When was Shipsi founded?

Shipsi was founded in 2017 and raised its 1st funding round 1 year after it was founded.

Where is Shipsi located?

Shipsi is headquartered in Los Angeles, United States.

How many employees does Shipsi have?

As of Jul 31, 2026, the latest employee count at Shipsi is 15.

Is Shipsi a funded company?

Shipsi is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on Nov 28, 2018.

When was the latest funding round of Shipsi?

Shipsi's latest funding was a $***** Seed round on Nov 28, 2018, with participation from 8 investors. Its primary sector is Logistics Tech. In United States, the Logistics Tech sector has seen $2.37B in funding in 2026 to date.

Where does Shipsi rank among its competitors?

Shipsi ranks 46th amongst 638 active competitors, of which 108 are funded. It stands 10th in terms of total funding among its competitors. The most recent competitor to raise funding was Prozo, which secured an undisclosed amount in Aug, 2025.

Who are the top competitors of Shipsi?

Shipsi's top competitors include Shiprocket, Delhivery and Pickrr Services. Among them, Prozo secured the most recent funding round in August, 2025.

Shipsi - 2026 Company Profile, Team, Funding & Competitors

Shipsi is an acquired company based in Los Angeles (United States), founded in 2017 by Chelsie Lee. It operates as a Provider of logistics solutions for retailers and e-commerce businesses. Shipsi has raised $1.9M in funding from Initial Capital. The company has 638 active competitors, including 108 funded and 88 that have exited. Its top competitors include companies like Shiprocket, Delhivery and Pickrr Services.

Company Details

Provider of logistics solutions for retailers and e-commerce businesses. It is a SaaS platform focused on optimizing last-mile delivery for retailers and third-party logistics providers. It automates delivery options directly at e-commerce checkout, integrating with platforms like Shopify and Salesforce for seamless setup.

Website: shipsi.com
Social
Email ID: *****@shipsi.com

Key Metrics

Founded Year

2017

Location

Los Angeles, United States

Stage

Acquired

Total Funding

$1.9M in 1 round

Latest Funding Round

Seed, Nov 28, 2018, $*****

Investors

Initial Capital & 17 more

Ranked

46^th among 638 active competitors

Employee Count

15 as on Jul 31, 2026

Similar Companies

Shiprocket & 841 more

Exit Details

Acquired by The Rainmakers (Sep 24, 2024)

View Shipsi's full profile

Shipsi got acquired by The Rainmakers on Sep 24, 2024.

Click here to take a look at Shipsi's acquisition in detail

Shipsi has raised a total funding of $1.9M over 1 round. Its latest funding round was a Seed round on Nov 28, 2018 for $*****. 8 investors participated in its latest round. Shipsi has 16 institutional investors and 2 angel investors.

Here is the list of recent funding rounds of Shipsi:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 28, 2018	7233846	Seed	6674532	5729400	4582522	3170281

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View details of Shipsi's funding rounds and investors

The founders of Shipsi is Chelsie Lee.

Here are the details of Shipsi's key team members:

Chelsie Lee: Co-Founder & CEO of Shipsi.

View details of Shipsi's Founder profiles and Board Members

Shipsi's employee count trend

Shipsi has 15 employees as of Jul 26. Here is Shipsi's employee count trend over the years:

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Top competitors of Shipsi include Shiprocket, Delhivery and Pickrr Services. Here is the list of Top 10 competitors of Shipsi, 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	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
3rd	Pickrr Services 2015, Gurugram (India), Acquired	Provider of AI-based logistics management solutions	$16.4M	Ananta Capital, India Infoline & 23 others	78/100
4th	Cainiao 2013, Hangzhou (China), Acquired	Tech-enabled end-to-end delivery service provider	$290M	Khazanah Nasional Berhad, GIC & 6 others	76/100
5th	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
6th	Prozo 2014, Gurugram (India), Series A	Provider of supply chain warehousing, logistics, and order management software	$20.2M	Sixth Sense Ventures, Earlsfield Capital ... & 31 others	70/100
7th	XpressBees 2015, Pune (India), Series G	Provider of end-to-end logistics delivery and courier solutions	$356M	Elevation Capital, Alibaba Group & 32 others	70/100
8th	ShipBob 2014, Chicago (United States), Series E	Provider of e-commerce fulfillment solutions for direct-to-consumer brands	$333M	Bain Capital Ventures, SoftBank Vision Fund ... & 30 others	70/100
9th	Veeqo 2012, Swansea (United Kingdom), Acquired	Provider of multichannel ecommerce shipping software with order and inventory management	$11.5M	Octopus Investments, Messebauer & 7 others	69/100
10th	Pitney Bowes 1920, Stamford (United States), Acquired	Provider of SaaS-based shipping and fulfillment solutions for e-commerce businesses	-	Saratoga Investment, PHI Industrial & 3 others	69/100
46th	Shipsi 2017, Los Angeles (United States), Acquired	Provider of logistics solutions for retailers and e-commerce businesses	$1.9M	Thoma Bravo, Initial Capital & 16 others	51/100