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ShipMonk - About the company

ShipMonk is a series B company based in Pompano Beach (United States), founded in 2015. It operates as an Ecommerce order fulfillment and distribution services provider. ShipMonk has raised $365M in funding from investors like Summit Partners, Grotech Ventures and SJF Ventures, with a current valuation of $*****. The company has 1672 active competitors, including 280 funded and 166 that have exited. Its top competitors include companies like Shiprocket, Shadowfax and Delhivery.

Company Details

Ecommerce order fulfillment and distribution services providers. The solution is integrable with multiple shopping carts and marketplaces. Offers outsourced warehousing, picking, kitting, labeling, and shipping services. Customers include multi-channel retailers, flash sales companies, crowdfunded campaigns, and many more. Also, it has developed its own order fulfillment and inventory management software.
Social
X
Key Metrics
Founded Year
2015
Location
Pompano Beach, United States
Stage
Series B
Total Funding
$365M in 3 rounds
Latest Funding Round
Post Money Valuation
$***** as on Jan 01, 2025
Ranked
Employee Count
1,305 as on Sep 30, 2026
Investment & Acquisitions
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ShipMonk's funding and investors

ShipMonk has raised a total funding of $365M over 3 rounds. Its first funding round was on Nov 01, 2018. Its latest funding round was a Series B round on Jan 27, 2021 for $*****. 1 investor participated in its latest round. ShipMonk has 7 institutional investors.

Here is the list of recent funding rounds of ShipMonk:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jan 27, 2021
6307797
Series B
8580717
5811272
5511294
1381253
Dec 02, 2020
3322811
Series B
1623706
2804855
7241956
6713643
Nov 01, 2018
6163161
Series A
6613317
4515392
7817886
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ShipMonk's founders and board of directors

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ShipMonk's Board of Directors

ShipMonk's board has 1 active member. Jan Bednar is independent board member.
Here is the list of ShipMonk's board of directors:
Name
Type
Representing
Status
Duration
Independent board member
-
Current
7y 11m

ShipMonk's employee count trend

ShipMonk has 1,305 employees as of Sep 26. Here is ShipMonk's employee count trend over the years:
Employee count trend for ShipMonk
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ShipMonk's Competitors and alternates

Top competitors of ShipMonk include Shiprocket, Shadowfax and Delhivery. Here is the list of Top 10 competitors of ShipMonk, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Shiprocket
Shiprocket
2011, Gurugram (India), Public
Provider of e-commerce shipping, fulfillment, marketing, and financial services
$322M
87/100
2nd
Logo for Shadowfax
Shadowfax
2015, Bengaluru (India), Public
Logistics solutions for express deliveries
$246M
83/100
3rd
Logo for Delhivery
Delhivery
2011, Gurugram (India), Public
Platform offering end-to-end parcel delivery, warehousing, cross-border, and fulfillment services
$1.25B
81/100
4th
Logo for LoadShare
LoadShare
2017, Bengaluru (India), Series C
Provider of logistics infrastructure for last mile and fulfillment services
$84.3M
79/100
5th
Logo for Pickrr Services
Pickrr Services
2015, Gurugram (India), Acquired
Provider of AI-based logistics management solutions
$16.4M
78/100
6th
Logo for Cainiao
Cainiao
2013, Hangzhou (China), Acquired
Tech-enabled end-to-end delivery service provider
$290M
77/100
7th
Logo for ElasticRun
ElasticRun
2014, Pune (India), Series E
Platform offering rural B2B E-commerce and logistics
$462M
75/100
8th
Logo for Shippo
Shippo
2013, San Francisco (United States), Series E
Provider of web-based shipping solution for e-commerce businesses
$154M
74/100
9th
Logo for Stord
Stord
2015, Atlanta (United States), Series F
Provider of cloud-based end-to-end logistics and supply chain management solutions
$777M
73/100
10th
Logo for ShipBob
ShipBob
2014, Chicago (United States), Series E
Provider of e-commerce fulfillment solutions for direct-to-consumer brands
$333M
72/100
43rd
Logo for ShipMonk
ShipMonk
2015, Pompano Beach (United States), Series B
Ecommerce order fulfillment and distribution services provider
$365M
61/100
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ShipMonk's Investments and acquisitions

ShipMonk has acquired 2 companies including Ruby Has Fulfillment and 321 Fulfillment. ShipMonk has not made any investments as of now.

Reports related to ShipMonk

Here is the latest report on ShipMonk's sector:

News related to ShipMonk

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Media has covered ShipMonk for a total of 4 events in the last 1 year, 2 of them have been about company updates and 2 about people movement.
•
ShipMonk Appoints Todd Bills as Chief Operating OfficerBusiness Wire•Oct 30, 2026•ShipMonk
•
Former Amazon and Chewy Exec Joins ShipMonk as CTORetail Technology Innovation Hub•Mar 27, 2026•ShipMonk, Amazon
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