In less than six years, an Irvine-based concept that put package lockers into apartment complexes has been conceived and sold for $100 million.
Parcel Pending was created in 2013 to solve a problem.
At the time, its founder Lori Torres was working for Irvine Company, one of the country’s largest apartment landlords. As senior vice president of property management, she was barraged with requests for more employees to help sort mounds of packages delivered daily.