Tech Company Financing Transactions

Perishable Shipping Solutions Funding Round

Perishable Shipping Solutions, based in Youngstown, secured $8.7 million from SJF Ventures, Grotech Ventures and Supply Chain Ventures.

Transaction Overview

Announced On
8/20/2020
Transaction Type
Venture Equity
Amount
$8,700,000
Round
Series A
Investors

SJF Ventures (Lead Investor) (David Griest)

Grotech Ventures (Lawson DeVries)

Supply Chain Ventures

Proceeds Purpose
The capital infusion will be used to meet and accelerate the growing demand for Perishable Shipping Solutions' direct-to-consumer services. PSS plans to add new fulfillment facilities and personnel in several states and to further develop its multi-channel direct shipping and analytics platform.

Company Information

Company Status
Private & Independent
Industry
Transportation
Mailing Address
1130 Performance Pl.
Youngstown, OH 44502
USA
Email Address
Overview
Perishable Shipping Solutions provides pick & pack e-commerce order fulfillment services for food and beverage brands requiring temperature-controlled storage and shipping. PSS operates from bicoastal facilities; its offerings include environmentally responsible packaging and dedicated customer success teams.
Profile
Perishable Shipping Solutions LinkedIn Company Profile
Social Media
Perishable Shipping Solutions Company Twitter Account
Company News
Perishable Shipping Solutions News
Facebook
Perishable Shipping Solutions on Facebook
YouTube
Perishable Shipping Solutions on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Mark Nelson
  Mark Nelson LinkedIn Profile  Mark Nelson Twitter Account  Mark Nelson News  Mark Nelson on Facebook
Chief Operating Officer
Danny Catullo
  Danny Catullo LinkedIn Profile  Danny Catullo Twitter Account  Danny Catullo News  Danny Catullo on Facebook
Co-Founder
Ruben Garcia
  Ruben Garcia LinkedIn Profile  Ruben Garcia Twitter Account  Ruben Garcia News  Ruben Garcia on Facebook


 

 

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Our team works diligently to report on every notable VC transaction. VC investment data records on this site come from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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