# SHIPSTA S.à r.l.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/shipsta-s-a-r-l

- Industry: Software
- Headquarters: Luxembourg, Luxembourg
- Website: www.shipsta.com
- Total disclosed funding: $13M
- Latest round: Series B (Mar 2, 2023)
- Investors on record: 4

## About

Based in Mertert, Luxembourg, and founded in 2015 by Oliver Ritzmann (CPO), Stefan Maratzki (CTO), Jürgen Leger (CFO)and Christian Wilhelm (CRO) SHIPSTA S.à r.l. is a logistics company that provides a digital platform that connects shippers and carriers for spot and contract buying of freight. In March 2022, Shipsta raised EUR 8.9 million in venture funding led by new investor Tricap Investments. As of March 2022, the company employes over 65 workers, and is based in Luxembourg, and Germany, and David Waroquier is its CEO.

Shipista is a data-driven platform that uses crowdsourcing to enable firms of all sizes to bundle orders for low-cost freight quantities. The company provides software that automates all difficult activities, aids in product creation, pricing, and customer service, and allows businesses in responding to market volatility, controlling freight costs, and managing risk in their supply chain.

The company intends to use the March 2022 funding to continue its growth during the logistics digitalization wave and accelerate its global reach.

## Funding rounds

- Series B, Mar 2, 2023, $3.4M — Flint Capital
- Series B, Feb 10, 2022, $4M — Mangrove Capital Partners, Tricap Investments, RTP Global
- Series A, Jul 9, 2020, $2.3M — Mangrove Capital Partners, RTP Global
- Series A, May 8, 2019, $3.4M — Mangrove Capital Partners, RTP Global

## Investors

- Mangrove Capital Partners (https://capitalatlas.ai/funds/mangrove-capital-partners) — Series A, Series B
- RTP Global (https://capitalatlas.ai/funds/rtp-global) — Series A, Series B
- Tricap Investments (https://capitalatlas.ai/funds/tricap-investments) — Series B
- Flint Capital (https://capitalatlas.ai/funds/flint-capital) — Series B