ShipBob Raises $200 Million in Series E

by Kay Aloha Villamor in August 27th, 2021

 

ShipBob, a cloud-based logistics platform, has raised $200 million in a Series E round, achieving unicorn status. Valuing the E-commerce Logistics Platform at over $1 Billion.

The Series E financing was led by Bain Capital Ventures, with participation from prior investors including SoftBank, Menlo Ventures, Hyde Park Venture Partners, Hyde Park Angels, and Silicon Valley Bank.

The new capital will expand their software platform, scale their global fulfillment network and bolster their omnichannel commerce capabilities.

Company: Shipbob Inc.

Raised: $200.0M

Round: Series E

Funding Month: June 2021

Lead Investors: Bain Capital Ventures

Additional Investors: SoftBank, Menlo Ventures, Hyde Park Venture Partners, Hyde Park Angels, and Silicon Valley Bank

Company Website: http://www.shipbob.com/

Software Category: cloud-based logistics platform 

About the Company: ShipBob is the leading cloud-based logistics platform designed for small and medium-sized businesses to provide them with access to best-in-class supply chain and fulfillment capabilities. The ShipBob platform provides merchants with a single view of their business and customers across all of their sales channels and enables them to manage products, inventory, orders, shipments, and leverage analytics and reporting to run their business effectively.

Source: https://www.prnewswire.com/news-releases/shipbob-raises-200-million-in-series-e-funding-led-by-bain-capital-ventures-valuing-the-ecommerce-logistics-platform-well-over-1-billion-301321574.html

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