Overview

EasyPost provides shipping solutions through its Shipping APIs, which allow businesses to manage their shipping processes efficiently. These APIs enable clients to integrate shipping functionalities into their systems, giving them access to compare rates from various carriers like USPS, UPS, FedEx, and DHL on a single platform. This multi-carrier access helps businesses find the best shipping options for their needs. EasyPost operates on a subscription or usage-based fee model, allowing clients to use the service for free for the first 120,000 packages annually, after which fees apply based on shipment volume. Additionally, EasyPost offers shipping insurance to protect packages against loss or damage, and provides data-backed tools to optimize shipping costs and delivery times. The company's goal is to streamline logistics operations for businesses of all sizes, ensuring reliable delivery and cost savings.

Simplify's Take

What believers are saying

• Partnerships with FedEx and Manhattan Associates enhance service offerings and market reach.
• New DHL eCommerce solutions capitalize on expanding international eCommerce markets.
• AI and machine learning integration optimizes shipping routes and reduces delivery times.

What critics are saying

• Increased competition from emerging shipping API providers may erode market share.
• Over-reliance on FedEx partnership could reduce bargaining power with other carriers.
• Carbon Offset API adoption may be limited if customers resist paying extra for offsets.

What makes EasyPost unique

• EasyPost offers a best-in-class multi-carrier shipping API for seamless integration.
• The company provides shipping insurance across all carriers and service levels.
• EasyPost's Carbon Offset API aligns with rising sustainable shipping practices.

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Funding

Total Funding

$37.5M

Below

Industry Average

Funded Over

3 Rounds

Notable Investors:

SV AngelY Combinator

Notable Investors:

SV AngelY Combinator

$25,000,000

Series B

Sep 2021

Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.

Series B Funding Comparison

Below Average

Industry standards

Ind Avg. $35M

$4M

$25M

$30M

$45M

$65M

$100M

View all funding stages