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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 1574 active competitors, including 279 funded and 168 that have exited. Its top competitors include companies like Delhivery, Shiprocket and Shadowfax.

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 Dec 30, 2020
Ranked
Employee Count
1,301 as on Jul 31, 2026
Investment & Acquisitions
Similar Companies
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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
1692540
Series B
9149023
4890353
5141603
7090640
Dec 02, 2020
7789118
Series B
7116029
4990922
3542963
8690677
Nov 01, 2018
7667017
Series A
7193659
4437804
9633538
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ShipMonk's founders and board of directors

Founder? Claim Profile

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 9m

ShipMonk's employee count trend

ShipMonk has 1,301 employees as of Jul 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 Delhivery, Shiprocket and Shadowfax. 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 Delhivery
Delhivery
2011, Gurugram (India), Public
Platform offering end-to-end parcel delivery, warehousing, cross-border, and fulfillment services
$1.25B
87/100
2nd
Logo for Shiprocket
Shiprocket
2012, Delhi (India), Series E
Provider of e-commerce shipping, fulfillment, marketing, and financial services
$322M
85/100
3rd
Logo for Shadowfax
Shadowfax
2015, Bengaluru (India), Public
Logistics solutions for express deliveries
$247M
83/100
4th
Logo for Cainiao
Cainiao
2013, Hangzhou (China), Acquired
Tech-enabled end-to-end delivery service provider
$290M
76/100
5th
Logo for Locus
Locus
2015, Milpitas (United States), Acquired
Provider of an AI-powered platform for optimizing logistics and delivery
$82.5M
73/100
6th
Logo for LoadShare
LoadShare
2017, Bengaluru (India), Series C
Provider of end-to-end logistics delivery services
$65M
72/100
7th
Logo for Ripplr
Ripplr
2019, Bengaluru (India), Series C
Provider of distribution and logistics services for multiple industry verticals
$123M
72/100
8th
Logo for Stord
Stord
2015, Atlanta (United States), Series F
Provider of cloud-based end-to-end logistics and supply chain management solutions
$777M
71/100
9th
Logo for Prozo
Prozo
2014, Gurugram (India), Series A
Provider of supply chain warehousing, logistics, and order management software
$20.2M
70/100
10th
Logo for Ecom Express
Ecom Express
2012, Gurugram (India), Acquired
Provider of end-to-end delivery services for e-commerce companies
$324M
70/100
59th
Logo for ShipMonk
ShipMonk
2015, Pompano Beach (United States), Series B
Ecommerce order fulfillment and distribution services provider
$365M
59/100
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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

lockFilter this list
Media has covered ShipMonk for a total of 3 events in the last 1 year, 2 of them have been about company updates and 1 about people movement.
Former Amazon and Chewy Exec Joins ShipMonk as CTORetail Technology Innovation HubMar 27, 2026ShipMonk, Amazon
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FAQs about ShipMonk

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