About ShipBob
ShipBob is a company based in Chicago (United States) founded in 2014 by Dhruv Saxena, Jivko Bojinov, and Divey Gulati. ShipBob has raised $332.7 million across 8 funding rounds from investors including SVB, Wefunder and SoftBank Group. The company has 355 employees as of April 06, 2024. ShipBob operates in a competitive market with competitors including Shiprocket, Shippo, Digimarc, BILT and Unicommerce, among others.
- Headquarter Chicago, United States
- Employees 355 as on 06 Apr, 2024
- Founders Dhruv Saxena, Jivko Bojinov, Divey Gulati
- Stage Unicorn
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Sectors
TechnologyTransportation, Automotive & Logistics Retail
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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 Shipbob India Private Limited
- Date of Incorporation 06 Jan, 2021
- Jurisdiction Delhi, Delhi, India
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Annual Revenue
$7.91 M (USD)155.24as on Mar 31, 2023
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Net Profit
$791.43 K (USD)148.84as on Mar 31, 2023
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EBITDA
$1.31 M (USD)156.66as on Mar 31, 2023
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Total Equity Funding
$332.7 M (USD)
in 8 rounds
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Latest Funding Round
$200 M (USD), Series E
Jun 29, 2021
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Investors
SVB
& 12 more
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Employee Count
355
as on Apr 06, 2024
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People of ShipBob
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Software Development Team
92 people
Senior Team
31 people
Human Resources and Administration
27 people
Sales and Marketing
27 people
Operations Team
21 people
Leadership Team
17 people
Manager Team
12 people
Merchant Team
8 people
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Funding Insights of ShipBob
ShipBob has successfully raised a total of $332.7M across 8 strategic funding rounds. The most recent funding activity was a Series E round of $200 million completed in June 2021. 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.
Investors in ShipBob
ShipBob has secured backing from 13 investors, including venture fund and institutional investors. Prominent investors backing the company include SVB, Wefunder and SoftBank Group.
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Venture capital fund focused on investing in multiple sectors
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Early-stage venture capital firm investing in AI, healthcare, and tech sectors.
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Early-stage venture capital is invested in Midwest technology startups.
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Investor details for ShipBob
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Investments & Acquisitions by ShipBob
Investment portfolio details for ShipBob
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Financial Statements - ShipBob
Detailed financials for ShipBob
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Shipbob Comparisons
Peer comparison for ShipBob
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Competitors of ShipBob
ShipBob 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 Shiprocket, Shippo, Digimarc, BILT and Unicommerce, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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E-commerce tools for shipping, marketing, and financial services are provided.
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Web-based shipping solutions are provided for e-commerce businesses.
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Anti-counterfeiting barcode solutions are supplied to brands and retailers.
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Developer of an app providing 3D assembly instructions for consumer goods
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Provider of e-commerce enablement platform automating order processing, inventory, warehouse, and shipping
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Detailed competitors of ShipBob
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Latest news on Shipbob
Complete news archive for ShipBob
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Frequently Asked Questions about ShipBob
ShipBob was founded in 2014.
ShipBob is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Dhruv Saxena is the current CEO of ShipBob. They have also founded this company.
ShipBob is a funded company, having raised a total of $332.7M across 8 funding rounds to date.
As of Apr 06, 2024, the latest employee count at ShipBob is 355.
Annual revenue of ShipBob is $7.91M as on Mar 31, 2023.
Founded in 2014 and headquartered in Chicago, United States, ShipBob operates in the e-commerce logistics sector. A proprietary software platform is utilized across a network of warehouses where orders are routed automatically, inventory is managed, items are picked and packed, and shipments are delivered to customers. Services encompass warehousing, custom packaging, returns processing, and software tools for order consolidation, inventory tracking, customer notifications, and data analytics.
ShipBob's top competitors include Shiprocket, Shippo and BILT.
ShipBob has 13 investors. Key investors include SVB, Wefunder, SoftBank Group, FundersClub, and Recruit Holdings.
The valuation of ShipBob is $1B as of Jun 2021.