Packsmith Secures $2.5M In Pre-Series A Funding From Notable Investors

Packsmith, the Los Angeles-based AI fulfillment, shipping, and distribution platform for brands and retailers, raised $2.5M in pre-Series A funding.

Summary of transaction details:

• Deal Type: Pre-Series A
• Transaction Amount: $2,500,000
• Founders: Ben Wunderman & Simon Robb
• Headquarters: Los Angeles, California
• Notable Investors: The Nucleus Network, Second Century Ventures, Wave Function, Palmer Luckey, Edward Norton, and retail leaders from Nike, SKIMS, Procter & Gamble, and Patagonia.

Founded by Ben Wunderman and Simon Robb, Packsmith uses proprietary AI to optimize order fulfillment, shipping, and returns, enabling companies to cut inventory and shipping costs by up to 80%.