Total amount raised
$6 Millions
Latest funding date
4/1/2024
Location
ClickPost has successfully raised $6 million in a Series A funding round, with contributions from Athera Venture Partners and other investors. The logistics intelligence platform continues to attract significant interest from the investment community.
Keep reading to explore the intricacies of ClickPost's fundraising journey and the investors backing this innovative platform.
What Is ClickPost?
ClickPost, founded in 2015, is a logistics intelligence platform based in New Delhi, India. The company specializes in shipment tracking software, helping e-commerce businesses streamline their shipping and delivery operations globally.
Founded by Lokesh Kumar, Naman Vijay, and Prashant Gupta, ClickPost leverages data science to enhance supply chain performance. The platform uses multi-carrier shipping software to select the best carrier for each order based on business priorities.
With a team of 51-100 employees, ClickPost continues to innovate in the logistics sector, providing integrated shipment tracking systems to its clients.
How Much Funding Has ClickPost Raised?
- Series A
- Amount Raised: $6,000,000
- Date: April 16, 2024
- Lead Investors: Inflexor Ventures and Athera Venture Partners
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To launch new AI-driven modules, support global growth, and increase hiring.
- Seed Round
- Amount Raised: Undisclosed
- Date: April 1, 2020
- Lead Investors: Gemba Capital and three other investors
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To develop the initial platform and expand market reach.
Total Amount Raised: $6,000,000
Current Valuation: Not publicly disclosed
Key Investors
- Inflexor Ventures
- Details: Inflexor Ventures is a venture capital firm that invests in early-stage technology startups. They focus on companies with innovative solutions and scalable business models.
- Investment Focus Areas: Technology startups, AI, deep tech, enterprise software.
- Notable Investments: Not specified in the sources.
- Athera Venture Partners
- Details: Athera Venture Partners is a venture capital firm that invests in early to growth-stage companies. They aim to support category-defining technology and tech-based companies.
- Investment Focus Areas: Technology, healthcare, consumer sectors.
- Notable Investments: Not specified in the sources.
- Riverwalk Holdings
- Details: Riverwalk Holdings is an investment firm that provides capital to high-growth companies. They participate in various funding rounds to support business expansion.
- Investment Focus Areas: High-growth companies across various sectors.
- Notable Investments: Not specified in the sources.
- Rebright Partners
- Details: Rebright Partners is a venture capital firm that invests in early-stage technology companies. They focus on startups with innovative solutions in the tech and internet sectors.
- Investment Focus Areas: Technology, IT, digital transformation.
- Notable Investments: Not specified in the sources.
What's Next for ClickPost?
ClickPost stands at the cusp of significant opportunities, driven by the rising demand for efficient digital logistics solutions. With plans to launch new AI-driven modules and expand globally, the company aims to grow fivefold in the next two years. This ambitious growth trajectory is supported by their recent $6 million Series A funding, positioning them to capture a larger share of the e-commerce logistics market.
Future fundraising seems inevitable as ClickPost scales its operations and enhances its product offerings. The company’s focus on innovation and capital efficiency will likely attract further investment, enabling them to compete with industry giants like Amazon. However, challenges such as maintaining service quality and navigating competitive pressures will test their resilience.
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