AI Startups: Logistics Startup Pallet Raises $27 Million to Scale Automation

Indian-origin founded Pallet is proving that global supply chain innovation can emerge from anywhere and scale everywhere!

What is the news?

Pallet, an AI logistics software startup, raised $27 million in Series B funding led by General Catalyst, with participation from Bain Capital Ventures, Activant Capital, and Bessemer Venture Partners.

Pallet’s flagship AI platform, CoPallet, tackles supply chain problems by automating manual back-office operations specifically for logistics providers such as order entry, quoting and portal updates.

Why is it interesting?

This is exactly the kind of global innovation story we love at GIA. Founder Sushanth Raman has built AI infrastructure that’s 10x faster and 50% cheaper than traditional logistics staffing, directly addressing the $11 trillion industry’s modernization needs.
The timing is perfect: with tariff pressures and supply chain uncertainties intensifying, enterprises are desperately seeking operational efficiency solutions. Pallet’s ability to help a mid-sized carrier reallocate 25 employees and save millions demonstrates the massive ROI potential that VCs and enterprises are hunting for.