San Francisco-based Pallet pulled in a new round of funding for its AI workforce solution designed for the logistics sector. The company pulled in a $27 million Series B led by General Catalyst that brings its total venture funding to $50 million.
Pallet’s solution automates administrative workflows, completing tasks at a pace 10 times faster than traditional staff would manually, according to the company. It helps manage workflows like order entry, portal updates and quoting with human-level accuracy and oversight to increase efficiency for supply chain operators.
Backed by its fresh capital, Pallet will grow its team across product and engineering, working to scale its AI workforce solution to meet heightened demand from freight brokers, third-party logistics providers, freight forwarders, carriers and shippers.
