What is Shappi?
Shappi offers an innovative solution for consumers to receive shipments from the USA and China directly to their homes. The company's core value proposition centers on enabling clients to optimize tax liabilities while ensuring efficient and localized delivery to their respective cities. This approach addresses a critical pain point in the global e-commerce landscape, making international purchasing more accessible and cost-effective for a broader consumer base.
How much funding has Shappi raised?
Shappi has raised a total of $1M across 1 funding round:
Angel/Seed
$1M
Angel/Seed (2022): $1M with participation from Lightspeed Venture Partners, Concrete Rose Capital, Iterative Venture, and Sixers Innovation Lab
Key Investors in Shappi
Lightspeed Venture Partners
Lightspeed Venture Partners is a global multistage venture capital firm that invests in early and growth-stage technology companies across various sectors, partnering with founders from seed through IPO/M&A.
Iterative Venture
Iterative Ventures is a community of ex-Facebook/Meta entrepreneurs dedicated to supporting fellow founders in their entrepreneurial journeys, offering an incubator program and investing in early-stage technology companies.
Sixers Innovation Lab
Harris Blitzer Sports Entertainment (HBSE) is a leading sports and entertainment company known for owning the Philadelphia 76ers and the New Jersey Devils, focusing on inspiring possibilities and enhancing communities through its diverse portfolio.
What's next for Shappi?
With this major enterprise-level funding, Shappi is poised for significant expansion. The strategic investment will likely fuel advancements in its logistical infrastructure, enhance its tax optimization technology, and broaden its market reach. This capital will enable Shappi to scale its operations, further solidify its position as a leader in cross-border e-commerce facilitation, and potentially explore new international markets or service offerings.
See full Shappi company page
