Packworks
Founded 2020 · 6 employees on LinkedIn · 9 known investors
Packworks provides a mobile app for inventory management and supply chain coordination aimed at sari-sari (neighborhood) store owners in the Philippines. It connects these small retailers with multinational companies and distributors, offering digital tools previously available only to large businesses.
Founders & leadership
Investors · 9
ADB VenturesMandaluyong · $13M – $820M
Ideaspace VenturesMakati City · $10K
ARISEreported · 2 sourcesCape Town
CVC Capital Partnersreported · 2 sources
Techstarsreported · 2 sourcesBoulder · $220K
Also in the syndicate · 4
Asian Development Bank VenturesFast GroupleadIdeaSpace FoundationTechstarts
Funding
SEC filings, press & company announcements$2M disclosed across 1 of 2 rounds · 2022
- Undisclosed amountSeries AJul 2022
CVC Capital Partners (lead), Fast Group (lead)
Source ↗ - $2Mseed roundJul 2022 · 5 sources
CVC Capital Partners (lead), Fast Group (lead), ADB Ventures, Arise, Asian Development Bank Ventures, IdeaSpace Foundation, Techstars, Techstarts
Source ↗
Source: company announcements and press reports — follow each round's link for the claim.
In the news
Frequently asked questions
- What does Packworks do?
- Packworks provides a mobile app for inventory management and supply chain coordination aimed at sari-sari (neighborhood) store owners in the Philippines. It connects these small retailers with multinational companies and distributors, offering digital tools previously available only to large businesses.
- Who are Packworks's investors?
- Packworks's investors include ADB Ventures, Ideaspace Ventures, ARISE, CVC Capital Partners, Techstars.
- How much funding has Packworks raised?
- Packworks has disclosed $2M raised across 1 of its 2 known rounds.