Shippo was founded in 2013 by Laura Behrens Wu, Laura Wu, and Simon Kreuz. The company has not publicly endorsed plans to participate in an IPO.
Shippo is a shipping company that helps e-commerce businesses connect to multiple shipping carriers around the world, allowing customers to perform a variety of tasks from a single API and dashboard. Shippo has raised more than $150 million in venture capital funding from investors including Bessemer Venture Partners and Uncork Capital. After a $50 million round of equity funding in 2021, the company announced that it had increased its valuation from $495 million to $1 billion.
These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
06/02/2021 | Series E | $50MM | $xx.xx | $1.01B | Bessemer Venture Partners | |
Price per Share
$xx.xx
Shares Outstanding
1,377,341
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Bessemer Venture Partners
|
||||||
02/26/2021 | Series D-1 | $20MM | $xx.xx | $529.59MM | D1 Capital | |
Price per Share
$xx.xx
Shares Outstanding
987,795
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
D1 Capital
|
||||||
02/26/2021 | Series D | $25MM | $xx.xx | $529.59MM | D1 Capital | |
Price per Share
$xx.xx
Shares Outstanding
1,332,960
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
D1 Capital
|
||||||
04/07/2020 | Series C | $30MM | $xx.xx | $221.6MM | D1 Capital, Uncork Capital, Union Square Ventures, Bessemer Venture Partners | |
Price per Share
$xx.xx
Shares Outstanding
3,017,349
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
D1 Capital, Uncork Capital, Union Square Ventures, Bessemer Venture Partners
|
||||||
10/31/2017 | Series B | $20MM | $xx.xx | $78.56MM | Bessemer Venture Partners, Union Square Ventures, SoftTech VC | |
Price per Share
$xx.xx
Shares Outstanding
4,793,404
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Bessemer Venture Partners, Union Square Ventures, SoftTech VC
|
||||||
09/09/2016 | Series A | $7.44MM | $xx.xx | $36.61MM | Union Square Ventures, SoftTech VC, Version One Ventures | |
Price per Share
$xx.xx
Shares Outstanding
2,512,830
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Union Square Ventures, SoftTech VC, Version One Ventures
|
||||||
09/18/2014 | Series Seed | $2.3MM | $xx.xx | $6.58MM | SoftTech VC, Version One Ventures, 500 Startups, Joanne Wilson, Slow Ventures, Fabrice Ginda | |
Price per Share
$xx.xx
Shares Outstanding
3,049,546
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
SoftTech VC, Version One Ventures, 500 Startups, Joanne Wilson, Slow Ventures, Fabrice Ginda
|