Start-up helmed by founder of Amazon Air and former head of Walmart’s e-commerce transportation division raises $4.9 million in seed round
Pandion is an e-commerce parcel network and has announced funding from a seed round after being in stealth
On the back of a $4.9 million seed round, start-up Pandion has emerged out of stealth.
Pandion is developing delivery management software focused on helping businesses looking to fulfil in one and two-day shipping windows. It says it is using machine learning to avoid shipping delays and optimise delivery networks.
The seed round was led by Playground Global and Schematic Ventures, with participation from AME Cloud Ventures and Innovation Endeavors.
Pandion will use the proceeds from this round to grow the team and expand ongoing customer pilots.
Pandion’s founder and CEO, Scott Ruffin, is the founder and former head of Amazon Air, and the former vice president and head of Walmart’s e-commerce transportation division.
“Retailers can’t sell what they can’t ship,” said founder and CEO Scott Ruffin. “Capacity is highly constrained and the traditional parcel providers are built for a pre-internet brick and mortar world. We are building the modern small parcel provider – tuned specifically to provide low cost, high performance delivery that e-commerce needs. Big e-commerce retailers like Amazon have built their own capability to put their customers first. Now with Pandion, we will do the same for the rest of the industry.”