Shipium provides a supply-chain coordination tech stack that uses data modeling, machine learning, and logic to recommend the cheapest and fastest shipping methods for e-commerce retailers. Its platform coordinates forecasting, inventory movement, and carrier selection to automate previously fragmented and static decisions. The company says it can reduce shipping costs by over 5% and speed up estimated delivery by several days. Shipium processed nearly 10 million shipments in the past nine months and is on track to process over 50 million shipments by year end; it delivers in all 50 states and covers over 91% of five-digit ZIP codes. Founded in 2019 by former Amazon Prime and Zulily supply-chain builders and led by CEO Jason Murray, the company has raised $38.7 million to date. Management plans to ramp up engineering and expand sales and marketing to accelerate product development and customer adoption. Shipium is a Seattle startup that provides API-based fulfillment software to help online retailers make operational decisions inside fulfillment centers. Its services integrate with existing systems to choose shipping options, optimize box sizes, and select the fastest or cheapest delivery methods. The product is delivered as infrastructure software-as-a-service and aims to help retailers “fight back” against Amazon by enabling Prime-like experiences without reconfiguring physical operations. The company is led by supply chain veterans Jason Murray and Mac Brown—both early Amazon employees, with Murray a longtime Amazon vice president and Brown later VP of supply chain and fulfillment software at Zulily. Shipium is a roughly 10-person team with a handful of well-known brand customers and will process tens of millions of shipments this year. The company declined to provide revenue metrics and is not profitable. Shipium is a four-person Seattle startup building supply-chain optimization and data processing as a service aimed at enabling faster e-commerce fulfillment. The company describes its products as delivery experience APIs, fulfillment network performance, customer delivery dashboards, and shipping insights. Shipium’s stated goal is to make two-day fulfillment possible for any online retailer, targeting brands that lack Amazon-like logistics. It is working with pilot customers in direct-to-consumer fashion apparel and is in talks with a larger consumer electronics company. The founders, Jason Murray and Mac Brown, are ex-Amazon and ex-Zulily supply-chain veterans who emphasize improving sales conversions through shipping and reducing partner shipping costs. Financially, the company recently closed a $2 million seed round led by PSL Ventures and is remaining tight-lipped about exact operational details.

Total raised

$38M

Funding rounds

3

Latest round

Series A

Latest activity

Apr 2022