# SnapShip

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

- Industry: Logistics & Distribution
- Headquarters: Las Vegas, US
- Website: www.snapship.it
- Total disclosed funding: $3M
- Latest round: Seed (Oct 31, 2017)
- Investors on record: 3

## About

SnapShip Inc. provides innovative logistics solutions designed to streamline shipping and enhance operational efficiency for businesses in various sectors, focusing on technology-driven applications.Founded in 2014 and headquartered in Las Vegas, US, SnapShip Inc. specializes in logistics solutions aimed at transforming shipping processes. The company is led by founder and CEO Abtin Rostamian. In October 2017, SnapShip raised USD 1.5 mn in Seed funding from Founders Fund and Liquid 2 Ventures, marking its second deal.SnapShip Inc. specializes in offering innovative logistics solutions tailored to address specific industry challenges. The company provides technology-driven products that enhance operational efficiency and streamline shipping processes for a diverse customer base, including enterprise clients and small to medium-sized businesses. Its flagship offerings have gained traction in geographical markets such as North America, Europe, and Asia-Pacific, catering to end users aiming to improve productivity. Through active engagement with industry stakeholders, SnapShip continuously refines its offerings to meet evolving market needs.SnapShip Inc. generates revenue through direct-to-consumer sales and business-to-business transactions with a mix of subscription-based and one-time purchase pricing plans. The company collaborates with established partners to facilitate product integration into client operations. Revenue primarily stems from the sale of key trademarked products, priced competitively to ensure accessibility across various customer budgets, fostering long-term client relationships and supporting overall revenue growth.SnapShip Inc. is focused on expanding its product lineup and geographic presence following its recent Seed funding of USD 1.5 mn raised in October 2017. The company plans to launch new logistics solutions aimed at enhancing shipping efficiency, with releases anticipated within the next year. Additionally, plans are in place to penetrate new markets in Europe and Asia by 2024, utilizing the recent funding to support product development and targeted marketing efforts.

## Funding rounds

- Seed, Oct 31, 2017, $1.5M — Founders Fund, Liquid 2 Ventures
- Seed, Jun 30, 2014, $1.5M — Obvious

## Investors

- Obvious (https://capitalatlas.ai/funds/obvious) — Seed
- Founders Fund (https://capitalatlas.ai/funds/founders-fund) — Seed
- Liquid 2 Ventures (https://capitalatlas.ai/funds/liquid-2-ventures) — Seed