Shippo (company)
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Popout, Inc. DBA Shippo is an American e-commerce software company.


Business

Shippo was founded in 2013 and is headquartered in
San Francisco, California San Francisco, officially the City and County of San Francisco, is a commercial, Financial District, San Francisco, financial, and Culture of San Francisco, cultural center of Northern California. With a population of 827,526 residents as of ...
. 100,000 businesses reportedly use their system. Shippo provides an API, web interface, as well as direct integrations with e-commerce platforms such as
eBay eBay Inc. ( , often stylized as ebay) is an American multinational e-commerce company based in San Jose, California, that allows users to buy or view items via retail sales through online marketplaces and websites in 190 markets worldwide. ...
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Shopify Shopify Inc., stylized as ''shopify'', headquartered in Ottawa, Ontario, operates an e-commerce platform for retail point-of-sale systems that offers payments, marketing, shipping, inventory management, transaction management, and customer eng ...
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Magento Magento is an open-source e-commerce platform written in PHP. Magento source code is distributed under the Open Software License. Magento was acquired by Adobe Inc in May 2018 for $1.68 billion. More than 150,000 online stores have been cre ...
, Bigcommerce,
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, and Stripe. Shippo aggregates customers’ packages to receive discounted rates, which are then passed 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. Shippo is one of eBay's Guaranteed Delivery Program shipping partner platforms. Their offerings cater primarily to online marketplaces, platforms, and e-commerce businesses, assisting with the integration of shipping from multiple carriers via API and web applications. Shippo's services include the comparison of shipping rates, the creation of labels, the generation of international customs documents, return labels, and parcel tracking.


History

In March 2016, Shippo became a United States Postal Service ePostage partner alongside
Amazon Amazon most often refers to: * Amazon River, in South America * Amazon rainforest, a rainforest covering most of the Amazon basin * Amazon (company), an American multinational technology company * Amazons, a tribe of female warriors in Greek myth ...
and
Etsy Etsy, Inc. is an American e-commerce company with an emphasis on the selling of handmade or vintage items and craft supplies. These items fall under a wide range of categories, including jewelry, bags, clothing, home decor, religious items, furni ...
. 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 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, ...
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

{{Reflist American companies established in 2013