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AI Startups: Logistics Startup Pallet Raises $27 Million to Scale Automation

  • 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.

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