About Shippn
Shippn is a company based in Clifton (United States) founded in 2016 by Seyfi Erol.. Shippn has raised $904.83 thousand across 2 funding rounds from investors including Kuveyt Turk Portfolio, APY Ventures and Mindvest GSYF. Shippn operates in a competitive market with competitors including MyUS.com, Edfa3ly, Forward Parcel, Sealed and Yollando, among others.
- Headquarter Clifton, United States
- Founders Seyfi Erol
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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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$904.83 K (USD)
in 2 rounds
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Latest Funding Round
$547 K (USD), Seed
Mar 04, 2024
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Investors
Kuveyt Turk Portfolio
& 7 more
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Employee Count
Employee Count
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Funding Insights of Shippn
Shippn has successfully raised a total of $904.83K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $547 thousand completed in March 2024. 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 Seed — $547,000
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First Round
First Round
(30 Dec 2022)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Mar, 2024 | Amount | Seed - Shippn | Valuation | Kuveyt Turk Portfolio , APY Ventures | |
| Dec, 2022 | Amount | Seed - Shippn | Valuation | APY Ventures , Aktif Ventures |
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| 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 Shippn
Shippn has secured backing from 8 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Kuveyt Turk Portfolio, APY Ventures and Mindvest GSYF. 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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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 Shippn
| 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 - Shippn
| 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 |
Shippn Comparisons
Competitors of Shippn
Shippn 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 MyUS.com, Edfa3ly, Forward Parcel, Sealed and Yollando, 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 |
Cross border ecommerce and shipping
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| domain | founded_year | HQ Location |
Cross-border package shipping is managed via an online platform.
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| domain | founded_year | HQ Location |
Proxy addresses are provided for shipping Indian purchases abroad.
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| domain | founded_year | HQ Location |
Expert insights from Southeast Asia are connected to global organizations.
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| domain | founded_year | HQ Location |
Cross-border deliveries from Turkish online stores are enabled globally.
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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 Shippn
When was Shippn founded?
Shippn was founded in 2016 and raised its 1st funding round 6 years after it was founded.
Where is Shippn located?
Shippn is headquartered in Clifton, United States.
Is Shippn a funded company?
Shippn is a funded company, having raised a total of $904.83K across 2 funding rounds to date. The company's 1st funding round was a Seed of $357.83K, raised on Dec 30, 2022.
What does Shippn do?
Shippn was founded in 2016 in Clifton, United States, within the logistics and e-commerce sector. An online platform is operated to facilitate cross-border package storage and shipping for customer purchases. Proxy addresses from hosts in the source country are utilized by users, with notifications sent upon delivery. Packages are then forwarded to final destinations through established service providers, supporting international transactions.
Who are the top competitors of Shippn?
Who are Shippn's investors?
Shippn has 8 investors. Key investors include Kuveyt Turk Portfolio, APY Ventures, Mindvest GSYF, Lima Ventures, and Kultepe Investment.
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