About ShipMonk
ShipMonk is a company based in Pompano Beach (United States) founded in 2015 by Jan Bednar. ShipMonk has raised $365 million across 3 funding rounds from investors including Periphas Capital, Summit Partners and SJF Ventures. ShipMonk has completed 2 acquisitions, including 321 Fulfillment and Ruby Has Fulfillment. ShipMonk offers products and services including Fulfillment Solutions, Shipping and Transportation, and Warehouse Management. ShipMonk operates in a competitive market with competitors including Stord, Flexe, EasyPost, GigaCloud Technology and Skupos, among others.
- Headquarter Pompano Beach, United States
- Founders Jan Bednar
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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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- Legal Name Shipmonk, Inc.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$365 M (USD)
in 3 rounds
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Latest Funding Round
$65 M (USD), Series B
Jan 27, 2021
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Investors
Periphas Capital
& 4 more
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Employee Count
Not available
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Investments & Acquisitions
321 Fulfillment
& 1 more
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Products & Services of ShipMonk
ShipMonk offers a comprehensive portfolio of products and services, including Fulfillment Solutions, Shipping and Transportation, and Warehouse Management.
Manages order processing and inventory for e-commerce.
Optimizes rates and ensures fast global shipping.
Handles storage and distribution across multiple locations.
People of ShipMonk
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Funding Insights of ShipMonk
ShipMonk has successfully raised a total of $365M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $65 million completed in January 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 ShipMonk
ShipMonk has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Periphas Capital, Summit Partners and SJF Ventures.
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Venture capital fund investing in multiple sectors
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Summit Partners is recognized as a growth equity investment firm.
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Impact venture capital is invested in early-stage US companies.
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Investor details for ShipMonk
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Investments & Acquisitions by ShipMonk
ShipMonk has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include 321 Fulfillment and Ruby Has Fulfillment.
Investment portfolio details for ShipMonk
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- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Cloud-based shipping and logistics software is provided for e-commerce operations.
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E-commerce orders are fulfilled, shipped, and logistically managed.
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Complete acquisition details for ShipMonk
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- Domains and locations
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Financial Statements - ShipMonk
Detailed financials for ShipMonk
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Shipmonk Comparisons
Peer comparison for ShipMonk
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Competitors of ShipMonk
ShipMonk 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 Stord, Flexe, EasyPost, GigaCloud Technology and Skupos, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Cloud-based end-to-end logistics and supply chain solutions are provided.
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E-commerce delivery, fulfillment, and logistics solutions are provided for businesses.
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Shipping and e-commerce solutions are delivered through SaaS for businesses.
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Logistics management solutions are provided for e-commerce businesses.
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SaaS ERP software is offered for multi-industry operations management.
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Connects online merchants with their customers
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Detailed competitors of ShipMonk
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Latest news on Shipmonk
Complete news archive for ShipMonk
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Frequently Asked Questions about ShipMonk
ShipMonk was founded in 2015 and raised its 1st funding round 3 years after it was founded.
ShipMonk is headquartered in Pompano Beach, United States. It is registered at Pompano Beach, Florida, United States.
Jan Bednar is the current CEO of ShipMonk. They have also founded this company.
ShipMonk is a funded company, having raised a total of $365M across 3 funding rounds to date.
ShipMonk was founded in 2015 in Pompano Beach, United States, within the ecommerce fulfillment sector. Order fulfillment and distribution services are offered, including integration with various shopping carts and marketplaces. Outsourced operations such as warehousing, picking, kitting, labeling, and shipping are managed for clients like multi-channel retailers, flash sales entities, and crowdfunded campaigns. Proprietary software for order fulfillment and inventory management has been developed to support these activities.
ShipMonk offers Fulfillment Solutions, Shipping and Transportation, and Warehouse Management.
ShipMonk has made 2 acquisitions, including 321 Fulfillment, and Ruby Has Fulfillment.
ShipMonk has 5 investors. Key investors include Periphas Capital, Summit Partners, SJF Ventures, Grotech Ventures, and Supply Chain Ventures.