software that enables companies to manage their entire supply chain end-to-end including transportation management, warehouse management, and order fulfillment.
Profile
Pallet LinkedIn Company Profile
Social Media
Pallet Company Twitter Account
Company News
Pallet News
Facebook
Pallet on Facebook
YouTube
Pallet on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Sushanth Raman
  Sushanth Raman LinkedIn Profile  Sushanth Raman Twitter Account  Sushanth Raman News  Sushanth Raman on Facebook


 

 

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Prev: 5/27/2025: Traceloop venture capital transaction
Next: 5/27/2025: Infinity Constellation venture capital transaction

 

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Where The Data Comes From

We report on funding rounds that are announced publicly. VC investment data records reported here are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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