Shipwire
Latest round
- Series B
Last raised
- Mar 2009
Total raised
- $9M
Investors
- 1
About Shipwire
Shipwire provides innovative global fulfillment solutions that enhance logistics for e-commerce and retail businesses.Shipwire, founded in 2004 in Santa Clara, US, specializes in fulfillment solutions for e-commerce brands and retailers. In October 2013, Shipwire was acquired by Ingram, although the financial details of the deal were not disclosed. The company's CEO is Jerome Thil.Shipwire offers a comprehensive suite of global fulfillment solutions designed to streamline logistics for e-commerce brands, retailers, and wholesalers. The company's core product offerings include a technology-driven order and inventory management platform, enabling businesses to automate direct-to-consumer (D2C) fulfillment, manage retail orders efficiently, and expand sales channels through omnichannel fulfillment. Shipwire's services also encompass specialized fulfillment solutions such as reverse logistics, returns management, dropshipping capabilities, and transportation optimization, addressing challenges faced by brands in delivering products to customers. This service suite enhances delivery performance and reduces shipping times, improving the overall customer experience.Shipwire generates revenue through various transactional models, primarily focusing on providing fulfillment services to its clients. The company structures its transactions based on partnerships with retailers and wholesalers, as well as B2B and direct-to-consumer relationships. Their revenue model features subscription-based services for access to their logistics platform, along with fees for processing orders and managing inventory. Shipwire's key offerings, such as its machine-learning-powered platform and global warehouse network, enable businesses to optimize shipping operations and minimize logistics costs.Following its acquisition in October 2013, Shipwire is poised for further growth by enhancing its service offerings and expanding into new markets. Upcoming product launches are in development, focusing on optimizing shipping efficiency and improving customer engagement. The company aims to enter additional geographic regions, although specific markets and timelines have not been disclosed.00 mn will be allocated to support these growth initiatives, emphasizing the importance of innovation and market expansion in fulfilling customer needs.
Who invested in Shipwire
1 investor across 2 rounds
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Questions about Shipwire
Who invested in Shipwire?
Shipwire has 1 investor on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Shipwire raised?
Shipwire has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Shipwire last raise money?
Shipwire's most recent round on record is a Series B, in Mar 2009.
What does Shipwire do?
Shipwire provides innovative global fulfillment solutions that enhance logistics for e-commerce and retail businesses.
Where is Shipwire headquartered?
Shipwire is headquartered in Santa Clara, US.
Which VCs invest in companies like Shipwire?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back logistics & distribution companies at Shipwire's stage. Their profiles are linked below.
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