Exclusive: Logistics software startup Pallet closes $27M Series B
· Source: axios.com
In short
Pallet, a transportation and warehouse software startup, has secured a $27 million Series B funding round led by General Catalyst. The company's AI-powered CoPallet platform automates administrative tasks like customs filings and invoicing, aiming to reduce costs in the $11 trillion logistics industry. The funding will support expansion into route planning and forecasting.
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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, AI, warehouse, startup, funding