What is Shipit.to?
Shipit.to offers an affordable shipment-tracking solution designed to provide real-time information on cargo location and condition. Leveraging disposable trackers, the company enables businesses of all sizes to integrate with the Internet of Things (IoT) revolution for enhanced supply chain visibility. Established in 2016 and headquartered in Tel Aviv, Israel, Shipit.to positions itself as a key player in making advanced tracking technology accessible.
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
Xigem Technologies is an investor participating in this funding round. Further details on their specific investment focus are not provided.
What's next for Shipit.to?
The recent major strategic investment signals a pivotal growth phase for Shipit.to, likely enabling the company to scale its operations, enhance its IoT tracking technology, and expand its market reach. This enterprise-level funding suggests a focus on solidifying its position in the competitive logistics and supply chain management landscape, potentially through further technological development and strategic partnerships.
See full Shipit.to company page