What is Shipper?
Shipper operates as a key player in Indonesia's logistics and warehousing landscape, offering comprehensive freight and co-warehouse services. Under its tagline "Beyond Freedom," the company aims to provide a convenient, safe, and comfortable solution for shipping and warehousing needs, addressing critical business requirements. Its focus on aggregating services positions it as a vital intermediary in a rapidly growing e-commerce and supply chain market.
How much funding has Shipper raised?
Shipper has raised a total of $63M across 1 funding round:
Series B
$63M
Series B (2021): $63M with participation from DST Global Solutions, Lightspeed, AC-Ventures, Floodgate, Prosus Ventures, Sequoia Capital India, Y Combinator, and Insignia Ventures Partners
Key Investors in Shipper
Floodgate
Floodgate is a leading provider of flood defence, control, prevention, and protection products, including floodgates, airbricks, and non-return valves, serving clients across the UK and internationally.
Sequoia Capital India
Sequoia Capital in India currently manages funds capitalized at close to USD 1.4 billion and invests across venture, growth, and late stage opportunities. It takes a long-term view on investments and plays the role of an active, value-added partner to entrepreneurs.
Y Combinator
Established in 2005 and located in Mountain View, California, Y Combinator provides seed funding for startup businesses and to gauge investors for businesses.
What's next for Shipper?
With the recent major strategic investment, Shipper is poised for accelerated growth and expansion within the Indonesian market. This infusion of capital is expected to fuel enhancements in its service offerings, potentially including technological advancements in its platform and an expansion of its co-warehouse network. The company's trajectory suggests a move towards solidifying its market leadership and further optimizing logistics operations for businesses across the archipelago.
See full Shipper company page
