ShipBob

Global fulfillment platform and warehouse network for SMB and mid-market ecommerce brands.

Ecommerce 📍 Chicago, USA Founded 2014

Current Valuation

$1.0B

as of 2024-Q1

UNICORN

ShipBob runs a tech-enabled global fulfillment network — 50+ warehouses across the US, Canada, UK, EU, and Australia — serving as an Amazon-FBA alternative for direct-to-consumer Shopify, BigCommerce, and Amazon multichannel brands. The Chicago-based company is reportedly preparing an IPO targeting a ~$4B valuation, with J.P. Morgan engaged as lead banker, after pushing revenue to roughly $500M and reaching profitability across its network.

Company Profile

CEO

Dhruv Saxena

Founded

2014

Chicago, USA

Employees

~1500

Total Raised

$333M

Est. Revenue

$500M (2023-Q4)

Growth

~43% YoY

Last Round

Series E — $200M (Jun 2021) · Lead: Bain Capital Ventures

IPO Status

rumored

Founders & Key People

Dhruv SaxenaDivey Gulati

Investors

Bain Capital Ventures · Menlo Ventures · Hyde Park Venture Partners · SoftBank Vision Fund · Silicon Valley Bank

Products

ShipBob Fulfillment Network
WMS (Warehouse Management System)
B2B Fulfillment
Cross-border Shipping

Competitors

Amazon FBA / MCF · Deliverr (Shopify) · ShipMonk · Flexport · Stord

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