About Shippit
Shippit is a company based in Sydney (Australia) founded in 2015 by Brad Lorge was acquired by Shippit in March 2022. It operates as a SaaS (Software-as-a-Service), and Managed Services. Shippit offers products and services including NowGo, Multi-Carrier Shipping, and Shippit Intelligence. Shippit operates in a competitive market with competitors including HERE, Zubie, Routeware, Wise Systems and PTV Group, among others.
- Headquarter Sydney, Australia
- Founders Brad Lorge
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Sectors
Transportation, Automotive & Logistics
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Phone
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Website
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Social
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- Legal Name Shippit
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Products & Services of Shippit
Shippit offers a comprehensive portfolio of products and services, including NowGo, Multi-Carrier Shipping, and Shippit Intelligence. 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.
AI-powered platform for optimizing fleet delivery operations.
Platform for managing multiple carrier delivery options.
AI-driven insights for smarter shipping decisions.
Funding Insights of Shippit
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Shippit
Shippit has secured backing from 1 investor. Prominent investors backing the company include Shippit. 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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Order fulfillment and shipping solutions are provided for businesses.
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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 Shippit
| 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 - Shippit
| 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 |
Shippit Comparisons
Competitors of Shippit
Shippit 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 HERE, Zubie, Routeware, Wise Systems and PTV Group, 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 |
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| domain | founded_year | HQ Location |
Location-based services and mapping solutions are provided globally.
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| domain | founded_year | HQ Location |
Vehicle data is monitored through plugin devices for usage-based insurance.
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| domain | founded_year | HQ Location |
Fleet operations are managed through software solutions provided by Routeware.
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| domain | founded_year | HQ Location |
Offers AI & web-based route optimization software
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| domain | founded_year | HQ Location |
Modeling and simulation software for transportation scenarios is provided.
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| domain | founded_year | HQ Location |
Cloud-based route planning and optimization solutions are provided for logistics.
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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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Frequently Asked Questions about Shippit
When was Shippit founded?
Shippit was founded in 2015.
Where is Shippit located?
Shippit is headquartered in Sydney, Australia. It is registered at Sydney, New South Wales, Australia.
What does Shippit do?
Shippit is engaged in delivering technology-driven logistics solutions through its platforms like NowGo and Shippit Intelligence. The company focuses on fleet management, multi-carrier shipping, and data insights to optimize delivery operations. Services are offered across sectors like eCommerce, delivery operations, and specialized shipping, including bulky and international freight. Solutions are designed to lower costs, improve efficiency, and enhance customer satisfaction with real-time tracking and automation tools.
Who are the top competitors of Shippit?
Shippit's top competitors include HERE, Zubie and RouteMatch.
What products or services does Shippit offer?
Shippit offers NowGo, Multi-Carrier Shipping, and Shippit Intelligence.
Who are Shippit's investors?
Shippit has 1 investor. Key investors include Shippit.