Logistics startup Pallet raised $27 million in a Series B funding round led by General Catalyst to scale automation.
Pallet's CoPallet AI platform automates manual back-office operations for logistics providers 10 times faster and at less cost.
The funding round will support Pallet's AI infrastructure scaling and efforts to build a new operating system for the logistics industry.
The logistics industry is under pressure to modernize due to global supply chain demands, with Pallet's AI solutions offering significant cost-saving benefits.