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Venture Capital News: Pandion Scoops Up $41.5M Series B Round

2024-03-21
SEATTLE, WA, Pandion, the parcel network designed for e-commerce residential delivery and founded by Amazon Air founder Scott Ruffin, today announced a $41.5 million Series B funding round.
The round was led by Revolution Growth. Other participants included existing investors Playground Global, Prologis Ventures, Bow Capital, Telstra Ventures, AME Cloud Ventures, and Schematic Ventures and new investors Proof and Sentinel Global.

Founded in 2020 by Amazon and Walmart veteran Scott Ruffin, Pandion is shipping the future of residential e-commerce delivery. Pandion uniquely manages the package journey for brands, picking up at their fulfillment centers, optimizing logistics with technology, sorting packages by destination through a connected network of sortation centers, and delivering through a vast network of 500,000+ final-mile drivers. Brands like Saks Fifth Avenue get instant access to more delivery options, faster transit times, and better delivery experiences for their customers.
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