As of 9 Nov 2026, Vessel has raised $5M across 1 verified round on record, plus 1 round still being checked; latest: $5 million seed round led by Hg, announced 9 Nov 2026.
A services-as-software company that makes donating excess inventory less costly than destroying it
usevessel.comLinkedInNew YorkOther
5 sources · checked 1 time, last 18m ago
1 source
Developing: it holds up against its sources so far, and firms up as more reporting lands.
The source states the Series A and its co-leads but does not state the amount, financing total, or valuation.
| Round | Amount | Announced | Lead | Buzz |
|---|---|---|---|---|
| Seed | $5M | 2026-11-09 | Hg | 1 person on X · 3 outlets. #5 in Trending |
5 sources · checked 1 time, last 18m ago | ||||
Vessel runs product-donation programs for major brands, matching usable excess inventory with vetted nonprofits while handling freight, delivery records, and donation paperwork.
Brands discard an estimated $163 billion of excess inventory each year because destruction has historically been simpler and cheaper than secure, documented donation, and Vessel says its service guarantees donation will cost no more than destruction. The company says that during stealth it routed more than $83 million of products to more than 5.5 million people and diverted more than 2,000 tons from landfill or incineration, making its $5 million seed round a bet that AI-enabled vetting and logistics can turn enterprise donation into a lower-cost operating choice.
Checked against 10 sources today
| Series A [ HISTORY ]: An earlier round, from the company's own announcement, found while researching the company. Checked like any round, but not new, so it stays out of the daily feed and alerts; a date range shows it. | n/a | 2023-07-06 | LENX, Mastry Ventures | No recent discussion |
1 source [ DEVELOPING ] Developing: it holds up against its sources so far, and firms up as more reporting lands. read against 1 source
The source states the Series A and its co-leads but does not state the amount, financing total, or valuation. [ BUILT WITH ]·[ SEARCH ]found by Firecrawl search·[ SCRAPE ]1 page read: prnewswire.com·[ JSON ]round read into a schema, with the sentence that states it·[ VERIFY ]confirmedchecked against 1 source·[ BRANDING ]logo and colour from the homepage·[ AGENT ]company research by the Firecrawl agent | ||||
Also named as backers in company research: 100+ Accelerator