ePallet
5115 Clareton Dr Ste 200, Agoura Hills, California, 91301, United States
Overview
ePallet is a Los Angeles-based, AI-powered platform that facilitates buying and selling food and consumables in full-pallet increments. Led by CEO James Kwon, the company uses a machine-learning platform to provide customers real-time, net-net delivered pricing for full-pallet orders. It enables manufacturers to offer attractive prices and reduce operating costs by offloading the details of servicing pallet-quantity customers, including freight, billing, and customer service. ePallet raised $3M in funding to support its growth. The company intends to use the funds to continue hiring and expand its team. ePallet operates an AI-driven platform that enables customers to access manufacturers' products in full-pallet increments. The company facilitates direct purchases of pallet quantities from a wide range of global and local food brands. ePallet positions itself at the intersection of supply-chain technology and logistics for wholesale food purchasing. The business model targets buyers who need pallet‑level quantities rather than case or retail units. The company received a strategic investment from LA Foods. LA Foods is a nationwide food distributor and importer founded in 1990 by Max Gold and Mark Davis, servicing over 4,000 government, retail, industrial and foodservice organizations and distributing more than 200 million pounds of food products each year.
- Total raised
- $3M
- Funding rounds
- 2
- Latest round
- Equity
- Latest activity
- Jan 2019
Industries
- Artificial Intelligence (AI)
- Logistics
- Machine Learning
- Manufacturing
- Marketplace
Recent funding
Equity
Jan 2019
$3M