Pallet picks up $27 million in Series B funding for AI tech that makes supply chain operators more efficient
· Source: retailtechinnovationhub.com
In short
Pallet has secured $27 million in Series B funding led by General Catalyst, bringing its total funding to $50 million. The company's AI workforce, CoPallet, helps logistics operators save costs by automating repetitive tasks, with one midsized carrier reallocating 25 employees and saving millions. The funding will be used to expand product and engineering teams to meet growing customer demand.
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In the issue of week 22, 2025: Agentic AI Drives Real-Time Supply Chain Resilience and Automation Breakthroughs
Tags: logistics, automation, funding, AI, supply chain, efficiency