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Parcelsea OÜ

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Year established

2020

Location

Tallinn Estonia

Primary Industry

Industrial Machinery

About

Founded in 2020 and based in Tallinn, Estonia, Parcelsea OÜ operates as a delivery service platform that provides a smart mailbox where its users can order groceries and parcels online. In March 2023, Parcelsea OÜ, a portfolio company of Superangel and Specialist VC acquired Cleveron’s network of private parcel lockers. The company provides a smart mailbox, which is a personal locker for parcel deliveries, that accepts packages in a secure and contact-free way. The firm's mailbox is made of 3 sections and fits various package sizes, letters, and up to 5 grocery bags. Parcelsea focuses on private, terraced, and semi-detached houses. Additionally, the organization offers a specific phone number that can be added to all delivery platforms and is answered by its call center, which helps the couriers with their initial Parcelsea delivery. The startup generates revenue through its subscription plans, including the essential plan for EUR 12.90 per month, the standard plan for EUR 15.90 per month, and the advanced plan for EUR 19.90 per month. The company plans to use its March 2023 deal to provide owners of smart mailboxes access to a variety of parcel delivery options.
Current Investors
Superangel, Specialist VC

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Primary Industry
Industrial Machinery
Sub Industries
Industrial Machinery
Website
www.parcelsea.com
Verticals
E-commerce, IoT (Internet of Things)
Company Stage
Early Stage
Total Amount Raised
Subscriber access only

Deals

Deals Type
Add-on, Spin-Off
Deal Status Target (s) Deal Date Investor(s) Seller(s) Deal size (Mn) Enterprise value (Mn) Post-money valuation (Mn) EBITDA multiple (x) Revenue multiple (x) Lead partner (s)
Completed Cleveron AG’s network of private parcel lockers 30 Mar 2023
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