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How ParcelLab CEO Julian Krenge grew ParcelLab to $10.8M revenue and 500 customers in 2024.

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ParcelLab Revenue

In 2024, ParcelLab's revenue reached $10.8M. The company previously reported $10.8M in 2024. Since its launch in 2015, ParcelLab has shown consistent revenue growth.

ParcelLab Revenue GrowthReported revenue / ARR by year$0$3M$5M$8M$10M$13M201520172019202120232024$0$3M$7M$9M$11MSource: GetLatka.com
YearMilestone
2024ParcelLab Hit $10.8m revenue in November 2024
2024ParcelLab Hit $10.8m revenue in October 2024
2023ParcelLab Hit $8.5m revenue in October 2023
2021ParcelLab Hit $7m revenue in March 2021
2019ParcelLab Hit $3.3m revenue in December 2019
2015Launched with $0 revenue

ParcelLab Valuation, Funding Rounds

ParcelLab has not publicly disclosed its valuation. The company has raised $5.3M in total funding to date.

ParcelLab has raised $5.3M in total funding across 2 rounds, with its most recent round in 2021.

ParcelLab Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$1M$3M$4M$5M$6M20152016201720182019202020212015 cumulative: $0 • 2015 Founded: $02019 cumulative: $830K • 2015 Founded: $0 • 2019 Funding round: $830K2021 cumulative: $5M • 2015 Founded: $0 • 2019 Funding round: $830K • 2021 Funding round: $5M$5M2015 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold
2021Funding round$4.5M--
2019Funding round$830.4K--

ParcelLab Employees & Team Size

ParcelLab employs approximately 179 people as of 2026, up from 172 in 2023.

ParcelLab has 179 total employees in different roles and functions and 30 sales reps that carry a quota. They have 500 customers that rely on the company's solutions.

ParcelLab Team GrowthReported headcount over time05010015020025020152017201920212023202400179179Source: GetLatka.com
YearMilestone
2024Reached 179 employees (December 2024)
2024Reached 172 employees (October 2024)
2023Reached 172 employees (October 2023)
2023Reached 180 employees (September 2023)
2023Reached 168 employees (January 2023)
2022Reached 170 employees (October 2022)
2022Reached 193 employees (January 2022)
2021Reached 169 employees (December 2021)
2021Reached 144 employees (August 2021)
2021Reached 95 employees (March 2021)
2019Reached 45 employees (December 2019)

Founder / CEO

Julian Krenge

Julian Krenge is listed as Founder / CEO at ParcelLab.

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Customers

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Frequently Asked Questions about ParcelLab

What is ParcelLab's revenue?

ParcelLab generates $10.8M in revenue.

Who founded ParcelLab?

ParcelLab was founded by Julian Krenge.

Who is the CEO of ParcelLab?

The CEO of ParcelLab is Julian Krenge.

How much funding does ParcelLab have?

ParcelLab raised $5.3M.

How many employees does ParcelLab have?

ParcelLab has 179 employees.

Where is ParcelLab headquarters?

ParcelLab is headquartered in Boston, Massachusetts, United States.

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Compare ParcelLab to the industry

ParcelLab operates across multiple industries. Browse revenue, funding, and growth data for ParcelLab in each sector below.

Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .

ParcelLab Revenue 2024: $10.8M ARR, $5.3M Raised