What is Shippit?
Headquartered in Sydney, New South Wales, Shippit provides a sophisticated cloud-based software platform designed to optimize the fulfillment and shipping processes for diverse client bases. By enabling businesses to manage package logistics from any location, the company addresses critical pain points in the supply chain, such as carrier integration, tracking transparency, and delivery efficiency. As a key innovator in the SaaS logistics space, Shippit empowers retailers to scale their operations while maintaining high standards of customer service through automated shipping workflows.
How much funding has Shippit raised?
Shippit has raised a total of $71.2M across 4 funding rounds:
Angel/Seed
$500K
Angel/Seed
$500K
Series A
$2.2M
Series B
$68M
Angel/Seed (2015): $500K, investors not publicly disclosed
Angel/Seed (2015): $500K led by Equity Venture Partners
Series A (2017): $2.2M supported by RTL Group, The Aura Group, and AddVenture Fund
Series B (2022): $68M featuring SecondQuarter, Tiger Global, Perennial, Jason Lenga, and Siteminder
Key Investors in Shippit
RTL Group
A leading European media conglomerate with extensive interests in broadcasting, content production, and digital media services, providing strategic support for digital-first enterprises.
Tiger Global
An independent contract manufacturing and sourcing group established in 2003, focused on operational excellence and global supply chain optimization.
AddVenture Fund
Now operating as Tidal Ventures, this firm specializes in providing venture capital and strategic guidance to innovative startups and growth-oriented businesses.
What's next for Shippit?
With the infusion of capital from its latest funding round, Shippit is well-positioned to accelerate its product development roadmap and deepen its market penetration. The strategic focus will likely center on enhancing its proprietary shipping algorithms, expanding its carrier network, and strengthening its enterprise-grade features to support larger, more complex retail ecosystems. As the demand for seamless e-commerce fulfillment continues to rise, Shippit's ability to leverage this investment will be pivotal in maintaining its competitive edge and driving long-term value for its stakeholders.
See full Shippit company page
