71lbs

Excelerate Labs // Excelerate Labs 2012 starting 2012-06-01


Key notes: 71lbs provides analytics and reporting tools that help small and medium businesses save money on shipping.

Office address: 7900 Nova Drive, Fort Lauderdale, Florida, United States

Description: 71lbs helps small and medium businesses save money on shipping by providing analytics and reporting tools to help businesses understand their costs. We have been in the parcel shipping business for decades. We have shipped thousands of packages, negotiated many shipping contracts, and also worked for the major parcel shipping carriers. After all of our time in the industry, we have become all too familiar with the differences of their shipping services, their strengths and also their weaknesses. We bring all this experience to help you. We have used all that what we know to simplify shipping for you. We help you understand your shipping costs. We help you save money on shipping.

View details on Crunchbase:

http://www.crunchbase.com/organization/71lbs

$ 2,450,000 over 5 funding rounds.

Angellist Page:

https://angel.co/71lbs


Funding Rounds

Date Name $ Invested Crunchbase link
2013-01-08 seed $ 75,000 Detailed data
2013-01-01 seed $ 300,000 Detailed data
2012-06-01 seed $ 75,000 Detailed data
2014-06-08 angel $ 2,000,000 Detailed data
2012-03-20 angel Detailed data

Investors

Round Date Round Name Investor Crunchbase Link
2012-03-20 angel Mark Friedgan Investor Profile
2013-01-08 seed OCA Ventures Investor Profile
2012-03-20 angel Kevin Henrikson Investor Profile
2014-06-08 angel IDEA Fund Partners Investor Profile
2012-06-01 seed Pritzker Group Venture Capital Investor Profile
2012-06-01 seed Techstars Chicago (Formerly Excelerate Labs) Investor Profile


Contact Jed if you have updated information for 71lbs

To update the information on funding or number of employees, please do that directly on Crunchbase.


Created: 19-Aug-2012, 00:55

Last Crunchbase update: 28-Jun-2019, 05:12

Last modified: 05-Mar-2021, 05:12

Country: USA