Delivery management platform MetaPack has raised £20 million ($32.7 million) in funding from Index Ventures, bringing the company’s total backing to over $28 million. The investment will be used to continue building support and products for existing customers, enhance MetaPack’s cross-border capabilities and fuel growth across the U.S., Europe and Asia. With the transaction, Index Ventures' Dominique Vidal will join the company’s Board.
The fresh financing follows a period of sustained expansion for MetaPack, with an annual revenue growth of 60% over the last four years. The company offers configurable software that connects shippers with parcel carriers, alternative drop-off, collection and return solutions, and also provides sellers with retail intelligence data and anti-fraud solutions.