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ShipBob Raises $68 Million in Series D Funding from SoftBank Vision Fund to Expand its Global Ecommerce Fulfillment Solution

PRIVATESep 28, 2020

Amount Raised

$68 Million

Round Type

Series D

Chicago

Description

 ShipBob, an ecommerce enablement technology company that provides fulfillment by bringing fast shipping options to ecommerce businesses, today announced $68 million in primary funding. The new capital will enhance the company's capabilities to bring world-class fulfillment to more customers, fuel growth, expand its software platform and scale its global fulfillment network. The Series D financing was led by SoftBank Vision Fund. Prior investors include Menlo Ventures, Bain Capital Ventures, Hyde Park Venture Partners, Hyde Park Angels and Y Combinator.

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Company Information

Company

Ship Bob

Location

Chicago, Illinois, United States

About

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. Founded in 2014 out of Chicago, ShipBob was launched through Y Combinator by co-founders Dhruv Saxena and Divey Gulati, two entrepreneurs who saw a need for more efficient shipping for ecommerce businesses. Today, the company has raised $330.5 million in funding and operates a global logistics network with 24 fulfillment centers across five countries, including the United States, Canada, England, Ireland and Australia. Learn more by visiting shipbob.com.

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