About Shipmates
Shipmates is a company based in Pasig (Philippines) founded in 2021 by David Marquez.. Shipmates has raised $2.33 million across 3 funding rounds from investors including Wavemaker Partners, Sketchnote and Cathexis Ventures. Shipmates operates in a competitive market with competitors including Anchanto, Growsari, Unicommerce, Shipup and FlixStock, among others.
- Headquarter Pasig, Philippines
- Founders David Marquez
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Sectors
Transportation, Automotive & LogisticsRetail
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.33 M (USD)
in 3 rounds
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Latest Funding Round
$2.2 M (USD), Seed
Sep 08, 2022
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Investors
Wavemaker Partners
& 11 more
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Employee Count
Employee Count
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Funding Insights of Shipmates
Shipmates has successfully raised a total of $2.33M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $2.2 million completed in September 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 3
- Last Round Seed — $2.2M
- First Round First Round
- Investors Count 12
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2022 | Amount | Seed - Shipmates | Valuation | Y Combinator , Iterative | |
| Jun, 2022 | Amount | Seed - Shipmates | Valuation | Y Combinator |
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| Nov, 2021 | Amount | Seed - Shipmates | Valuation |
investors |
| 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 Shipmates
Shipmates has secured backing from 12 investors, including venture fund and institutional investors. Prominent investors backing the company include Wavemaker Partners, Sketchnote and Cathexis Ventures. 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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Investments in early-stage technology companies are made by Wavemaker Partners.
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Founded Year | Domain | Location | |
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Venture capital fund focused on multiple sectors
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Founded Year | Domain | Location | |
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Early-stage tech investments are made in US and Southeast Asia.
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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 Shipmates
| 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 - Shipmates
| 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 |
Shipmates Comparisons
Competitors of Shipmates
Shipmates 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 Anchanto, Growsari, Unicommerce, Shipup and FlixStock, 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 |
SaaS solutions for e-commerce and logistics operations are delivered.
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| domain | founded_year | HQ Location |
Online B2B marketplace for grocery products and services is operated.
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| domain | founded_year | HQ Location |
Provider of e-commerce enablement platform automating order processing, inventory, warehouse, and shipping
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| domain | founded_year | HQ Location |
Parcel tracking platform is offered for online retailers.
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| domain | founded_year | HQ Location |
AI-based 3D models and images are generated for fashion retailers.
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| domain | founded_year | HQ Location |
Cloud-enabled asset-light fulfillment services are provided for e-commerce and retail.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Frequently Asked Questions about Shipmates
When was Shipmates founded?
Shipmates was founded in 2021.
Where is Shipmates located?
Shipmates is headquartered in Pasig, Philippines. It is registered at Pasig, National Capital Region, Philippines.
Is Shipmates a funded company?
Shipmates is a funded company, having raised a total of $2.33M across 3 funding rounds to date.
What does Shipmates do?
Shipmates was founded in 2021 and is based in Pasig, Philippines. Operations focus on the logistics sector, where shipment booking is enabled through various on-demand and standard courier networks. Services include multi-courier tracking, automated bill generation, same-day pickup and delivery options, and bulk booking capabilities. The platform supports eCommerce businesses in managing shipments efficiently across these integrated systems.
Who are the top competitors of Shipmates?
Who are Shipmates's investors?
Shipmates has 12 investors. Key investors include Wavemaker Partners, Sketchnote, Cathexis Ventures, Taurus Ventures, and Y Combinator.