About Shipt
Shipt is a company based in Birmingham (United States) founded in 2014 was acquired by Target in December 2017. Shipt has raised $60.1 million across 2 funding rounds from investors including Target, Harbert Management and Greycroft. Shipt operates in a competitive market with competitors including DoorDash, Instacart, Postmates, Getir and Gopuff, among others.
- Headquarter Birmingham, United States
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Sectors
Retail
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Phone
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Website
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- Legal Name Shipt, Inc.
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People of Shipt
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Software Development Team
115 people
Senior Team
34 people
Operations Team
32 people
Personal Team
30 people
Leadership Team
30 people
Sales and Marketing
28 people
Product Management Team
26 people
Shipt Team
16 people
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Funding Insights of Shipt
Shipt has successfully raised a total of $60.1M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $40 million completed in June 2017. 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 Shipt
Shipt has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Target, Harbert Management and Greycroft.
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Infrastructure, hedge, private equity, and debt fund focused on multiple sectors
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Investments are made in early-stage tech startups across multiple sectors.
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Investor details for Shipt
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Investments & Acquisitions by Shipt
Investment portfolio details for Shipt
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Financial Statements - Shipt
Detailed financials for Shipt
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Shipt Comparisons
Peer comparison for Shipt
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Competitors of Shipt
Shipt 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 DoorDash, Instacart, Postmates, Getir and Gopuff, among others.
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Food and grocery deliveries are facilitated through an app-based platform.
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Online marketplace platform offering multi-category grocery products
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Online platform providing on-demand hyperlocal delivery services
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Multi-category grocery products are delivered via a mobile app platform.
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Online platform offering on-demand delivery services for food and groceries
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Detailed competitors of Shipt
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Latest news on Shipt
Complete news archive for Shipt
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Frequently Asked Questions about Shipt
Shipt was founded in 2014 and raised its 1st funding round 2 years after it was founded.
Shipt is headquartered in Birmingham, United States. It is registered at Birmingham, Alabama, United States.
Kelly Caruso is the current CEO of Shipt.
Shipt is a funded company, having raised a total of $60.1M across 2 funding rounds to date.
Shipt was founded in 2014 in Birmingham, United States, operating in the on-demand delivery sector. Grocery items and household essentials from local stores are accessed through its app, where product details are viewed and orders placed for delivery. The service covers over various grocery products and is available on Android and iOS platforms, supporting users in multiple locations.
Shipt has 4 investors. Key investors include Target, Harbert Management, Greycroft, and Headline.