Pakible

Pakible allows any business to create custom product packaging online.

Custom packaging is an $85 billion industry, and the digital custom package market where Pakible operates is making up a larger and larger portion of it.

Using its online editor, customers can fully customize and brand their own retail packaging, shipping boxes, or product containers. Pakible then routes the order to the most qualified manufacturer from their network, and customers receive samples within 10 days.

The traditional design and purchase cycle can take 3-4 months and manufacturers often deal with ambiguous design specs or hand-drawn examples; Pakible gives factories floor-ready designs that they can plug right into their systems.

Operating through a batch ordering model, Pakible claims to reduce costs from $5-$20 per package to $1-$3.

Growing at 150% week-over-week since it launched in February, Pakible has over 850 clients that include Samsung, Reddit, and Soylent. In March they sold over 1,000,000 units, for a total of $257,653 in revenues at an average margin of 20%.

Proceeds from this round of financing will be used to hire 2 engineers, a salesperson, and a manufacturing specialist, as well as to add new packaging styles and to increase customer acquisition efforts.

Pakible is a graduate of Y Combinator’s Winter 2015 class.

Team Background

Phillip Akhzar - Co-Founder & CSO

Prior to founding Pakible, Phillip was the Lead Industrial Engineer at iCracked.

He was previously a Project Architect at Emotiv Lifesciences, a bio-informatics company, after founding and running Pacific Party Suppliers, a local Beverage delivery company. Phillip began his career as a Junior Sales Executive at Supress Products.

Phillip graduated with a BS in Industrial Engineering from California Polytechnic State University.

Nick Carson - Co-Founder & CEO

Prior to founding Pakible, Nick was a Senior Software Engineer at iCracked, an on-demand repair and buyback company for iOS devices. Previously, he was a Web & Mobile Developer at Osmosis, a Medical EdTech startup. Nick was also the cofounder of Spestle, an online service allowing customers to create their own custom seasoning and herb blends.

Nick graduated from the University of Florida with a BS in Computer Engineering.

Co-Investors

Tom Fallows

Director of Global Expansion at Uber, Founder of Google Express and Mercantila

Y Combinator

Seed-stage accelerator whose alumni include Scribd, Reddit, Airbnb, Dropbox and Stripe

Kevin Moore

Angel investor in 75+ startups, including Robinhood

Zillionize Seed Fund

Micro venture capital that does Seed Investments. Previous investments in Cruise, Mailgun, Leadgenius, Meta.

Jared Friedman

Scribd cofounder and angel investor in numerous Y Combinator companies

Cindy Bi

Founder of Zillionize Seed Investors