About Shippo
Shippo is a company based in San Francisco (United States) founded in 2013 by Simon Kreuz and Laura Behrens Wu.. Shippo has raised $154 million across 8 funding rounds from investors including Bessemer Venture Partners, Digital.ai and Union Square Ventures. The company has 127 employees as of December 31, 2022. Shippo offers products and services including Shipping App, Shipping API, and Address Validation. Shippo operates in a competitive market with competitors including ShipBob, Deliverr, BILT, EasyPost and NewStore, among others.
- Headquarter San Francisco, United States
- Employees 127 as on 31 Dec, 2022
- Founders Simon Kreuz, Laura Behrens Wu
- Stage Unicorn
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Sectors
Transportation, Automotive & LogisticsRetail
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Popout Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$154 M (USD)
in 8 rounds
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Latest Funding Round
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Investors
Bessemer Venture Partners
& 8 more
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Employee Count
127
as on Dec 31, 2022
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Products & Services of Shippo
Shippo offers a comprehensive portfolio of products and services, including Shipping App, Shipping API, and Address Validation. 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.
App for creating and managing shipping labels and rates
API for integrating shipping tools into business systems
Service for verifying and managing delivery addresses
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Software Development Team
45 people
Sales and Marketing
10 people
Product Management Team
9 people
Leadership Team
7 people
Senior Team
6 people
Data Analysis and Operations Team
6 people
Operations Team
4 people
Finance and Accounting
4 people
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Funding Insights of Shippo
Shippo has successfully raised a total of $154M across 8 strategic funding rounds. 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 8
- Last Round Last Round
- First Round First Round
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2022 | Amount | Series E - Shippo | Valuation |
investors |
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| Jun, 2021 | Amount | Series D - Shippo | Valuation | Bessemer Venture Partners |
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| Feb, 2021 | Amount | Series D - Shippo | Valuation |
investors |
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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 Shippo
Shippo has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include Bessemer Venture Partners, Digital.ai and Union Square 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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Venture capital investments and support for entrepreneurs in technology and innovation sectors.
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Founded Year | Domain | Location | |
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Venture capital firm focused on blockchain, wellbeing, and multiple sectors
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Founded Year | Domain | Location | |
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Venture capital is invested in multiple sectors by Uncork Capital.
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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 Shippo
| 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 - Shippo
| 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 |
Shippo Comparisons
Competitors of Shippo
Shippo 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 ShipBob, Deliverr, BILT, EasyPost and NewStore, 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 |
E-commerce fulfillment solutions are provided for direct-to-consumer brands.
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| domain | founded_year | HQ Location |
Tech-enabled fulfillment services are provided to e-commerce businesses.
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| domain | founded_year | HQ Location |
Developer of an app providing 3D assembly instructions for consumer goods
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| domain | founded_year | HQ Location |
Shipping and e-commerce solutions are delivered through SaaS for businesses.
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| domain | founded_year | HQ Location |
Omnichannel platform is provided for retail fulfillment and customer engagement.
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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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Latest news on Shippo
Frequently Asked Questions about Shippo
When was Shippo founded?
Shippo was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Where is Shippo located?
Shippo is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Who is the current CEO of Shippo?
Laura Behrens Wu is the current CEO of Shippo. They have also founded this company.
Is Shippo a funded company?
Shippo is a funded company, having raised a total of $154M across 8 funding rounds to date. The company's 1st funding round was a Series D of $45M, raised on Feb 03, 2014.
How many employees does Shippo have?
As of Dec 31, 2022, the latest employee count at Shippo is 127.
What does Shippo do?
Shippo is a provider of web-based shipping solutions for e-commerce businesses. It comes with an API that connects shipping labels with e-commerce portals. Its portal allows merchants to print shipping labels, get shipping rates in real-time, track packages, print customs forms, submit refunds, return management, and optimize package allocation across all available shipping providers. Direct shipping integration for shopping cart platforms like Bigcommerce, Shopify, Magento, and Etsy and carriers like DHL, FedEx, UPS, etc. The company offers solutions on the subscription-based policy.
What products or services does Shippo offer?
Shippo offers Shipping App, Shipping API, and Address Validation.
Who are Shippo's investors?
Shippo has 9 investors. Key investors include Bessemer Venture Partners, Digital.ai, Union Square Ventures, Uncork Capital, and Version One Ventures.
What is Shippo's valuation?
The valuation of Shippo is $1B as of Jun 2021.
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