Parcelhero is preparing to launch its new Parcelhero Pro SaaS platform in Q2, focusing on reducing carbon footprints and enhancing customer interactions for transport and storage companies. The company is actively seeking investors for this venture through an equity funding campaign on Floww.
- The Parcelhero Pro SaaS platform aims to significantly lower emissions by minimising missed deliveries and enabling retailers to improve their services without hefty tech investments.
- David Jinks highlights Parcelhero’s growth as the UK’s fastest-growing logistics comparison group, with a compound annual growth rate of 21% from 2019 to 2022.
- Transportation and storage operators are currently behind in adopting AI and green initiatives compared to other sectors, a gap that Parcelhero Pro aims to fill.
- David Jinks emphasises the opportunity for investors, as Parcelhero seeks £700k to support the market introduction of their innovative platform.
Parcelhero is on the cusp of launching its Parcelhero Pro SaaS platform, targeting a release in the second quarter of 2024. This platform is designed to assist transport and storage companies in reducing their carbon footprint while enhancing interaction with retail partners. Parcelhero is reaching out to potential investors through an equity funding campaign on the Floww platform. The company’s head of consumer research, David Jinks, explains that the new platform will empower businesses to substantially cut emissions by limiting the occurrence of missed deliveries. Additionally, it will facilitate enhanced customer interactions and innovative service offerings without the need for large-scale internal technological developments and expenses.
David Jinks underscores Parcelhero’s impressive growth trajectory, noting its status as the fastest-growing logistics comparison group in the UK, with a 21% compound annual growth rate between 2019 and 2022. In pursuit of further expansion and a successful market debut for Parcelhero Pro, the company is aiming to secure initial funding of £700k, marking the first occasion it has opened investment opportunities to external backers.
The launch of Parcelhero Pro comes at a critical juncture for the transport and storage industries, which lag behind others in the integration of AI and green initiatives, despite having some net zero emissions targets. Recent data from the Office for National Statistics highlights that while some transportation companies have set net zero goals, fewer have implemented significant green changes compared to sectors like manufacturing and retail. For instance, transportation firms have been slow to electrify fleets or adopt renewable energy, and only a small fraction have incorporated AI into their operations.
Jinks points to figures showing that an overwhelming majority (91.3%) of transport and storage businesses have yet to adopt AI, in stark contrast to the retail sector where AI usage is considerably higher. He stresses the importance for transportation companies to step up in the area of post-sale logistics and customer communications, areas where they currently fall short compared to their retail partners. Notably, the willingness to invest in new technologies such as AI is lower among transport firms, with cost concerns being a significant barrier to adoption.
Retailers, who rely heavily on their transport partners for the last-mile delivery experience, are particularly keen on more sophisticated and informative post-sale communication strategies. As competition intensifies, especially from sectors that are rapidly integrating AI, transportation companies are under increasing pressure to enhance their operational efficiencies and reduce carbon emissions to meet customer expectations effectively.
With the Parcelhero Pro SaaS platform, Parcelhero is poised to drive significant advancements in logistics efficiency and environmental responsibility.
