About Stitch Labs
Stitch Labs is a Transportation, Automotive & Logistics company based in San Francisco (United States) founded in 2011, and was acquired by Square in July 2020. Cloud-based inventory management is delivered for multi-channel retailers. It operates on a SaaS (Software-as-a-Service) model in Transportation, Automotive & Logistics and Retail sectors. Stitch Labs has raised $23.1 million across 5 funding rounds from investors including Square, Square 1 Bank and Triangle Peak Partners. The company has 48 employees. Stitch Labs offers products and services including Inventory Management, Order Management, Channel Management, and Fulfillment Solutions. Its focus areas include Technology, Software and Business Software. Its legal entity is STITCH LABS INC. Its competitors include Shippo, ShipBob and Deliverr; 3 of its 3 listed competitors have raised funding.
Company details
Stitch Labs is known for providing operations management platforms tailored for growing commerce brands. Key tools developed by the company include inventory and order management, channel management, and fulfillment solutions. The focus is placed on supporting businesses in streamlining their operational processes. Acquired by Square in 2020, the team has been integrated into Squares Seller organization to enhance tools for sellers. Existing products are set to be sunset by Spring 2021 to prioritize the development of Squares offerings.
Products & Services of Stitch Labs
Stitch Labs offers a comprehensive portfolio of products and services, including Inventory Management, Order Management, Channel Management, and Fulfillment Solutions.
Inventory tracking and management for commerce brands provided.
Order processing and tracking for businesses are facilitated.
Sales channel coordination for brands is effectively managed.
Order fulfillment services for commerce brands are offered.
Funding Insights of Stitch Labs
Stitch Labs has successfully raised a total of $23.1M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $15 million completed in October 2015. 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 $23.1M
- Total Rounds 5
- Last Round Series B — $15M
- First Round $1.1M
(Feb 2012)
- Investors Count 4
All 5 funding rounds of Stitch Labs with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2015 | $15M | Series B | – | Triangle Peak Partners | – |
| Aug 2014 | $3.5M | Series A | – | – | |
| Sep 2013 | $3.5M | Series A | – | Costanoa Venture | |
| Mar 2013 | $1.4M | Debt – Conventional | – | – | |
| Feb 2012 | $1.1M | Seed | – | True Ventures | – |
5 investors in total: 5 institutional.
Investors in Stitch Labs
Stitch Labs has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Square, Square 1 Bank and Triangle Peak Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity and VC-based investment firm | trianglepeakpartners.com | Palo Alto, United States | ||
Venture capital firm supporting AI founders through investments and community. | trueventures.com | |||
Tech focused Early stage VC Firm investing in the US | costanoavc.com | Palo Alto, United States | ||
Venture debt, treasury, and cash management services are provided. | 2005 | square1bank.com | Durham, United States | |
POS solutions are provided for retail businesses. | 2009 | squareup.com | San Francisco, United States |
Investor details for Stitch Labs
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Timeline of Stitch Labs
4 dated milestones of Stitch Labs across 9 years, from founding to its latest funding, stage changes and deals.
- Founded Stitch Labs is founded.
- Funding First funding round of $1.1M.
- Funding Latest funding round, Series B, of $15.0M.
- Exit Acquired by Square.
Competitors of Stitch Labs
Stitch Labs has 3 listed competitors in our database, 3 of them funded. They include Shippo, ShipBob and Deliverr.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| goshippo.com | 2013 | San Francisco, United States | $154M | 127 | Web-based shipping solutions are provided for e-commerce businesses. | |
| shipbob.com | 2014 | Chicago, United States | $332.7M | 1,338 | E-commerce fulfillment solutions are provided for direct-to-consumer brands. | |
| deliverr.com | 2017 | San Francisco, United States | $490M | 336 | Tech-enabled fulfillment services are provided to e-commerce businesses. |
Detailed competitors of Stitch Labs
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- Full competitor set
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Web traffic of Stitch Labs
Websites that share an audience with Stitch Labs (stitchlabs.com).
Websites whose visitors overlap most with Stitch Labs. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| tradegecko.com | 100% | 5.5K | #3,509,749 | View details | |
| wix.com | 75% | 36.7M | #1,001 | View details | |
 3.bp.blogspot.com | 3.bp.blogspot.com | 75% | – | ||
| lettuceapps.com | 40% | View details | |||
| shipstation.com | 31% | 8M | #4,653 | View details |
Top companies in Logistics Technology & Platforms
3 companies that operate in the same segment as Stitch Labs (Logistics Technology & Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Food and grocery deliveries are facilitated through an app-based platform. | 2013 | San Francisco, California, United States | USD 2.5 B | USD 10.72 B | 80,579 | |
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners. | 2015 | San Francisco, California, United States | USD 915 M | USD 1.62 B | 5,792 | |
Cloud-based logistics software suite is provided for supply chain management. | 1994 | Schaumburg, Illinois, United States | USD 35 M | USD 1.42 B | 3,600 |
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Related news about Stitch Labs
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Frequently Asked Questions about Stitch Labs
Stitch Labs was founded in 2011 and raised its 1st funding round 1 year after it was founded.
Stitch Labs is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Stitch Labs is a funded company, having raised a total of $23.1M across 5 funding rounds to date. The company's 1st funding round was a Seed of $1.1M, raised on Feb 2012.
Stitch Labs has 48 employees.
Stitch Labs is known for providing operations management platforms tailored for growing commerce brands. Key tools developed by the company include inventory and order management, channel management, and fulfillment solutions. The focus is placed on supporting businesses in streamlining their operational processes. Acquired by Square in 2020, the team has been integrated into Squares Seller organization to enhance tools for sellers. Existing products are set to be sunset by Spring 2021 to prioritize the development of Squares offerings.
Stitch Labs offers Inventory Management, Order Management, Channel Management, and Fulfillment Solutions.
Stitch Labs has 5 investors. Key investors include Square, Square 1 Bank, Triangle Peak Partners, Costanoa Venture, and True Ventures.
Stitch Labs operates through Stitch Labs Inc.
Yes. Stitch Labs was acquired by Square in July 2020.