ShipBob operates a full-stack logistics platform combining physical warehousing with merchant software to help e-commerce brands store, pick, pack and ship orders. The company works with roughly 5,000 e-commerce businesses and integrates with about 40 partners and marketplaces, including Amazon, Walmart, Shopify, BigCommerce, Wix, Square and Squarespace. ShipBob runs warehouses across around 20 locations in the U.S., Canada, Europe and Australia and offers a “Prime”-style option enabling merchants to provide affordable two-day shipping. The company is already profitable and says it will invest in geographic expansion and additional R&D around software, robotics and autonomous systems. Co‑founder Divey Gulati and CEO Dhruv Saxena emphasize the platform’s goal of creating scale for smaller brands to compete with larger marketplaces. ShipBob offers full‑stack fulfillment technology and services that enable thousands of ecommerce businesses to manage inventory and ship orders quickly while preserving brand identity. The company operates ten fulfillment centers across the US, Canada and Europe and integrates with leading ecommerce platforms and marketplaces including Amazon, Walmart, Shopify, BigCommerce, Wix and Squarespace. Its platform includes an apps marketplace offering partners and integrations for returns management, inventory management and financing solutions. The new capital is intended to expand the company’s software platform, scale its global fulfillment network and bring its solutions to more customers. ShipBob was founded in 2014 and was launched through Y Combinator by co‑founders Dhruv Saxena and Divey Gulati. The company has raised $130.5 million in funding to date. ShipBob provides fulfillment, inventory management, shipping and back-office logistics services for small e-commerce businesses, aiming to help them compete with Amazon’s fast-delivery expectations. The company was launched through Y Combinator in 2014 by Dhruv Saxena and Divey Gulati. ShipBob’s platform automates elements of e-commerce operations and focuses on enabling smaller merchants to offer fast shipping across the country. The startup is headquartered in Chicago. To expand its capabilities and better serve merchants, ShipBob recently raised a new funding round. Its fundraising history includes a $5 million Series A in 2016 and a $17.5 million Series B the following year. ShipBob provides logistics and fulfillment solutions for thousands of e-commerce businesses through proprietary software that predicts trends, shopping habits and geographic insights across multiple selling channels. Its platform powers fulfillment centers in Chicago, Los Angeles, New York and San Francisco, enabling same-day fulfillment and ground delivery in 1–2 business days. The company integrates with e-commerce platforms including eBay, Shopify and Amazon and has shipped more than two million packages to date. Founded in 2014 and launched through Y Combinator, ShipBob combines in-house shipping operations with technology designed for Amazon-scale logistics. The company intends to use the $17.5m Series B to accelerate growth and expand its software platform. ShipBob offers outsourced packaging, inventory storage and order-fulfillment services that let small online retailers and sole proprietors outsource packing and shipping for eBay, Etsy or stores built with tools like Shopify, Bitcommerce and WooCommerce. Customers pay a small subscription fee plus the cost of discounted postage; ShipBob also provides packaging-design help, sources packaging materials and in some markets will pick up inventory. Co-founder Divey Gulati says successful e-commerce businesses can save 20–25% in overhead by using ShipBob. Hyde Park Venture Partners led a $4 million Series A that Hyde Park’s founder Ira Weiss said will be used for hiring and to build warehouses in at least five new U.S. cities over the next year. The article cites an IBIS World estimate that U.S. order-fulfillment services generate about $9 billion annually, and Hyde Park says ShipBob is projecting 500% growth with this round. Competitors named include public company Ryder Systems and startups ShipStation, FulfillRite and Shipwire.

Total raised

$331M

Funding rounds

6

Latest round

Series E

Latest activity

Jun 2021