Pandion, a logistics startup established by Amazon Air's founder Scott Ruffin, emerged from stealth.
Earlier this month, the startup nabbed $4.9M in seed funding from AME
Cloud Ventures, Innovation Endeavors, Playground Global, and Schematic
Ventures.
- The startup is developing a logistics network for e-commerce customers.
- Pandion's offering directly competes with industry leaders UPS and FedEx.
- The
firm expects to build a competitive advantage by building a network of
sortation centers, which are warehouses dedicated to storing pre-packed
packages and setting them up for last-mile delivery.
- Pandion
is taking a gig-model approach to logistics and will partner with
dozens of regional carriers or even the U.S. Postal Service.
