What is ShipHawk?
Founded in 2012 and headquartered in Santa Barbara, California, ShipHawk has established itself as a key player in the logistics and supply chain technology market. The company's cloud-based platform is designed to streamline shipping and fulfillment processes, providing critical transportation management solutions. Its services cater to a diverse clientele, including retailers, manufacturers, and distributors, enabling them to optimize their logistics operations. ShipHawk's focus on providing robust software solutions positions it to address the growing complexities of modern supply chains.
How much funding has ShipHawk raised?
ShipHawk has raised a total of $38.5M across 6 funding rounds:
Private Equity
$5.7M
Private Equity
$5M
Unspecified
$6.5M
Other Financing Round
$4M
Debt
$350K
Other Financing Round
$17M
Private Equity (2013): $5.7M with participation from Wavemaker Partners
Private Equity (2014): $5M led by Rothenberg Ventures, Wavemaker Partners, DN Capital, and Karlin Ventures
Unspecified (2018): $6.5M supported by AutoTech Ventures, DN Capital, and Mucker Capital
Other Financing Round (2020): $4M featuring Karlin Ventures, DN Capital, and AutoTech Ventures LLC
Debt (2020): $350K backed by PPP
Other Financing Round (2021): $17M with participation from AutoTech Ventures and PeakSpan Capital
Key Investors in ShipHawk
AutoTech Ventures
AutoTech Ventures is an early-stage venture capital firm focused on the ground transportation industry, providing capital and market intelligence to startups. They leverage their extensive network to help portfolio companies recruit talent and engage corporate partners.
DN Capital
DN Capital is a global early-stage venture capital firm investing in Software, AI, Fintech, and Consumer Internet. They offer financial expertise and a broad network to support portfolio companies in Europe and North America.
Mucker Capital
Mucker Capital is a venture capital firm that provides Seed and Series A funding, along with hands-on guidance, to startups outside of Silicon Valley, focusing on building sustainable businesses.
What's next for ShipHawk?
With a substantial total funding amount of $38.5M and a recent strategic investment of $17M, ShipHawk appears to be in a strong growth phase, likely focused on scaling its operations and expanding its market reach. The company's consistent access to capital suggests investor confidence in its business model and its potential to capture a larger share of the logistics technology market. Future strategic moves may involve further platform development, enhanced service offerings, and potential market expansion to meet the evolving demands of its target industries.
See full ShipHawk company page