Shippo (company)
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Popout, Inc. DBA Shippo, is an American software company that helps e-commerce businesses, online marketplaces, and platforms integrate shipping with multiple carriers through their API and web application. Shippo allows users to compare shipping rates, create labels, generate international customs documents, return labels, and track parcels. Some of their customers and partners include
eBay eBay Inc. ( ) is an American multinational e-commerce company based in San Jose, California, that facilitates consumer-to-consumer and business-to-consumer sales through its website. eBay was founded by Pierre Omidyar in 1995 and became ...
, Freestyle Solutions, Tuft & Needle,
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,
GoDaddy GoDaddy Inc. is an American publicly traded Internet domain registrar and web hosting company headquartered in Tempe, Arizona, and incorporated in Delaware. , GoDaddy has more than 21 million customers and over 6,600 employees worldwide. The ...
, Shyp, Mercari, Stripe, Sellbrite an
Webflow
As of October 2017, Shippo has raised over $29 million in funding lead by Bessemer Venture Partners,
Union Square Ventures Union Square Ventures (USV) is an American venture capital firm based in New York City. The firm has backed more than 130 startups, including Twitter, Etsy, Stripe, Coinbase, Zynga, Tumblr, Stack Overflow, Meetup, Kickstarter, MongoDB, Flur ...
, and SoftTechVC.


Business

Shippo was founded in 2013 and is headquartered in
San Francisco, California San Francisco (; Spanish for " Saint Francis"), officially the City and County of San Francisco, is the commercial, financial, and cultural center of Northern California. The city proper is the fourth most populous in California and 17th ...
. With 100,000 businesses reportedly using their system, Shippo sends millions of packages to and from 196 countries around the world. Shippo provides an API, web interface, as well as direct integrations with e-commerce platforms such as
eBay eBay Inc. ( ) is an American multinational e-commerce company based in San Jose, California, that facilitates consumer-to-consumer and business-to-consumer sales through its website. eBay was founded by Pierre Omidyar in 1995 and became ...
,
Amazon Amazon most often refers to: * Amazons, a tribe of female warriors in Greek mythology * Amazon rainforest, a rainforest covering most of the Amazon basin * Amazon River, in South America * Amazon (company), an American multinational technolog ...
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Shopify Shopify Inc. is a Canadian multinational e-commerce company headquartered in Ottawa, Ontario. Shopify is the name of its proprietary e-commerce platform for online stores and retail point-of-sale systems. The Shopify platform offers online ret ...
,
Etsy Etsy, Inc. is an American e-commerce company focused on handmade or vintage items and craft supplies. These items fall under a wide range of categories, including jewelry, bags, clothing, home décor and furniture, toys, art, as well as craft ...
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Magento Magento is an open-source e-commerce platform written in PHP. It uses multiple other PHP frameworks such as Laminas (formerly known as Zend Framework) and Symfony. Magento source code is distributed under Open Software License (OSL) v3.0. Ma ...
, Bigcommerce,
Weebly Weebly () is a web hosting service, headquartered in San Francisco. Weebly is a subsidiary of Block, Inc. History Weebly was founded in 2006 by Chief Executive Officer David Rusenko, Chief Technology Officer Chris Fanini, and former Chief Pr ...
,
GoDaddy GoDaddy Inc. is an American publicly traded Internet domain registrar and web hosting company headquartered in Tempe, Arizona, and incorporated in Delaware. , GoDaddy has more than 21 million customers and over 6,600 employees worldwide. The ...
, and Stripe. Shippo aggregates all of its customers’ packages through their own account with carriers to get discounted rates, which they then pass onto customers. They help businesses generate shipping labels, as well as support for address validation, multi-carrier support, API tracking, batch label creation, discounts and international shipping. Shippo also partners with supply chain management systems such as Sellbrite, Selro, and SnapFulfil, as well as payment systems like Stripe. Shippo is one of eBay's Guaranteed Delivery Program shipping partner platforms.


History

Shippo started as an API then built their own app and dashboard for platforms such as Shopify and Magento to gain traction, with their core focus continuing to be the API. Their vision is to provide small online businesses the same discounts that larger retailers would get with major carriers, such as UPS, FedEx, and DHL. In March 2016, Shippo became a United States Postal Service ePostage partner alongside
Amazon Amazon most often refers to: * Amazons, a tribe of female warriors in Greek mythology * Amazon rainforest, a rainforest covering most of the Amazon basin * Amazon River, in South America * Amazon (company), an American multinational technolog ...
and
Etsy Etsy, Inc. is an American e-commerce company focused on handmade or vintage items and craft supplies. These items fall under a wide range of categories, including jewelry, bags, clothing, home décor and furniture, toys, art, as well as craft ...
, making them the first to launch ePostage for public access and one of the only publicly available USPS API connectors. Shippo is often highlighted as part of studies in logistics and delivery methods. Laura Behrens Wu is the CEO and co-founder of Shippo. She and co-founder, Simon Kreuz, are both part of Forbes' 30 Under 30 2017 Enterprise Technology list. Wu was featured in the 2016 LinkedIn Next Wave: Top Professionals 35 & Under list. Shippo participated in Plug and Play's StartupCamp in January 2014 and was a part of
500 Startups 500 Global (previously 500 Startups) is an early-stage venture fund and seed accelerator founded in 2010 by Dave McClure and Christine Tsai. The fund admitted a first "class" of twelve startups to its incubator office in Mountain View, Californ ...
Batch 8. In 2014, they raised $2 million in seed funding led by SoftTechVC. Jeff Clavier, Managing Partner of SoftTechVC, also sat on Shippo's board of directors. In September 2016, Shippo announced a Series A round of $7 million led by
Union Square Ventures Union Square Ventures (USV) is an American venture capital firm based in New York City. The firm has backed more than 130 startups, including Twitter, Etsy, Stripe, Coinbase, Zynga, Tumblr, Stack Overflow, Meetup, Kickstarter, MongoDB, Flur ...
with Albert Wenger joining their board, as Jeff Clavier steps off. In October 2017, Shippo announced that it had raised an additional $20 million in a round of Series B funding led by Bessemer Venture Partners. By December 2017, the company had a total of funding of $30 million. In 2018, Shippo launched a feature for retailers that allows them to track packages as they travel to customers. In October 2019, Shippo and UPS announced a plans for an app for small and mid-sized retailers.


References

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External links


www.goshippo.com
American companies established in 2013