ShipBob

ShipBob

Offers simple, fast, and affordable fulfillment for e-commerce businesses.

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$200m

Valuation: $1.0b

Series E
Total Funding000k
More about ShipBob
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ShipBob is a global logistics company that provides end-to-end order fulfillment services for businesses. The company operates in the e-commerce sector, serving a wide range of clients from small businesses to large brands. It offers a comprehensive solution for businesses to manage their inventory, process orders, and deliver products to customers in a timely manner.

The company's business model revolves around its proprietary warehouse management system (WMS). Clients send their inventory to ShipBob, which stores the products in one of its fulfillment centers located in the US, UK, EU, Canada, and Australia. When a customer places an order, ShipBob picks, packs, and ships the product from the nearest fulfillment center. This model allows the company to provide fast and reliable shipping, with over 95% of orders shipped within two days in the US.

ShipBob also offers additional services such as EDI-automated wholesale and retail workflows, and the printing of retailer-compliant packing slips. This allows businesses to seamlessly connect with retailers and fulfill wholesale orders.

The company generates revenue by charging clients for storage space in its fulfillment centers and for each order it fulfills. It also earns income from additional services such as wholesale order fulfillment.

In summary, ShipBob is a tech-enabled logistics provider that offers a comprehensive solution for businesses to manage their inventory and fulfill orders, with a focus on fast and reliable shipping.

Keywords: Logistics, Order Fulfillment, E-commerce, Warehouse Management System, Inventory Management, Fast Shipping, Wholesale Order Fulfillment, Retail Workflows, Global Operations, Tech-Enabled.

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