About Shipfusion
Shipfusion is a company based in Toronto (Canada) founded in 2013 by Michael Stock and Brandon Luft. It operates as a Managed Services, and Direct-to-Consumer (D2C). Shipfusion has raised $40 million across 2 funding rounds from investors including Kayne Anderson Capital Advisors and SV Angel. Shipfusion offers products and services including Ecommerce Fulfillment, Inventory Management, Returns Management, and Freight Solutions. Shipfusion operates in a competitive market with competitors including Unicommerce, Yottaa, Sampler, Anchanto and Shipup, among others.
- Headquarter Toronto, Canada
- Founders Michael Stock, Brandon Luft
-
Sectors
Transportation, Automotive & LogisticsRetail
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Shipfusion Inc.
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$40 M (USD)
in 2 rounds
-
Latest Funding Round
$40 M (USD), Series A
Apr 13, 2022
-
Investors
Kayne Anderson Capital Advisors
& 1 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Shipfusion
Shipfusion offers a comprehensive portfolio of products and services, including Ecommerce Fulfillment, Inventory Management, Returns Management, and Freight Solutions. 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.
Orders are processed and shipped for ecommerce brands.
Inventory is tracked and managed in real-time efficiently.
Customer returns are handled and processed with care.
Freight is booked and tracked in real-time easily.
Unlock access to complete
Funding Insights of Shipfusion
Shipfusion has successfully raised a total of $40M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $40 million completed in April 2022. 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 2
- Last Round Series A — $40.0M
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2022 | Amount | Series A - Shipfusion | Valuation | Kayne Anderson Capital Advisors |
|
| Jan, 2014 | Amount | Seed - Shipfusion | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Shipfusion
Shipfusion has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Kayne Anderson Capital Advisors and SV Angel. 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 |
|---|---|---|---|---|
|
Early-stage investments are provided to transformative technology companies.
|
Founded Year | Domain | Location | |
|
-
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Shipfusion
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Shipfusion
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Shipfusion Comparisons
Competitors of Shipfusion
Shipfusion 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 Unicommerce, Yottaa, Sampler, Anchanto and Shipup, 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 |
Provider of e-commerce enablement platform automating order processing, inventory, warehouse, and shipping
|
|
| domain | founded_year | HQ Location |
Cloud-based landing page optimization is provided for brands and retailers.
|
|
| domain | founded_year | HQ Location |
Provider of SaaS-based retail sampling solutions
|
|
| domain | founded_year | HQ Location |
SaaS solutions for e-commerce and logistics operations are delivered.
|
|
| domain | founded_year | HQ Location |
Parcel tracking platform is offered for online retailers.
|
|
| domain | founded_year | HQ Location |
Cloud-based retail management software is provided for offline stores.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Shipfusion
Frequently Asked Questions about Shipfusion
When was Shipfusion founded?
Shipfusion was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Where is Shipfusion located?
Shipfusion is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Who is the current CEO of Shipfusion?
Brandon Luft is the current CEO of Shipfusion. They have also founded this company.
Is Shipfusion a funded company?
Shipfusion is a funded company, having raised a total of $40M across 2 funding rounds to date.
What does Shipfusion do?
Shipfusion is involved in offering comprehensive ecommerce fulfillment and logistics solutions. Services are provided across various sectors including supplements, cosmetics, health and wellness, pet care, toys, subscription boxes, consumer packaged goods, sporting goods, books, and food and beverages. Warehouses are operated in multiple locations in the United States and Canada, ensuring coverage of the North American market. Advanced technology is utilized for real-time inventory management, order processing, and freight tracking. Integration with major ecommerce platforms like Shopify, Amazon, and Magento is supported to streamline operations for clients.
Who are the top competitors of Shipfusion?
Shipfusion's top competitors include Anchanto, FlixStock and Unicommerce.
What products or services does Shipfusion offer?
Shipfusion offers Ecommerce Fulfillment, Inventory Management, Returns Management, and Freight Solutions.
Who are Shipfusion's investors?
Shipfusion has 2 investors. Key investors include Kayne Anderson Capital Advisors, and SV Angel.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.