Simplified supply chains for retailers
Business Model:
Revenue: $0
Employees: 1-10
Address:
City: Capitola
State: California
Zip:
Country: United States
Purcell opens a new sales channel for the products we buy every day. By &s;packaging at purchase&s; we offer an alternative to prepackaged products boosting profits in stores, increasing shopper savings and reducing food-related waste. Purcell rethinks how products are moved and sold at a fundamental level. The concept of &s;packaging at purchase&s; offers an operational process improvement comparable to IKEA popularizing flatpack. Flatpack furniture streamlined supply chains and made them the giant they are today. Purcell does the same thing IKEA did with furniture, but to the products we buy every single day. We believe &s;packaging at purchase&s; holds the potential to be the most meaningful innovation in food retail since the barcode was adopted in the 1970s. Ultimately, Purcell will enable profitable online fulfillment. In an industry that skims by on 1-4% net profit margin, the cost of last mile delivery requires us to take a fresh look at how and where we package.
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 11/2020 | Seed Round | $2.5M | 9/2019 | Pre Seed Round | 1 | - |
Alchemist Accelerator Alchemist Accelerator |
9/2019 | Pre Seed Round | 1 | - |
Alchemist Accelerator Alchemist Accelerator |
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