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InfraVia led a $46m Series B funding round in Packhelp.

Synopsis

InfraVia, a private equity firm, led a $46m Series B funding round in Packhelp, a developer of an online platform, with participation from PortfoLion, FJ Labs, the European Investment Bank, Speedinvest, ProFounders, Market One Capital, Inovo and White Star Capital. Packhelp’s minimum order is just 30 boxes so it’s able to serve microbrands like creators or ecommerce platform sellers as they scale — in addition to larger enterprises like on-demand food delivery giants. Though its business currently skews heavily towards smaller players: at present it says circa 70% of its customers are small companies vs 30% being mid-market & enterprise clients.

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