Parcify N.V.

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Parcify N.V. - overview

Established

2015

Location

Antwerp, -, Belgium

Primary Industry

Consumer Services

About

Parcify N. V. is a logistics and technology company that delivers innovative shipping solutions tailored for e-commerce businesses, enhancing customer satisfaction through efficient delivery and tracking services. Founded in 2015 in Antwerp, Belgium, Parcify N.


V. specializes in logistics solutions for online retailers. The company has engaged in three notable deals, with its most recent funding round occurring on August 18, 2016, when it raised a undisclosed amount in Series A funding from bpost NV-SA. Key founders Jonas Coenen and Pieter Hayen have backgrounds that support their venture in logistics and technology.


Parcify provides a range of logistics services designed for e-commerce businesses, including a suite of shipping and tracking options. Their solutions aim to address common shipping challenges, offering services such as standard and express delivery, as well as real-time tracking, to enhance operational efficiency for online retailers. The company operates across Europe and North America, ensuring comprehensive service coverage for its clients. In the most recent fiscal year of 2019, Parcify reported revenues of USD 446,555.


20, with an EBITDA of USD -96,607. 80, highlighting the company's current financial trajectory within the logistics sector. Parcify N. V.


plans to enhance its service offerings by launching new products aimed at improving delivery processes for e-commerce businesses. The company is also targeting expansion into new geographic markets, specifically focusing on increasing its presence across additional urban centers in Europe and North America. The funds raised during the Series A round in August 2016 are anticipated to support these growth initiatives, enabling the company to develop its product line and expand its operational footprint.


Current Investors

bpost NV-SA

Primary Industry

Consumer Services

Sub Industries

Courier & Delivery Services, Web Applications, Logistics Software

Website

www.parcify.com

Verticals

Mobile Apps

Company Stage

Angel & Seed

Total Amount Raised

Subscriber access only

Parcify N.V. - financials

Fiscal Year EndedDec 31, 2016Dec 31, 2017Dec 31, 2018Dec 31, 2019
Revenue (USD)15,123---
% Revenue Growth (YoY)----
EBITDA (USD)(888,094)---
Operating Income (USD)(988,230)---
Operating Margin(6534.6%)---
% EBITDA Margin(5872.5%)---
NET Income (USD)(1,004,035)---
% Net Margin(6639.1%)---

Parcify N.V. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
AngelCompletedParcify N.V.-
Series ACompletedParcify N.V.-
AngelCompletedParcify N.V.-

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Parcify N.V. - employee data

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