# Shippn Global Lojistik Hizmetler A.S.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/shippn-global-lojistik-hizmetler-a-s

- Industry: Internet
- Headquarters: Turkey
- Website: www.shippn.com/
- Total disclosed funding: $0.4M
- Latest round: Seed (Dec 30, 2022)
- Investors on record: 4

## About

Shippn Global Lojistik Hizmetler A.S. specializes in facilitating international purchases and shipping. Founded in 2016 in Turkey, the company has completed 2 deals to date. In March 2024, Shippn Global Lojistik Hizmetler A.S. raised USD 547,000 million in pre-series A funding led by new investor KT Portfoy, with participation from another new investor Kultepe Yatirim. Returning investors APY Ventures, Lima Ventures, Mindvest, individual investors, and other unspecified investors also participated in the round. Levent Ilhaner, Seyfi Erol, and Enes Guren co-founded the firm. Duhan Icoz is leading the firm as CEO as of 2025.

Shippn offers a global shipping service that allows customers to purchase products from international retailers that may not ship directly to their home countries. The core product consists of a platform that connects shoppers with local hosts in various countries. These hosts collect purchased items and forward them to the customers' addresses worldwide. Shippn caters to a diverse clientele, including individual shoppers, collectors, and international businesses, enabling them to access goods from regions such as the United States, United Kingdom, Australia, Germany, Japan, and many more. The service is designed to simplify the international shopping experience, alleviating issues related to shipping restrictions and delivery challenges. Since its inception, Shippn has expanded its reach to over 41 countries, providing users with access to a variety of goods, including hard-to-find and fragile items that require special handling. 

Shippn operates on a transaction-based revenue model, generating income through service fees charged for facilitating international purchases and shipping. Customers typically engage with the platform by selecting a host in the desired country, using the host's address for checkout, and paying for the forwarding service. The transaction structure involves direct payments from consumers to the company, with costs varying based on the shipping distance, item weight, and selected logistics partner. Shippn collaborates with reputable courier services like DHL, TNT, UPS, and FedEx to ensure reliable delivery, which is reflected in the pricing of their services. While specific pricing details for individual services are not disclosed, the company emphasizes cost savings of up to 70% on shipping compared to standard rates, highlighting its commitment to providing affordable global shopping solutions.

## Funding rounds

- Seed, Dec 30, 2022, $0.4M — Aktif Bank, APY Ventures, Lima Ventures, Mindvest

## Investors

- Aktif Bank — Seed
- APY Ventures (https://capitalatlas.ai/funds/apy-ventures) — Seed
- Lima Ventures (https://capitalatlas.ai/funds/lima-ventures) — Seed
- Mindvest (https://capitalatlas.ai/funds/mindvest) — Seed
