The round was led by General Catalyst, with continued support from Bain Capital Ventures, Activant Capital, and Bessemer Venture Partners, bringing total funding raised to $50 million. The raise comes amid surging demand from logistics operators under intense pressure to reduce costs as global tariffs and economic headwinds reshape supply chain economics.

Pallet makes supply chain operators more efficient. Their AI workforce, CoPallet, handles high-volume logistics workflows like order entry, portal updates, and quoting, all with human-level accuracy and oversight. CoPallet executes repetitive processes on top of existing systems at a fraction of the cost.