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 Jun 30, 2026, the latest employee count at ShipMonk is 1296.

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 Dec 30, 2020.

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 38th amongst 1605 active competitors, of which 292 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Ripplr, which secured $32M in Nov, 2025.

Who are the top competitors of ShipMonk?

ShipMonk's top competitors include Delhivery, Shiprocket and Shadowfax. Among them, Ripplr secured the most recent funding round in November, 2025.

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 1605 active competitors, including 292 funded and 172 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
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 Dec 30, 2020

Investors

Summit Partners & 6 more

Ranked

38^th among 1605 active competitors

Employee Count

1,296 as on Jun 30, 2026

Investment & Acquisitions

Ruby Has Fulfillment & 1 more

Similar Companies

Delhivery & 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	7731865	Series B	1842341	4336853	9951291	8251374
Dec 02, 2020	9878072	Series B	5618315	5770327	4137721	2207713
Nov 01, 2018	8943331	Series A	2806557	6559344	SJF Ventures & 2 more	7917731

Access funding benchmarks and valuations. Sign up today!

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 8m

ShipMonk's employee count trend

ShipMonk has 1,296 employees as of Jun 26. Here is ShipMonk's employee count trend over the years:

Uncover ShipMonk's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

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	Delhivery 2011, Gurugram (India), Public	Platform offering end-to-end parcel delivery, warehousing, cross-border, and fulfillment services	$1.25B	Fidelity Investments, GIC & 37 others	87/100
2nd	Shiprocket 2012, Gurugram (India), Series E	Provider of e-commerce shipping, fulfillment, marketing, and financial services	$322M	Temasek, Bertelsmann India Investments & 62 others	85/100
3rd	Shadowfax 2015, Bengaluru (India), Public	Logistics solutions for express deliveries	$247M	Eight Roads Ventures, Flipkart & 30 others	83/100
4th	Cainiao 2013, Hangzhou (China), Acquired	Tech-enabled end-to-end delivery service provider	$290M	GIC, Khazanah Nasional Berhad & 6 others	76/100
5th	LetsTransport 2015, Bengaluru (India), Acquired	Provider of managed logistics services including first-mile, mid-mile, and last-mile delivery	$92.6M	Bertelsmann, Bertelsmann India Investments ... & 69 others	76/100
6th	Lalamove 2013, Kowloon (China), Series F	Tech company providing on demand delivery solutions	$2.28B	Hillhouse, Mindworks Capital & 22 others	74/100
7th	Locus 2015, Milpitas (United States), Acquired	Provider of an AI-powered platform for optimizing logistics and delivery	$82.5M	GIC, Tiger Global Management & 32 others	73/100
8th	LoadShare 2017, Bengaluru (India), Series C	Provider of end-to-end logistics delivery services	$65M	Tiger Global Management, Stride Ventures ... & 33 others	72/100
9th	Shippo 2013, San Francisco (United States), Series E	Provider of web-based shipping solution for e-commerce businesses	$154M	Bessemer Venture Partners, Uncork Capital ... & 26 others	72/100
10th	Ripplr 2019, Bengaluru (India), Series C	Provider of distribution and logistics services for multiple industry verticals	$123M	Sojitz, 3one4 Capital & 45 others	72/100
38th	ShipMonk 2015, Pompano Beach (United States), Series B	Ecommerce order fulfillment and distribution services provider	$365M	Periphas Capital, Sarissa Capital & 5 others	63/100