What is Shipit.to?
Founded in 2016, Shipit.to operates at the intersection of the Internet of Things and global supply chain management. The company provides a sophisticated, yet affordable, shipment-tracking ecosystem that utilizes proprietary disposable trackers to monitor cargo integrity. Unlike traditional, high-cost tracking infrastructure, Shipit.to offers a scalable model that allows businesses to integrate granular, real-time insights into their existing logistics workflows. This approach addresses the critical industry demand for transparency and risk mitigation, positioning the company as a key player in the digital transformation of international freight and logistics operations.
How much funding has Shipit.to raised?
Shipit.to has raised a total of $1.1M across 1 funding round:
Private Equity
$1.1M
Private Equity (2021): $1.1M with participation from Xigem Technologies
Key Investors in Shipit.to
Xigem Technologies
A technology firm focused on the acquisition and development of innovative software and IoT solutions to drive digital transformation across various industries.
What's next for Shipit.to?
With this major enterprise-level funding, Shipit.to is well-positioned to accelerate its market penetration and enhance its technological infrastructure. The strategic roadmap likely involves scaling production of its disposable IoT units to meet the demands of larger, multinational logistics partners. Furthermore, the company is expected to invest in advanced data analytics capabilities, allowing clients to derive actionable intelligence from the vast streams of telemetry data generated by their shipments. As the logistics sector continues to prioritize resilience and visibility, Shipit.to's ability to provide low-friction, high-impact tracking solutions will be instrumental in maintaining its competitive edge in the evolving global trade landscape.
See full Shipit.to company page
