# Shippabo

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

- Industry: Software
- Headquarters: Los Angeles, US
- Website: www.shippabo.com
- Total disclosed funding: $1.8M
- Latest round: Seed (Feb 16, 2017)
- Investors on record: 6

## About

Based in the US, Shippabo operates as a cloud-based logistics technology provider, specializing in freight forwarding and supply chain management solutions that enhance shipping processes and visibility for businesses.Shippabo was founded in 2015 in Los Angeles, US, as a logistics technology firm focusing on freight forwarding and supply chain solutions. The company has received Seed funding of USD 1.8 mn, led by Wonder Ventures, with participation from 79 Studios, Charge Ventures, Double M Partners, Slow Ventures, and TenOneTen Ventures. The total amount raised stands at USD 1.8 mn as of February 16, 2017. Nina Luu serves as both the Founder and CEO of the company.Shippabo is a comprehensive logistics technology provider that specializes in freight forwarding and supply chain management. Its core offerings include a cloud-based platform that enables businesses to optimize their shipping processes through advanced visibility, real-time tracking, and data integration. The platform facilitates seamless coordination among various stakeholders, enabling clients to manage shipments from manufacturing through to final delivery while maintaining compliance and tracking inventory in real-time. Shippabo serves a diverse client base, which includes manufacturers, retailers, and wholesalers across various industries such as automotive, mining, and consumer goods. The company operates in key geographical markets including North America, Europe, and parts of Asia, providing solutions tailored to the unique logistics demands of these regions.Shippabo generates revenue primarily through freight forwarding services, which include ocean, air, and trucking transportation solutions, as well as customs brokerage and duty drawback services. Revenue is structured around transaction-based pricing models, with clients engaging in annual software service agreements based on their container volume. Clients, which range from small businesses to larger enterprises, pay for access to the platform and its suite of services, including predictive intelligence and targeted reporting features. The platform enhances visibility into supply chains and allows clients to benefit from competitive shipping rates negotiated through Shippabo's extensive partner network, ensuring tailored services that align with their specific logistics needs.Shippabo plans to leverage the recent Seed funding of USD 1.8 mn to enhance its platform and develop new product features aimed at improving user experience and operational efficiency. The company is also targeting expansion into Europe and parts of Asia by 2025, seeking to establish a stronger presence in these markets. The funding will support product development initiatives and market entry strategies, allowing Shippabo to better serve its clients and respond to evolving logistics demands.

## Funding rounds

- Seed, Feb 16, 2017, $1.8M — Slow, Double M Partners, TenOneTen Ventures, Wonder Ventures, Charge Ventures, 79 Studios

## Investors

- Slow (https://capitalatlas.ai/funds/slow) — Seed
- Double M Partners — Seed
- TenOneTen Ventures (https://capitalatlas.ai/funds/tenoneten-ventures) — Seed
- Wonder Ventures (https://capitalatlas.ai/funds/wonder-ventures) — Seed
- Charge Ventures (https://capitalatlas.ai/funds/charge-ventures) — Seed
- 79 Studios (https://capitalatlas.ai/funds/79-studios) — Seed