Shippo raises $30 million in Series C investment

“We’re making shipping an order as easy as sending a text message. Merchants will no longer stress over the right carriers to use, shipping options to show their customers, or labels to purchase. They trust Shippo to optimize for their growth,” said Behrens Wu. 

The startup has shipped over 150 million orders since its inception in 2013, working with more than 35,000 brands – from small businesses to recognized major retailers – including GOAT, hims, OfferUp and Aesop. 

Shippo also named Catherine Stewart its new chief operating officer. Stewart was formerly the chief business officer at Automattic, the company that owns WordPress.com. “Shipping has been slower to adapt, with cumbersome and often outdated technology. For many small and mid-sized businesses, shipping goods to customers is still expensive and time-consuming. Shippo’s ability to solve these challenges for both small businesses and large brands positions it well for future growth,” said Stewart. 

Like with most startups, this investment announcement comes later than the actual date when it was raised. This makes Shippo luckier than many companies having to raise money during the COVID-19 pandemic. The company had a very successful 2019, doubling its revenue year-on-year. 

The company forged a critical partnership last year, becoming the exclusive shipping partner of eBay Canada. It now seeks to expand its footprint outside North America, to Europe and Asia-Pacific. Shippo currently works with around 60 shipping partners around the world, and plugs into the merchant ecosystems within Amazon, Shopify, and Wix, among others.