uShip IPO: Investment Opportunities & Pre-IPO Valuations

Company Details

uShip was founded in 2004 by Matthew Chassen. While the company was looking to add a CFO in the hopes of a public offering in 2014, the company remains private as of April 2023.

uShip is an online marketplace for shipping services. Users post items that they need shipped — primarily large, heavy items such as cars or industrial equipment — and shipping providers compete to offer the lowest bid. The company has raised more than $50 million in venture capital funding from investors including Benchmark Capital, DAG Ventures, and Kleiner Perkins. uShip did not disclose valuation figures following a $25 million round of Series D funding in 2017.

These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.

uship.com

Sector

Industrial

Subsector

Industrial software

Founded

2003

Forge Price ¹

Price not yet available

Post-Money Valuation ³

$324.75MM

Total Funding

$53.39MM

LFR Price per Share

$xx.xx

Last Funding Share Class

Series D

Learn More About uShip

To invest in uShip pre-IPO

Can you invest in uShip pre-IPO?

uShip is a privately held company and is not publicly traded, therefore investing in uShip pre-IPO is only available to accredited investors. If you meet the accreditation criteria, you can learn more about Forge’s Secondary Marketplace and how to invest in private companies before their potential IPO. If you are not accredited, find out how to begin the process and qualify for new investment opportunities.

Can you sell shares of uShip before it goes public?

You can seek to sell your shares in uShip while it remains private. If you are considering selling, you can register today for free to get started. Once registered, a Private Market Specialist will guide you through any questions you might have. You may also continue to browse through our resources to help you understand the implications and procedures involved in selling your private market shares.

What is the pre-IPO value of my uShip shares?

To determine the value of your uShip shares, create a free account to gain access to Forge’s platform. In addition to the Forge Price, Forge Markets contains pricing information for hundreds of pre-IPO companies such as Last Closed Trade Price. A Private Market Specialist will also be available to assist you with any inquiries related to your uShip shares. You can also learn more about how to sell your private shares before getting started.

Is uShip a publicly traded company?

If you are interested in buying or selling private company shares, you can register with Forge today for free to explore your options. Registering gives you access to one of our Private Market Specialists who can guide you through the process of buying or selling. Learn more about how Forge might help you buy pre-IPO shares or sell pre-IPO shares.

To learn more about uShip potential IPO

Will uShip go IPO?

uShip has not yet filed for an IPO. However, it’s important to note that IPOs are not the sole avenue for a private company to transition to public trading. Private companies can also go public through alternative methods such as but limited to Special Purpose Acquisition Companies (SPACs), direct listings, or mergers and acquisitions. Find out which companies are eyeing an IPO on our Tech IPO Calendar 2025.

What is uShip’s IPO price?

The uShip IPO price does not exist at this time, as uShip is still a private company and has not yet conducted an IPO. To explore secondary market data and access private market pricing details and data that may be related to uShip register for Forge Markets, today.

When was uShip founded?

uShip was founded in 2003.

What is uShip funding to date?

uShip has raised $53.39MM to date.

uShip Major Investors

Benchmark Capital

Kleiner Perkins

Dag Ventures

MicroVentures

Silverton Partners

uShip Funding Rounds and Valuation

Funding History Chart

Funding Round Details

	Funding Date	Share Class	Amount Raised	Price per Share	Post-Money Valuation	Key Investors
	02/15/2017	Series D	$25.13MM	$xx.xx	$324.75MM	Db Schenker
Price per Share $xx.xx Shares Outstanding 3,300,000 Liquidation Pref Order 1 Liquidation Pref As Multiplier 1.0x Conversion Ratio 1.0x Dividend Rate 8.0% Cumulative Non-cumulative Participating Non-participating Participation Cap -- Key Investors Db Schenker
	12/20/2012	Series C	$18.43MM	$xx.xx	$130.95MM	Kleiner Perkins Caufield & Byers
Price per Share $xx.xx Shares Outstanding 6,000,000 Liquidation Pref Order 1 Liquidation Pref As Multiplier 1.0x Conversion Ratio 1.0x Dividend Rate 8.0% Cumulative Non-cumulative Participating Non-participating Participation Cap -- Key Investors Kleiner Perkins Caufield & Byers
	10/30/2006	Series B	$7.1MM	$xx.xx	$67.29MM	Benchmark Capital, Dag Ventures
Price per Share $xx.xx Shares Outstanding 4,499,079 Liquidation Pref Order 1 Liquidation Pref As Multiplier 1.0x Conversion Ratio 1.0x Dividend Rate 8.0% Cumulative Non-cumulative Participating Non-participating Participation Cap -- Key Investors Benchmark Capital, Dag Ventures
	06/24/2005	Series A	$2.73MM	$xx.xx	$11.32MM	Benchmark Capital
Price per Share $xx.xx Shares Outstanding 10,277,946 Liquidation Pref Order 1 Liquidation Pref As Multiplier 1.0x Conversion Ratio 1.0x Dividend Rate 8.0% Cumulative Non-cumulative Participating Non-participating Participation Cap -- Key Investors Benchmark Capital

Access Stock Price

Private Companies Exploring an IPO

					Last Funding Round
Company		Forge Price	Forge Price Change ⁵	Last Closed Trade	Share Class	Post-Money Valuation	Price per Share	Amount Raised
	Cerebras	$40.08	+9.9%	$xx.xx	Series F-1	$2.84B	$xx.xx	$85MM
	CoreWeave	$1,149.84	+18.78%	$xx.xx	Series C	$19B	$xx.xx	$1.15B
	Chime	$24.86	-0.04%	$xx.xx	Series G	$24.93B	$xx.xx	$1.1B
	Klarna	$370.00	-1.33%	$xx.xx	Unknown	$6.7B	$xx.xx	--
	Turo	$12.96	-4.07%	$xx.xx	Series E	$1.24B	$xx.xx	$240.52MM
	Circle	$24.71	+2.49%	$xx.xx	Series F	$8.05B	$xx.xx	$401MM
	Netskope	$11.07	+2.98%	$xx.xx	Series H	$7.5B	$xx.xx	$300MM
	Liquid Death	$9.47	-0.11%	$xx.xx	Series F-1	$1.4B	$xx.xx	$67.61MM
	Cohesity	$15.66	-18.31%	$xx.xx	Series H-1	$4.69B	$xx.xx	$27.5MM
	MNTN	--	--	$xx.xx	Series D	$2.21B	$xx.xx	$119MM

See Tech IPO Calendar

Updated on: Jan 20, 2025

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