Singapore: Parcel Perform closes $1.1m seed round led by Wavemaker, 500 Startups

Dana von der Heide (CCO) and Arne Jeroschewski (CEO). Credit: Parcel Perform

By Shiwen Yap

January 22, 2018

Singapore-based Parcel Perform, a software-as-a-service (SaaS) startup that enables e-commerce merchants to improve their customers’ checkout experience, announced on their blog the completion of an oversubscribed $1.1 million seed round led by Wavemaker Partners and joined by 500 Durians, the Southeast Asia fund of 500 Startups.

Existing and new angel investors also joined the round.

In a statement, Arne Jeroschewski, CEO and Founder of Parcel Perform, said, “Online shoppers are demanding more of e-commerce merchants, especially when it comes to the after-checkout experience. This is where Parcel Perform comes in. We help drive merchants’ growth and improve their customer’ loyalty. This round will allow us to further broaden our reach and product portfolio.”

Founded by Dana von der Heide and Arne Jeroschewski, whose background is in e-commerce and logistics, the firm is based out of Singapore and Vietnam. The firm claims their global tracking solution worldwide covers more than 570 carriers and 20+ languages.

Its tracking solution provides merchants with a branded tracking page for global and local carriers, enabling shoppers to receive real-time updates about their shipments. In addition, merchants can access a customer service interface and analytics to compare their carriers’ performance worldwide. It also offers a B2C service, Parcel Monitor, a free tracking solution for end-consumers.

“Given the stage of our investments, we like to work with founders who have deep domain expertise. This is perfect given Arne’s and Dana’s experience in the e-commerce and logistics space. Where other companies focus on the pre-sale, Parcel Perform has found a large opportunity in helping companies improve the post-checkout experience, starting with the tracking business,” said Paul Santos, Managing Partner of Wavemaker.

Also Read:

Exclusive: 500 Startups broadens focus, eyes cos targeting the next billion customer base in India

India: Saas startup Moneytor raises funds from 500 Startups, others

Mojo Partners, Wavemaker lead $2.5m pre-series A in job matching portal Helpster

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.
APPLY NOW

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.
APPLY NOW