About Skipcart
Skipcart is a company based in Boerne (United States) founded in 2014 was acquired by 7-Eleven in August 2022.. Skipcart has raised $11.54 million across 1 funding round from investors including 7-Eleven. Skipcart offers products and services including Skipcart Express and DeliverB4. Skipcart operates in a competitive market with competitors including DropOff, Dispatch, RaRa Delivery, Rickshaw and PartRunner, among others.
- Headquarter Boerne, United States
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Sectors
Transportation, Automotive & Logistics
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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 Skipcart Delivery, Llc
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Products & Services of Skipcart
Skipcart offers a comprehensive portfolio of products and services, including Skipcart Express and DeliverB4. 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.
Platform for scheduling fast on-demand deliveries for businesses.
Affordable solution for businesses to handle delivery logistics.
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Funding Insights of Skipcart
Skipcart has successfully raised a total of $11.54M through 1 strategic funding round. The most recent funding activity was a Series B round of $11.54 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.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series B — $11.5M
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First Round
First Round
(06 Jan 2021)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2021 | Amount | Series B - Skipcart | 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 Skipcart
Skipcart has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include 7-Eleven. 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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Convenience stores are operated internationally, offering everyday essentials.
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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 Skipcart
| 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 - Skipcart
| 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 |
Skipcart Comparisons
Competitors of Skipcart
Skipcart 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 DropOff, Dispatch, RaRa Delivery, Rickshaw and PartRunner, 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 |
Provider of on-demand courier services
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| domain | founded_year | HQ Location |
Hyperlocal delivery services for businesses are provided with real-time tracking.
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| domain | founded_year | HQ Location |
On-demand last-mile logistics service provider
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| domain | founded_year | HQ Location |
B2B delivery services are provided online using algorithms and apps.
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| domain | founded_year | HQ Location |
A logistics platform specializing in big and bulky product transportation.
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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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Latest news on Skipcart
Frequently Asked Questions about Skipcart
When was Skipcart founded?
Skipcart was founded in 2014 and raised its 1st funding round 7 years after it was founded.
Where is Skipcart located?
Skipcart is headquartered in Boerne, United States. It is registered at Boerne, Texas, United States.
Is Skipcart a funded company?
Skipcart is a funded company, having raised a total of $11.54M across 1 funding round to date. The company's 1st funding round was a Series B of $11.54M, raised on Jan 06, 2021.
What does Skipcart do?
Founded in 2014 and based in Boerne, United States, Skipcart operates in the logistics sector as an online platform for hyperlocal delivery. Services are targeted at enterprises, with an API available for integrating client websites. Orders placed by customers are routed to delivery agents, who handle pickup and transport to end locations within local areas. The platform facilitates efficient, on-demand fulfillment for business needs.
Who are the top competitors of Skipcart?
Skipcart's top competitors include Dispatch, DropOff and RaRa Delivery.
What products or services does Skipcart offer?
Skipcart offers Skipcart Express and DeliverB4.
Who are Skipcart's investors?
Skipcart has 1 investor. Key investors include 7-Eleven.
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