Packlane, Inc.

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Packlane, Inc. - overview

Established

2015

Location

Louisville, KY, US

Primary Industry

Internet

About

Packlane, Inc. is a custom packaging company specializing in bespoke solutions for businesses, offering a user-friendly platform for designing shipping and product boxes tailored to e-commerce and retail needs. Founded in 2015, Packlane, Inc. is headquartered in Louisville, US, and provides custom packaging solutions through its online platform.


The company raised USD 4. 00 mn in a Series A funding round in June 2018, led by Breakout Capital with participation from Draper Associates. The founder, Miriam Brafman, has a history of entrepreneurship, although details of previous ventures are not disclosed. Packlane specializes in custom packaging solutions, offering a diverse range of products such as shipping boxes, mailer boxes, and product boxes.


Their core service allows businesses to design fully customized boxes, catering to e-commerce brands, retail packaging, and subscription services. Clients can utilize a user-friendly online design tool that enables them to select size, material, and printing options, providing instant quotations and real-time updates during the design process. These products are used by various end users, including small businesses and large retailers, primarily in North America and Europe, enhancing brand presentation and ensuring product protection during transit. Packlane's revenue model is based on direct-to-consumer and business-to-business transactions, providing tailored packaging solutions for clients ranging from startups to established brands.


The company generates income through one-time purchases and recurring orders via their online platform, where clients can customize their packaging needs. The pricing structure varies according to product specifications, catering to clients with low minimum quantities and bulk orders. Featured products include mailer boxes and eco-friendly shipping solutions, aligning with market demands for sustainability and brand identity. Packlane plans to utilize the USD 4.


00 mn raised in their Series A funding round to enhance their platform with new features and expand their product offerings. The company is developing innovative packaging solutions set to launch in 2024, aiming to enter additional markets in Europe and Asia by the same year. These initiatives are part of a broader strategy to meet the growing demand for personalized packaging solutions across various industries.


Current Investors

Draper, Breakout Capital

Primary Industry

Internet

Sub Industries

Packaging, Search Engines, Web Applications

Website

www.packlane.com

Verticals

E-commerce, FinTech

Company Stage

Series A

Total Amount Raised

Subscriber access only

Packlane, Inc. - employee data

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