What is ShipBob? ShipBob Review

ShipBob is a tech-oriented fulfillment and logistics solution for growing e-commerce companies, founded in 2014 by Anthony Watson, Dhruv Saxena, Divey Gulati, George Wojciechowski, and Jivko Bojinov.

Advantages

1. Multiple e-commerce integrations that will include importing your orders, picking, packing and shipping.

2. Reliable inventory management. See how much inventory is available at ShipBob’s fulfillment centers and receive notifications when you need to reorder.

3. Distributed inventory. Split your inventory across the country to shorten the distance between you and your customers.

Serve

ShipBob provides sellers with a last-mile logistics and delivery solution that is comparable to Amazon FBA. Chinese sellers can send their products to ShipBob's warehouses across the United States. ShipBob promises to strategically allocate sellers' inventory based on the distance between the warehouse and the customer, and achieve delivery within 2 days.

Merchants can also use the tools provided by ShipBob to closely monitor their inventory changes and understand the delivery speed of orders. Most importantly, ShipBob's fees are lower than eBay Enterprise and Amazon FBA.

Financing

-In June 2014, ShipBob completed its seed round of financing with an amount of US$20,000, and investors included Y Combinator and FundersClub.

-In April 2015, ShipBob completed its angel round of financing with an amount of US$1 million. Investors included Wefunder, SVAngel, OtterRockCAPItal, ZillionIZEAngel, StartCapsVentures, and FundersClub.

-In May 2016, ShipBob completed its Series A financing of US$4 million. Investors included SVAngel, Y Combinator, Bluestone IN & Associates, LLC, FJ Labs, Funders Club, Hyde Park Venture Partners, NFQ Ventures, Network Ventures, Recruit Strategy GIC Partners, and Reynolds & Company Venture Partners.

-In June 2017, ShipBob completed its Series B financing of US$17.5 million. Bain Capital Ventures, Hyde Park Venture Partners, FundersClub, Hyde Park Angels and FJ labs participated in this financing.

In September 2018, ShipBob raised a $40 million Series C to help small e-commerce businesses streamline fulfillment and manage inventory. Menlo Ventures led the latest round, with participation from existing investors Bain Capital Ventures, Hyde Park Venture Partners, Hyde Park Angels, and Y Combinator.