ShipBob

ShipBob

Global logistics and order fulfillment services

About ShipBob

Simplify's Rating
Why ShipBob is rated
B-
Rated B on Competitive Edge
Rated A on Growth Potential
Rated D+ on Rating Differentiation

Industries

Industrial & Manufacturing

Consumer Goods

Company Size

1,001-5,000

Company Stage

Series E

Total Funding

$325.4M

Headquarters

Chicago, Illinois

Founded

2014

Overview

ShipBob provides logistics and order fulfillment services for e-commerce businesses, catering to both small and large clients. The company uses a warehouse management system (WMS) to manage inventory and process orders. Clients send their products to ShipBob's fulfillment centers located in various countries, including the US, UK, EU, Canada, and Australia. When an order is placed, ShipBob picks, packs, and ships the product from the nearest center, ensuring fast delivery, with over 95% of orders shipped within two days in the US. Additionally, ShipBob offers services like EDI-automated workflows and retailer-compliant packing slips to help businesses manage wholesale orders. The company earns revenue through storage fees and fulfillment charges, positioning itself as a tech-enabled logistics provider focused on efficient inventory management and reliable shipping.

YC Company
Simplify Jobs

Simplify's Take

What believers are saying

  • Increased demand for omnichannel solutions as 63% plan to add new sales channels.
  • Partnership with Allcargo enhances international shipping capabilities, boosting global competitiveness.
  • New fulfillment center in Western Canada reduces shipping times and costs for Canadians.

What critics are saying

  • Emerging startups offering similar services at lower costs threaten market share.
  • Competitors' AI and automation advancements may outpace ShipBob's technology.
  • Rising labor costs in key markets could impact profitability if not managed.

What makes ShipBob unique

  • ShipBob offers 1-2 day delivery with a vast network of fulfillment centers.
  • Its software integrates with major e-commerce platforms like Shopify and Amazon.
  • ShipBob provides EDI-automated workflows for seamless wholesale and retail order fulfillment.

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Funding

Total Funding

$325.4M

Above

Industry Average

Funded Over

6 Rounds

Series E funding typically includes additional rounds after Series D if the company needs more capital. The business is usually stable, and these rounds are typically used for further expansion or to address market challenges.
Series E Funding Comparison
Above Average

Industry standards

$100M
$245M
Stripe
$250M
Reddit
$1250M
Epic Games
$1500M
Airbnb

Benefits

Flexible time off

Remote HQ

401K match

Quarterly wellness days

Meeting-less Fridays

Parental leave

Happy hours, snacks, & club

Medical, dental, & vision coverage

Pet insurance

Growth & Insights and Company News

Headcount

6 month growth

1%

1 year growth

2%

2 year growth

2%
PR Newswire
Feb 10th, 2025
Shipbob Hires Ex-Hubspot Executive Vice President, Jeetu Mahtani, As Chief Revenue Officer

CHICAGO, Feb. 10, 2025 /PRNewswire/ -- ShipBob, a leading global supply chain and fulfillment platform for SMB and Mid-Market ecommerce merchants, today announced the hiring of Jeetu Mahtani as Chief Revenue Officer. Mahtani joins ShipBob with over 25 years of experience leading GTM teams across Sales, Customer Success, and Partner Ecosystem, including having spent nearly 15 years at HubSpot where he was an early member of the team and concluded his time as EVP of Global Customer Success.During his time at HubSpot, Mahtani saw the company's growth to over $2B ARR and founded their International business by launching the first global office in Dublin and playing a key role in opening another eight offices over the following decade. Under his leadership, the business grew its non-US revenue to nearly $1B ARR. After running the International business as the global Managing Director and Sales leader, Mahtani took on a new challenge to transform the 1,500-person Customer Success organization, which became a revenue-producing team using various digitally scaled motions powered by AI to enable customers to self-service, activate, and realize long-term value."I'm particularly energized by the opportunity to help solve some of the most complex challenges facing modern ecommerce businesses. In today's digital economy, merchants need more than just tools – they need a true partner who can help them scale efficiently and compete effectively

PR Newswire
Jan 17th, 2025
Shipbob'S 2025 State Of Ecommerce Fulfillment Report Provides Insights Into Merchants' Global, Omnichannel Supply Chains

CHICAGO, Jan. 17, 2025 /PRNewswire/ -- ShipBob, a leading global supply chain and fulfillment platform for SMB and Mid-Market ecommerce merchants, today released its fourth annual State of Ecommerce Fulfillment report. The report is based on ShipBob's proprietary data across thousands of customers, as well as survey submissions from over 550 ecommerce executives, who cumulatively shipped hundreds of millions of units in 2024.The report showcases 185+ data points on subjects ranging from how the ecommerce fulfillment industry performed in 2024 to what brands are prioritizing in 2025. It uses data visualizations and benchmarks to help brands understand how they stack up against the competition and how supply chain trends have changed since last year.In the 2025 State of Ecommerce Fulfillment Report, ShipBob found:80% of ecommerce brands saw revenue growth in 2024.Over 50% of all ecommerce orders in the U.S. were in 8 states in 2024: California , Texas , Florida , New York , Illinois , Pennsylvania , North Carolina , and Georgia ., , , , , , , and. 56% of brands already sell on 3 or more sales channels.63% of brands will add at least one new sales channel in 2025.25% of brands plan to start physically fulfilling orders in new countries in 2025.38% of brands will increase the number of fulfillment centers they ship from in 2025.64% of brands leverage some form of customization for their orders (branded packaging, marketing inserts, etc.)."At ShipBob, we just wrapped up our largest peak season by far, where we saw a 40% increase year over year in orders fulfilled from Thanksgiving to Cyber Monday

DaaSity
Oct 17th, 2024
ShipBob & Daasity: Automating Financial Insights & Cost Tracking

Daasity, the leading analytics and data platform for consumer brands, now integrates seamlessly with ShipBob to provide a comprehensive financial overview across all sales channels.

MarTech Cube
Oct 10th, 2024
ShipBob's IPP Now Available to All Merchants in the U.S.

ShipBob, a leading global supply chain and fulfillment platform for SMB and Mid-Market ecommerce merchants, announced that its Inventory Placement Program ("IPP") is now fully available in the United States to all ecommerce merchants.

The Economic Times
Jun 13th, 2024
Allcargo Logistics arm partners with ShipBob for ocean, air freight services

Allcargo Logistics arm partners with ShipBob for ocean, air freight services.

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