About Innoship
Innoship is a company based in Bucharest (Romania) founded in 2019 by Andrei Paul was acquired by Alsendo Group in October 2022.. Innoship has raised $647.57 thousand across 1 funding round from investors including Alsendo Group and GapMinder. Innoship offers products and services including Innoship Platform, API Integration Service, and Analytics Dashboard. Innoship operates in a competitive market with competitors including Delhivery, Shadowfax, ShipMonk, XpressBees and Cainiao, among others.
- Headquarter Bucharest, Romania
- Founders Andrei Paul
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Sectors
Transportation, Automotive & LogisticsRetail
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Innoship
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$647.57 K (USD)
in 1 rounds
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Latest Funding Round
$647.57 K (USD), Seed
Aug 05, 2020
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Investors
Alsendo Group
& 1 more
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Employee Count
Employee Count
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Acquired by
Alsendo Group
(Oct 18, 2022)
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Products & Services of Innoship
Innoship offers a comprehensive portfolio of products and services, including Innoship Platform, API Integration Service, and Analytics Dashboard. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Software for generating AWBs and optimizing courier allocations
API for connecting with couriers and tracking shipments
Dashboard for real-time delivery performance analysis
Funding Insights of Innoship
Innoship has successfully raised a total of $647.57K through 1 strategic funding round. The most recent funding activity was a Seed round of $647.57 thousand completed in August 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $647,570
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First Round
First Round
(05 Aug 2020)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2020 | Amount | Seed - Innoship | Valuation | Gapminder |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Innoship
Innoship has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Alsendo Group and GapMinder. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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GapMinder is focused on venture capital investments in startups.
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Founded Year | Domain | Location | |
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Logistics and technological solutions for business shipping are provided.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Innoship
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Innoship
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Innoship Comparisons
Competitors of Innoship
Innoship operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Delhivery, Shadowfax, ShipMonk, XpressBees and Cainiao, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Integrated logistics services including parcel delivery and warehousing are provided.
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| domain | founded_year | HQ Location |
Express delivery logistics solutions are provided for businesses and individuals.
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| domain | founded_year | HQ Location |
Ecommerce order fulfillment, warehousing, and distribution services are provided.
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| domain | founded_year | HQ Location |
End-to-end logistics delivery and courier solutions are provided.
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| domain | founded_year | HQ Location |
Tech-enabled end-to-end delivery services are provided for e-commerce and groceries.
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| domain | founded_year | HQ Location |
On-demand delivery solutions are provided for same-day courier services.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Innoship
Frequently Asked Questions about Innoship
When was Innoship founded?
Innoship was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Where is Innoship located?
Innoship is headquartered in Bucharest, Romania.
Is Innoship a funded company?
Innoship is a funded company, having raised a total of $647.57K across 1 funding round to date. The company's 1st funding round was a Seed of $647.57K, raised on Aug 05, 2020.
What does Innoship do?
Innoship was established in 2019 in Bucharest, Romania, as a provider in the logistics sector. Operations focus on automated order allocation, shipping label generation, real-time tracking, return handling, and diverse delivery methods such as same-day, next-day, locker, or point-of-delivery options. Analytics and reports are accessible via a dedicated dashboard to support business oversight.
Who are the top competitors of Innoship?
Innoship's top competitors include Delhivery, Shadowfax and XpressBees.
What products or services does Innoship offer?
Innoship offers Innoship Platform, API Integration Service, and Analytics Dashboard.
Who are Innoship's investors?
Innoship has 2 investors. Key investors include Alsendo Group, and GapMinder.
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