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.
- Website
- shipmonk.com
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
Investors
Ranked
59th among 1574 active competitors
Employee Count
1,301 as on Jul 31, 2026
Investment & Acquisitions
Similar Companies
Legal entities associated with ShipMonk
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) | - |
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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 |
View details of ShipMonk's funding rounds and investors
ShipMonk's founders and board of directors
Founder? Claim ProfileShipMonk'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:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Platform offering end-to-end parcel delivery, warehousing, cross-border, and fulfillment services | $1.25B | 87/100 | ||
2nd | Shiprocket 2012, Delhi (India), Series E | Provider of e-commerce shipping, fulfillment, marketing, and financial services | $322M | 85/100 | |
3rd | Logistics solutions for express deliveries | $247M | 83/100 | ||
4th | Tech-enabled end-to-end delivery service provider | $290M | 76/100 | ||
5th | Locus 2015, Milpitas (United States), Acquired | Provider of an AI-powered platform for optimizing logistics and delivery | $82.5M | 73/100 | |
6th | Provider of end-to-end logistics delivery services | $65M | 72/100 | ||
7th | Provider of distribution and logistics services for multiple industry verticals | $123M | 72/100 | ||
8th | Stord 2015, Atlanta (United States), Series F | Provider of cloud-based end-to-end logistics and supply chain management solutions | $777M | 71/100 | |
9th | Provider of supply chain warehousing, logistics, and order management software | $20.2M | 70/100 | ||
10th | Ecom Express 2012, Gurugram (India), Acquired | Provider of end-to-end delivery services for e-commerce companies | $324M | 70/100 | |
59th | ShipMonk 2015, Pompano Beach (United States), Series B | Ecommerce order fulfillment and distribution services provider | $365M | 59/100 |
Looking for more details on ShipMonk's competitors? Click here to see the top ones
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
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.
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Trezor Announces Data Breach at Shipping Provider ShipMonk, Exposing 13,689 Customer DetailsThe Crypto Times•Aug 13, 2026•ShipMonk, TREZOR
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Former Amazon and Chewy Exec Joins ShipMonk as CTORetail Technology Innovation Hub•Mar 27, 2026•ShipMonk, Amazon
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The hidden customer experience cost of returns: Apparel brands must rethink reverse logisticsRetailCustomerExperience•Feb 26, 2026•ShipMonk
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ShipMonk Supercharges Fulfillment with Explosive Expansion in Nevada and PennsylvaniaBusiness Wire•Mar 12, 2025•ShipMonk
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Gorgias and ShipMonk Partner to Offer Best-in-class 3PL and eCommerce Helpdesk Support SolutionsBusiness Wire•Jun 03, 2022•ShipMonk, Gorgias
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Florida Logistics Startup ShipMonk Leases 113K SF at Davie Industrial ParkCommercial Observer•Aug 12, 2021•ShipMonk
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Shipmonk Raises Another $65 Million to Propel International GrowthRefresh Miami•Jan 27, 2021•ShipMonk
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