Companies
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ShipBob

Logistics & Supply Chain
ShipBob is a Chicago-based e-commerce fulfillment company operating a network of warehouses that store inventory and pick, pack, and ship orders on behalf of online merchants.
$932M
+$15.43
349.58%
30 days ago
$4.41
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ShipBob was founded in 2014 by Dhruv Saxena and Divey Gulati, based on the observation that e-commerce merchants, particularly smaller and mid-sized direct-to-consumer brands, faced significant challenges building their own order fulfillment operations, including warehousing inventory, packing orders, and shipping products to customers, a capital-intensive and operationally complex undertaking that most growing e-commerce merchants would prefer to outsource to a specialized fulfillment provider rather than build in-house, but that many existing third-party fulfillment options at the time offered limited technology integration and visibility into order and inventory status for the merchants using their services. ShipBob's platform provides e-commerce order fulfillment services through a network of warehouses located across multiple regions, letting merchants store inventory in ShipBob-operated fulfillment centers positioned near their actual customer base, which can meaningfully reduce shipping times and costs compared to shipping every order from a single centralized warehouse location, while providing merchants with real-time visibility into their inventory levels, order status, and shipping performance through ShipBob's software platform, addressing the technology and visibility gaps the founders identified in many traditional third-party logistics providers that offered fulfillment services but with more limited, less transparent technology interfaces for the merchants using their services. The company has built particularly strong integration with popular e-commerce platforms, including Shopify, letting merchants connect their online store directly to ShipBob's fulfillment network with relatively straightforward technical setup, an important consideration for smaller merchants without extensive technical or logistics expertise wanting to outsource fulfillment without a complicated, lengthy integration process. ShipBob's customers span small and mid-sized e-commerce merchants and direct-to-consumer brands across many product categories seeking to outsource order fulfillment logistics rather than building this capability in-house. The company has raised very substantial venture funding from investors including Menlo Ventures, Bain Capital Ventures, and SoftBank Vision Fund, reaching unicorn status, competing with other e-commerce fulfillment providers including Deliverr (acquired by Shopify) and Cart.com.
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