# Shipwire

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

- Industry: Logistics & Distribution
- Headquarters: Santa Clara, US
- Website: www.shipwire.com
- Total disclosed funding: $9M
- Latest round: Series B (Mar 19, 2009)
- Investors on record: 1

## About

Shipwire provides innovative global fulfillment solutions that enhance logistics for e-commerce and retail businesses. Its technology-driven platform simplifies order management and optimizes shipping processes for improved customer satisfaction.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 has successfully completed 4 deals since its inception, with its most recent funding round occurring in October 2013, raising USD 6.00 mn from investors including Meakem Becker Venture Capital, Newell Rubbermaid, and eBay Inc.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 serves various industries, including apparel, consumer electronics, and health and beauty, across North America, Europe, and Asia-Pacific.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. Clients can choose tailored solutions that match their operational needs, with specific pricing plans reflecting the complexity and scale of services utilized.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. The recent funding of USD 6.00 mn will be allocated to support these growth initiatives, emphasizing the importance of innovation and market expansion in fulfilling customer needs.

## Funding rounds

- Series B, Mar 19, 2009, $5M — Meakem Becker Venture Capital
- Series A, Jun 22, 2007, $4M — Meakem Becker Venture Capital

## Investors

- Meakem Becker Venture Capital (https://capitalatlas.ai/funds/meakem-becker-venture-capital) — Series A, Series B