What is Shipper?
Shipper operates as a comprehensive logistics and warehouse aggregator within Indonesia, offering reliable 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 the diverse requirements of businesses. Shipper's integrated approach seeks to streamline supply chain operations for its clientele, positioning it as a key player in the nation's rapidly evolving e-commerce and logistics landscape.
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, Prosus Ventures, AC-Ventures, Sequoia Capital India, Y Combinator, Lightspeed, Insignia Ventures Partners, and Floodgate
Key Investors in Shipper
DST Global Solutions
DST Global Solutions is a prominent investment firm known for its significant backing of technology companies globally, often participating in large funding rounds for growth-stage enterprises.
Prosus Ventures
Prosus Ventures is a global consumer internet group and one of the largest technology investors in the world, focusing on high-growth sectors and companies with strong market potential.
Sequoia Capital India
Sequoia Capital India is a venture capital firm that invests across venture, growth, and late-stage opportunities in India, acting as an active partner to entrepreneurs and management teams.
What's next for Shipper?
The substantial enterprise-level funding and recent strategic investment signal a pivotal growth phase for Shipper. This capital is likely to be deployed towards expanding its network of warehouses, enhancing its technological infrastructure for improved efficiency, and potentially broadening its service portfolio to encompass more specialized logistics solutions. The company's focus on providing a seamless experience for businesses suggests a strategic push to capture a larger market share and solidify its leadership in the Indonesian logistics and warehousing sector.
See full Shipper company page
