Package Concierge Secures $500,000 in Equity Funding
BOSTON, MA (PRWEB) July 12, 2016 -- Package Concierge, the leading package management solutions provider, today announced it has raised $500,000 in equity funding to further boost its mission to reshape package management in the multifamily industry.
The funding will be allocated to developing significant technological enhancements to its full suite of package management solutions.
“Our best-in-class package management technology and services have already made a profound impact on apartment communities across the country, saving them a substantial amount of time, money and energy,” said Georgianna Oliver, CEO and founder of Package Concierge. “But there’s so much more we can do. These additional funds provide a monumental boost to our research and development mission to lead technological innovation in package management for our clients.”
In addition, the financial boost will be used to increase Package Concierge’s national presence through the creation of sales and service positions to better support its client base. The growth will also require the company to relocate its corporate headquarters and further invest in its infrastructure.
“As we continue to grow, so too will the needs of our client base,” said Barry Hume, president of Package Concierge. “We’ve remained steadfast in our vision to provide the highest quality, most advanced package solutions for our clients nationwide. The funding we’ve raised is another positive step in that direction.”
Package Concierge has increased installations of its innovative package lockers by more than 200 percent over the past six months and recently surpassed 2.5 million package transactions. The company has recently grown its portfolio of installations to 30 states.
About Package Concierge
Package Concierge is the leading provider of package management solutions to the multifamily industry. The company created the first innovative digital locker technology that addresses the escalating challenges of package management in the multifamily and student housing markets. Founded in 2012, the company’s installations across the United States include some of the largest real estate management companies: Alliance Residential, Avalon Bay Communities, Berkshire Property Advisors, The Bozzuto Group, Equity, Greystar, The JBG Companies, Pinnacle and Winn Residential. Its founders are technologists, entrepreneurs and property management professionals from the multifamily apartment industry. Contact Package Concierge at info(at)packageconcierge(dot)com for more information.
Marlena DeFalco, LinnellTaylor Marketing, +1 (303) 682-3943, [email protected]
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