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ShipBob Pulls In $200M Series E Financing

2021-06-29
CHICAGO, IL, ShipBob, a cloud-based logistics platform, announced $200 million in funding.
ShipBob announced $200 million in funding, achieving unicorn status with their valuation more than doubling since their Series D round in September 2020. ShipBob is designed for small and medium-sized ecommerce businesses, providing them with world-class fulfillment capabilities. After growing profitably to close out 2020, the new capital will bring ShipBob's solution to more customers, expand their software platform, scale their global fulfillment network and bolster their omnichannel commerce capabilities.

The Series E financing was led by Bain Capital Ventures, who led ShipBob's Series B round in June 2017, with participation from prior investors including SoftBank, Menlo Ventures, Hyde Park Venture Partners, Hyde Park Angels and Silicon Valley Bank.

ShipBob is the leading cloud-based logistics platform designed for small and medium-sized businesses to provide them access to best-in-class supply chain and fulfillment capabilities. The ShipBob platform provides merchants with a single view of their business and customers across all of their sales channels, and enables them to manage products, inventory, orders and shipments, and leverage analytics and reporting to run their business effectively.
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