What is Shippo?
Founded in 2013, Shippo operates as a sophisticated shipping and fulfillment platform designed to bridge the gap between e-commerce merchants and a diverse array of carriers. By integrating with 3PL providers, warehouse management systems, and major e-commerce marketplaces, the company provides a unified interface that streamlines the fulfillment process. This technological layer is essential for businesses looking to optimize their shipping operations, reduce overhead, and improve delivery transparency in an increasingly competitive digital retail market.
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 500.com and Plug and Play
Other Financing Round (2014): $250K led by FundersClub, Dirk Herzbach, Taiga Matsuyama, and Fadi Ghandour
Angel/Seed (2014): $2M supported by FundersClub, Digital Business Factory, 500.com, SoftTech VC, Slow Ventures, VersionOne, and East Ventures
Series A (2016): $7M featuring Union Square Ventures, Softech VC, and VersionOne
Series B (2017): $20M backed by Union Square Ventures, Bessemer Venture Partners, Uncork Capital, and Shanti Bergel
Series C (2020): $30M with participation from Union Square Ventures, D1 Capital Partners, Version One, Uncork Capital, 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
Union Square Ventures
A New York City-based venture capital firm that invests in transformative markets influenced by technological and societal changes, focusing on innovative companies poised for long-term growth.
Bessemer Venture Partners
A historic venture capital firm with a global presence, specializing in identifying and scaling high-potential technology companies across various sectors.
Uncork Capital
A seed-stage venture firm that commits early to startups, providing critical support and partnership to help companies navigate the challenges of early-stage development.
What's next for Shippo?
With the recent influx of capital, Shippo is well-positioned to accelerate its product development and expand its market footprint. The company is expected to focus on enhancing its enterprise-grade features, potentially deepening its integration capabilities and scaling its infrastructure to support higher transaction volumes. As the e-commerce sector continues to demand more efficient and automated logistics solutions, Shippo's strategic roadmap likely involves strengthening its competitive moat through advanced data analytics and broader carrier partnerships, ensuring it remains a foundational tool for the next generation of digital commerce.
See full Shippo company page
