When was ShipMonk founded?

ShipMonk was founded in 2015 and raised its 1st funding round 3 years after it was founded.

Where is ShipMonk located?

ShipMonk is headquartered in Pompano Beach, United States.

Which legal entities is ShipMonk associated with?

ShipMonk is associated with SHIPMONK, INC..

How many employees does ShipMonk have?

As of Aug 31, 2026, the latest employee count at ShipMonk is 1302.

Is ShipMonk a funded company?

ShipMonk is a funded company, having raised a total of $365M across 3 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Nov 01, 2018.

How much is ShipMonk worth?

The latest valuation of ShipMonk is $***** as of Jan 01, 2025.

When was the latest funding round of ShipMonk?

ShipMonk's latest funding was a $***** Series B round on Jan 27, 2021, with participation from 1 investor.

Where does ShipMonk rank among its competitors?

ShipMonk ranks 56th amongst 1597 active competitors, of which 276 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Stord, which secured $250M in May, 2026.

Who are the top competitors of ShipMonk?

ShipMonk's top competitors include Shiprocket, Shadowfax and Delhivery. Among them, Stord secured the most recent funding round in May, 2026.

ShipMonk - 2026 Company Profile, Team, Funding & Competitors

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 1597 active competitors, including 276 funded and 169 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.

Website: shipmonk.com
Social

Key Metrics

Founded Year

2015

Location

Pompano Beach, United States

Stage

Series B

Total Funding

$365M in 3 rounds

Latest Funding Round

Series B, Jan 27, 2021, $*****

Post Money Valuation

$***** as on Jan 01, 2025

Investors

Summit Partners & 6 more

Ranked

56^th among 1597 active competitors

Employee Count

1,302 as on Aug 31, 2026

Investment & Acquisitions

Ruby Has Fulfillment & 1 more

Similar Companies

Shiprocket & 1228 more

View ShipMonk's full profile

ShipMonk is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
SHIPMONK, INC. CIN: 47-1097591 , United States, Active	Oct 24, 2018	-	397 (As on Dec 31, 2020)	-

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	7302684	Series B	5613333	6829466	8311191	4148700
Dec 02, 2020	8636073	Series B	5865548	3040239	6920445	1455148
Nov 01, 2018	2346393	Series A	2433754	1731736	SJF Ventures & 2 more	1231405

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View details of ShipMonk's funding rounds and investors

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
Jan Bednar	Independent board member	-	Current	7y 10m

ShipMonk's employee count trend

ShipMonk has 1,302 employees as of Aug 26. Here is ShipMonk's employee count trend over the years:

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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	Shiprocket 2012, Delhi (India), Public	Provider of e-commerce shipping, fulfillment, marketing, and financial services	$322M	Temasek, Bertelsmann India Investments & 63 others	87/100
2nd	Shadowfax 2015, Bengaluru (India), Public	Logistics solutions for express deliveries	$247M	Flipkart, Eight Roads Ventures & 32 others	83/100
3rd	Delhivery 2011, Gurugram (India), Public	Platform offering end-to-end parcel delivery, warehousing, cross-border, and fulfillment services	$1.25B	Fidelity Investments, GIC & 38 others	81/100
4th	Pickrr Services 2015, Gurugram (India), Acquired	Provider of AI-based logistics management solutions	$16.4M	Ananta Capital, India Infoline & 23 others	78/100
5th	Cainiao 2013, Hangzhou (China), Acquired	Tech-enabled end-to-end delivery service provider	$290M	Khazanah Nasional Berhad, GIC & 6 others	76/100
6th	Shippo 2013, San Francisco (United States), Series E	Provider of web-based shipping solution for e-commerce businesses	$154M	Bessemer Venture Partners, Union Square Ventures ... & 26 others	72/100
7th	Ripplr 2019, Bengaluru (India), Series C	Provider of distribution and logistics services for multiple industry verticals	$123M	Sojitz, 3one4 Capital & 45 others	72/100
8th	Locus 2015, Milpitas (United States), Acquired	Provider of an AI-powered platform for optimizing logistics and delivery	$82.5M	GIC, Alpha Wave Global & 33 others	72/100
9th	LoadShare 2017, Bengaluru (India), Series C	Provider of end-to-end logistics delivery services	$65M	Tiger Global Management, Stride Ventures ... & 33 others	72/100
10th	Stord 2015, Atlanta (United States), Series F	Provider of cloud-based end-to-end logistics and supply chain management solutions	$777M	Kleiner Perkins, Bond Capital & 38 others	71/100
56th	ShipMonk 2015, Pompano Beach (United States), Series B	Ecommerce order fulfillment and distribution services provider	$365M	Periphas Capital, Sarissa Capital & 5 others	59/100