What is Shippo?
Headquartered in California, Shippo provides a comprehensive software platform designed to streamline the fulfillment process for online sellers. By integrating directly with e-commerce platforms, warehouse management systems, and global carriers, the company simplifies the complexities of shipping, label generation, and tracking. This technological layer is essential for businesses aiming to optimize their logistics operations, reduce overhead, and improve delivery transparency. Shippo's market position is defined by its ability to serve a diverse range of clients, from small independent retailers to large-scale enterprise operations, effectively digitizing the traditional shipping workflow.
How much funding has Shippo raised?
Shippo has raised a total of $154.3M across 8 funding rounds:
Multiple Rounds
$2.3M
Series A
$7M
Series B
$20M
Series C
$30M
Series D
$45M
Other Financing Round
$50M
Other Financing Round (2014): $25K with participation from Plug and Play and 500.com
Other Financing Round (2014): $250K led by Taiga Matsuyama, Fadi Ghandour, FundersClub, and Dirk Herzbach
Angel/Seed (2014): $2M supported by FundersClub, Slow Ventures, SoftTech VC, 500.com, Digital Business Factory, VersionOne, and East Ventures
Series A (2016): $7M featuring VersionOne, Softech VC, and Union Square Ventures
Series B (2017): $20M backed by Shanti Bergel, Uncork Capital, Union Square Ventures, and Bessemer Venture Partners
Series C (2020): $30M with participation from Version One, Uncork Capital, Union Square Ventures, D1 Capital Partners, and Bessemer Venture Partners
Series D (2021): $45M, investors not publicly disclosed
Other Financing Round (2021): $50M supported by Bessemer Venture Partners
Key Investors in Shippo
Bessemer Venture Partners
Bessemer Venture Partners is a long-standing venture capital firm established in 1911, with a global presence and a focus on supporting transformative companies across various technology sectors.
Union Square Ventures
Union Square Ventures is a New York City-based firm that targets innovative companies poised for growth by identifying opportunities within shifting technological and societal markets.
Uncork Capital
Uncork Capital is a seed-stage venture firm that provides critical support to startups during their early growth phases, fostering long-term partnerships with visionary entrepreneurs.
What's next for Shippo?
Following its recent major strategic investment, Shippo is well-positioned to accelerate its product development roadmap and deepen its enterprise capabilities. The company is expected to focus on enhancing its API-first architecture to support more complex, high-volume shipping requirements while expanding its footprint in international markets. As the e-commerce landscape continues to demand faster and more reliable delivery solutions, Shippo's strategic focus will likely center on leveraging its capital to integrate advanced predictive analytics and automated logistics management tools. This trajectory suggests a continued push toward becoming the foundational infrastructure for global digital commerce fulfillment.
See full Shippo company page
