ShipMonk

ShipMonk

About ShipMonk

Simplify's Rating
Why ShipMonk is rated
B-
Rated C on Competitive Edge
Rated B on Growth Potential
Rated B on Rating Differentiation

Industries

Automotive & Transportation

Consumer Software

Enterprise Software

Company Size

1,001-5,000

Company Stage

Growth Equity (Venture Capital)

Total Funding

$365.1M

Headquarters

Fort Lauderdale, Florida

Founded

2014

Overview

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Simplify's Take

What believers are saying

  • ShipMonk's expansion enhances shipping speed and cost efficiency for clients.
  • Recognition as a top workplace boosts employee morale and retention.
  • Growing demand for e-commerce fulfillment supports ShipMonk's business model.

What critics are saying

  • Leadership change may disrupt strategic direction and company culture.
  • Warehouse closures and layoffs suggest potential financial or operational issues.
  • Rapid expansion could strain resources and lead to inefficiencies.

What makes ShipMonk unique

  • ShipMonk ranks No. 130 on the Inc. 5000 list for growth.
  • ShipMonk's new CEO, Josh McCarter, brings diverse SaaS and FinTech experience.
  • ShipMonk's Dallas-Fort Worth center offers strategic shipping advantages across the U.S.

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Funding

Total Funding

$365.1M

Above

Industry Average

Funded Over

3 Rounds

Growth Equity VC funding comparison data is currently unavailable. We're working to provide this information soon!
Growth Equity VC Funding Comparison
Coming Soon

Benefits

Professional Development Budget

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

0%

2 year growth

3%
Delta Lok China
Apr 9th, 2025
ShipMonk closes Bay Shore warehouse, cuts 67 jobs - Newsday

ShipMonk, a third-party order fulfillment business for online merchants, is closing its Bay Shore warehouse.

Newsweek
Apr 2nd, 2024
Mass Layoffs Hit Three States

In New Jersey, e-commerce fulfillment company ShipMonk will lay off 148 workers by June 30.

ShipMonk
Feb 27th, 2024
ShipMonk Ranks No. 130 on the Inc. 5000 List for Fastest-Growing Private Companies

ShipMonk ranks No. 130 on the Inc. 5000 list for fastest-growing private companies.

Refresh Miami
Jun 16th, 2023
6+ Things To Know In #Miamitech: Shipmonk Ceo Steps Down; Plus News From Novo, Paysend, Kind Designs, Zulu Pods, Kaseya & More

1Bednar steps down from helm of ShipMonkJan Bednar, founder and CEO of Fort Lauderdale-based ShipMonk since the company’s founding in 2014, announced this week that he is stepping down as CEO, and that Josh McCarter will be ShipMonk’s new leader. McCarter has held co-founder, CEO, president and board positions across a variety of SaaS, B2B2C, and FinTech related businesses, including most recently leading Mindbody.Bednar said in a LinkedIn post that it was a decision he has been thinking about since early 2022. “I realized that for both my personal fulfillment and ShipMonk’s continued success, it was necessary for me to seek a new CEO who could take the company to the next level while allowing me to focus on what I love most within ShipMonk. I’m a builder and a creator.”ShipMonk is now a leading provider of e-commerce fulfillment and technology solutions, but the company now with distribution centers across the world had humble beginnings. Bednar launched it in his apartment and he is one of FAU Tech Runway’s most successful alums. “The last nine years have been the greatest professional experience of my life,” he said, thanking his team, customers, vendors and investors, as he reflected on his journey:“We started from zero, without any venture funding, to a global presence with over 18 warehouses worldwide spanning some 4,000,000 square feet

ShipMonk
May 8th, 2023
ShipMonk Wins Sun Sentinel South Florida Top Workplaces Award

So much so that ShipMonk, Inc. has been bestowed the 2023 Sun Sentinel Top Workplaces Award!

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