Shipium
Latest round
- Series A
Last raised
- Apr 2022
Total raised
- $38M
Investors
- 4
About Shipium
Shipium Corp.Founded in 2019 and headquartered in Seattle, US, Shipium Corp. specializes in shipping technology aimed at improving logistics for businesses.528 mn.Shipium specializes in a comprehensive shipping technology platform designed to streamline supply chain operations for businesses. The core offerings include dynamic time-in-transit modeling to provide accurate estimated delivery dates, a universal rules engine for flexible business rules, and advanced machine learning capabilities to optimize shipping processes. These products are aimed at addressing critical pain points in logistics, including increasing customer satisfaction, reducing shipping costs, and enhancing operational efficiency. Shipium's technology is utilized by a diverse client base, including retailers, logistics service providers, and B2B e-commerce businesses, allowing them to consolidate their shipping operations across various existing systems such as Warehouse Management Systems (WMS), Order Management Systems (OMS), and Transportation Management Systems (TMS).Shipium generates revenue through a subscription-based model, offering clients access to its suite of shipping optimization tools and services. Businesses partner with Shipium to leverage its technology for managing shipping logistics, resulting in enhanced delivery promises and reduced operational costs. The revenue structure is built around tiered subscription plans that cater to varying business sizes and needs, facilitating both B2B relationships and direct services to retailers.In April 2022, Shipium Corp. The company is focused on designing new products to enhance its offering and plans to expand its reach into new geographic markets.
Who invested in Shipium
4 investors across 3 rounds
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Questions about Shipium
Who invested in Shipium?
Shipium has 4 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Shipium raised?
Shipium has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did Shipium last raise money?
Shipium's most recent round on record is a Series A, in Apr 2022.
What does Shipium do?
Shipium is a logistics & distribution company.
Where is Shipium headquartered?
Shipium is headquartered in Seattle, US.
Which VCs invest in companies like Shipium?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back logistics & distribution companies at Shipium's stage. Their profiles are linked below.
VCs backing logistics & distribution startups at Series A
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