About Shipamax
Shipamax is a company based in London (United Kingdom) founded in 2016 was acquired by WiseTech Global in November 2022.. Shipamax has raised $12.15 million across 3 funding rounds from investors including WiseTech Global, Mosaic Ventures and Y Combinator. The company has 27 employees as of March 31, 2022. Shipamax offers products and services including DocRouter, AP Invoice Reconciliation, and Customs Declarations. Shipamax operates in a competitive market with competitors including JDA software, Blue Yonder, Amber Road, Chronicled and Deposco, among others.
- Headquarter London, United Kingdom
- Employees 27 as on 31 Mar, 2022
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Sectors
Transportation, Automotive & LogisticsTechnology
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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 Shipamax Ltd.
- Date of Incorporation 11 Mar, 2016
- Jurisdiction YORK, UNITED KINGDOM
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$12.15 M (USD)
in 3 rounds
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Latest Funding Round
$9.53 M (USD), Series A
Jan 14, 2020
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Investors
WiseTech Global
& 6 more
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Employee Count
27
as on Mar 31, 2022
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Acquired by
WiseTech Global
(Nov 02, 2022)
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Products & Services of Shipamax
Shipamax offers a comprehensive portfolio of products and services, including DocRouter, AP Invoice Reconciliation, and Customs Declarations. 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.
Automates categorization and routing of logistics email attachments.
Reconciles accounts payable invoices with high accuracy in real-time.
Automates data capture for creating accurate customs declarations.
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Data Analysis and Operations Team
1 people
Team Team
1 people
Machine Team
1 people
CTO Team
1 people
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Funding Insights of Shipamax
Shipamax has successfully raised a total of $12.15M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $9.53 million completed in January 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 3
- Last Round Series A — $9.5M
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First Round
First Round
(22 May 2017)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2020 | Amount | Series A - Shipamax | Valuation | Mosaic Ventures | |
| Jun, 2017 | Amount | Seed - Shipamax | Valuation |
investors |
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| May, 2017 | Amount | Seed - Shipamax | Valuation | Cherubic Ventures |
| 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 Shipamax
Shipamax has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include WiseTech Global, Mosaic Ventures and Y Combinator. 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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Early-stage investments in European sectors are managed by Mosaic Ventures.
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Founded Year | Domain | Location | |
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Early-stage startups are accelerated via funding and educational programs.
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Founded Year | Domain | Location | |
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Investments in early-stage software companies are managed by the firm.
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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 Shipamax
| 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 - Shipamax
| 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 |
Shipamax Comparisons
Competitors of Shipamax
Shipamax 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 JDA software, Blue Yonder, Amber Road, Chronicled and Deposco, 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 |
Cloud-based supply chain and retail solutions are provided.
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| domain | founded_year | HQ Location |
AI and cloud-based supply chain management solutions are provided.
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| domain | founded_year | HQ Location |
Cloud-based global trade management solutions are provided to enterprises.
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| domain | founded_year | HQ Location |
AI and blockchain are applied to supply chain authenticity solutions.
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| domain | founded_year | HQ Location |
Provider of SaaS-based warehouse management solutions
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| domain | founded_year | HQ Location |
Supply chain analytics and management solutions are provided globally.
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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 Shipamax
Frequently Asked Questions about Shipamax
When was Shipamax founded?
Shipamax was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Where is Shipamax located?
Shipamax is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Is Shipamax a funded company?
Shipamax is a funded company, having raised a total of $12.15M across 3 funding rounds to date. The company's 1st funding round was a Seed of $2.5M, raised on May 22, 2017.
How many employees does Shipamax have?
As of Mar 31, 2022, the latest employee count at Shipamax is 27.
What does Shipamax do?
Shipamax was founded in 2016 in London, United Kingdom, within the logistics sector. A cloud-based communication platform is provided for freight brokers and operators. Existing systems, including email clients and voyage management tools, are interfaced to support collaboration among stakeholders. Operations focus on data entry automation and integration. Pricing is feature-based, starting at 20 dollars per month per user as of September 2017.
Who are the top competitors of Shipamax?
Shipamax's top competitors include Blue Yonder, GT Nexus and Amber Road.
What products or services does Shipamax offer?
Shipamax offers DocRouter, AP Invoice Reconciliation, and Customs Declarations.
Who are Shipamax's investors?
Shipamax has 7 investors. Key investors include WiseTech Global, Mosaic Ventures, Y Combinator, Crane Venture Partners, and AME Cloud Ventures.
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