# Shipmates

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/shipmates

- Industry: Software
- Headquarters: Pasig City, Philippines
- Website: http://www.shipmates.app/
- Total disclosed funding: $2.7M
- Latest round: Seed (Sep 8, 2022)
- Investors on record: 12

## About

Based in the Philippines, and founded in 2021 by its CEO Josh Supan and CTO David Marquez, Shipmates operates as an e-commerce shipping solution that enables booking on-demand and standard orders using multiple couriers. In September 2022, Shipmates raised 2.2 million in a seed round led by Cathexis Investment Management, Sketchnote, Taurus Ventures, and Wavemaker Partners.  

Shipmates offer a platform that assists shippers with services like bulk booking of shipments, validation of customer addresses, track shipment, access to book standard couriers, access to book on-demand couriers, and bulk printable waybills. The Shipmates accounts can be accessed through a web browser on desktop computer. In addition, the company allows owners to compare courier rates.

The company generates revenue by offering shipping services on per user basis with level 1, level 2, and level 3 packages.

The company plans to use the seed funding to help e-commerce businesses and online small and medium enterprises (SMEs).

## Funding rounds

- Seed, Sep 8, 2022, $2.2M — Wavemaker Partners, Y Combinator, Monk's Hill Ventures, Taurus Ventures, Cathexis Investment Management, Iterative, CapitalX, MyAsiaVC, Sketchnote, Buko Ventures, Grant Park Ventures, Ascend Angels
- Seed, Jun 1, 2022, $0.5M — Y Combinator

## Investors

- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed
- Wavemaker Partners (https://capitalatlas.ai/funds/wavemaker-partners) — Seed
- Monk's Hill Ventures (https://capitalatlas.ai/funds/monk-s-hill-ventures) — Seed
- Taurus Ventures (https://capitalatlas.ai/funds/taurus-ventures) — Seed
- Cathexis Investment Management (https://capitalatlas.ai/funds/cathexis-investment-management) — Seed
- Iterative (https://capitalatlas.ai/funds/iterative) — Seed
- CapitalX (https://capitalatlas.ai/funds/capitalx) — Seed
- MyAsiaVC (https://capitalatlas.ai/funds/myasiavc) — Seed
- Sketchnote — Seed
- Buko Ventures (https://capitalatlas.ai/funds/buko-ventures) — Seed
- Grant Park Ventures (https://capitalatlas.ai/funds/grant-park-ventures) — Seed
- Ascend Angels — Seed