Congratulations to our friends at PackDash!!!
The company is one of 50 black-led startups across the country to receive the funding, along with additional hands-on support from Google
Tucson, Ariz., Sept. 15, 2022—PackDash, a third-party logistics (3PL) company dedicated to helping small- and medium-sized brands grow, announced it was selected to receive $100,000 in non-dilutive funding as part of the Google for Startups Black Founders Fund. PackDash is one of 50 black-led companies selected to receive the cash award, along with hands-on support from Google employees across the company and $100K in Google Cloud credits.
PackDash plans to use the funding to hire new team members, improve operational efficiencies, and generally prepare for and accommodate ongoing growth.
According to Google, selection for the fund was based on the strength of each founder’s application, startup size, readiness for funding, demonstrated traction, reach and impact, and whether Google could uniquely support the startup aside from the capital.
“We are so thrilled to have been selected for the Black Founder’s Fund,” said Kameron Norwood, Co-Founder and COO of PackDash. “To have Google’s backing—not only from a funding and support standpoint but also as a vote of confidence in our company vision, performance and passion is something we are extremely proud of.”
According to Google, less than one percent of U.S. venture capital goes to black founders. Over the past two years, the Google for Startups Black Founders Fund has provided $10M in cash awards and support to promising founders in the U.S. The investments have created a halo effect by helping founders raise over $139M in additional venture capital in the U.S.
“The Google for Startups Black Founders Fund has grown into a flourishing community of 176 founders in the U.S. because of the program’s focus on supporting founders along their journeys beyond a one-time financial award,” said Jewel Burks Solomon, Head of Google for Startups U.S. “The program was intentionally designed to help founders in multiple ways, with non-dilutive funding, tailored mentorship, mental health coaching and more. We are thrilled to strengthen this community by welcoming the third cohort of founders and are excited to see how they continue to grow their businesses.”
Founded amidst the backdrop of the pandemic, PackDash sets out to solve common pain points brands typically experience when working with other 3PLs—lag times in fulfillment and communication, inflexible service, hidden fees and more. In addition to a higher level of service, PackDash, empowers clients with additional marketing and consulting support services.
To learn more about the fund, see Google’s announcement of the news here, or visit the Black Founders Fund page. To learn more or inquire about PackDash’s services, visit PackDash.com or contact Kameron@packdash.com.
