Pallet Sharing logo — Innovative pallet sharing solutions powered by smart technol...

Pallet Sharing

Innovative pallet sharing solutions powered by smart technology to reduce logistics costs and enhance efficiency for businesses and society.

Founded 2017 Series B Total: $100.00M Industrial, Information Technology +2

General Information

Company Name Pallet Sharing
Founded Year 2017
Industries Industrial, Information Technology, Internet +1
Funding Stage Series B
Social

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About Pallet Sharing

Pallet Sharing is an innovative pallet sharing solutions company, utilizing smart technology to minimize logistics costs and enhance operational efficiency for businesses and society. The company specializes in integrating software development, operations, and intelligent tray hardware development. It aims to revolutionize the O2O business model and shared economic model by introducing the concept of "tray bank" combined with smart pallets to address the high logistics costs caused by pallet inefficiencies. Founded in 2017, Pallet Sharing's founding team brings extensive experience in the pallet industry, Internet financial product design, IoT architecture, and online and offline operations. The company is dedicated to providing China's best pallet sharing solutions, tackling issues related to "zombie pallets" and "disposable pallets," enhancing carrier transportation, reducing overall business and social logistics costs, and supporting national logistics equipment standards.

The company's latest milestone was a CNY100.00M Series B investment on 09 June 2023, with participation from several prominent investors including 深圳市远致投资有限公司, 中关村科技租赁有限公司, Beijing Chengchuang Lihe Angel Investment Company, Lianrun Fund, Ruidexin Capital, and Taiya Capital. This recent investment signals confidence from the investor community in the company's vision and potential for growth within the Industrial, Information Technology, and Internet sectors.

Taxonomy: Pallet sharing, Smart technology, Internet technology, IoT architecture, O2O business model, Shared economy, Zombie pallets, Disposable pallets, Cost reduction, Software development, Hardware development, Supply chain management

Funding Rounds & Investors (2)

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Funding Stage Amount Investors Lead Investors Date
Series B CNY100.00M 7
深圳市远致投资有限公司, Taiya Investment Group +5
09 Jun 2023
Series A Undisclosed 2
Qingying Fund, CIMC Industry Fund
25 Jun 2019

Pallet Sharing Alternatives & Competitors

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FAQ About Pallet Sharing

Innovative pallet sharing solutions powered by smart technology to reduce logistics costs and enhance efficiency for businesses and society.
Pallet Sharing was founded in 2017.
Pallet Sharing operates in Industrial, Information Technology, Internet and Supply Chain. Its work centres on Pallet sharing, Smart technology, Internet technology and IoT architecture.
Pallet Sharing has completed 2 funding rounds, raising a total of $100.00M. The latest funding stage is Series B.
Top alternatives and competitors to Pallet Sharing include CHEP, eVitra Logistics, BosphorusISS, Logmore, Openfood. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Pallet Sharing and CHEP are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Pallet Sharing, https://bouncewatch.com/company/pallet-sharing, updated 10 October 2024. When citing, please name BounceWatch and link this page.

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