Shipt - About the company
Shipt is an acquired company based in Birmingham (United States), founded in 2014 by Bill Smith. It operates as a Provider of on-demand grocery delivery. Shipt has raised $60.1M in funding from investors like Greycroft, Harbert Management and Headline. The company has 475 active competitors, including 33 funded and 18 that have exited. Its top competitors include companies like DoorDash, Gopuff and SayWeee.
Company Details
Provider of on-demand grocery delivery. Through the app, users get access to over grocery items available at the local grocery stores. It also provides delivery of household essential items. Users can view product details and place their orders. Its app is available on both Android and iOS.
- Website
- www.shipt.com/
- Registered Address
- 17 20TH STREET NORTH, SUITE 100 BIRMINGHAM, AL 35004
Key Metrics
Founded Year
2014
Location
Birmingham, United States
Stage
Acquired
Total Funding
$60.1M in 2 rounds
Latest Funding Round
Ranked
3rd among 475 active competitors
Employee Count
6,522 as on Jul 31, 2026
Exit Details
Acquired by Target (Dec 13, 2017)
Legal entities associated with Shipt
Shipt is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
SHIPT, INC. CIN: 471112743 , United States, Active | Jun 22, 2016 | - | 1229 (As on Dec 31, 2024) | - |
Shipt's acquisition details
Click here to take a look at Shipt's acquisition in detail
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Shipt's funding and investors
Shipt has raised a total funding of $60.1M over 2 rounds. Its first funding round was on Jul 27, 2016. Its latest funding round was a Series B round on Jun 08, 2017 for $*****. 3 investors participated in its latest round. Shipt has 8 institutional investors.
Here is the list of recent funding rounds of Shipt:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 08, 2017 | 8170287 | Series B | 6345905 | 4082452 | 7795926 | 6481876 |
Jul 27, 2016 | 2105427 | Series A | 1872598 | 7628550 | 4913907 |
View details of Shipt's funding rounds and investors
Shipt's founders and board of directors
Founder? Claim ProfileThe founders of Shipt is Bill Smith.
Here are the details of Shipt's key team members:
- Bill Smith: Founder & CEO of Shipt and founder of 1 other company. They are also an angel investor in 6 startups and serve on the board of 1 company.Contact Info: 2 email addresses
View details of Shipt's Founder profiles and Board Members
Shipt's employee count trend
Shipt has 6,522 employees as of Jul 26. Here is Shipt's employee count trend over the years:
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Shipt's Competitors and alternates
Top competitors of Shipt include DoorDash, Gopuff and SayWeee. Here is the list of Top 10 competitors of Shipt, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | DoorDash 2013, San Francisco (United States), Public | Platform facilitating fast, same-day delivery of food, grocery and retail essentials from local stores and restaurants to consumers | $2.5B | 88/100 | |
2nd | Gopuff 2013, Philadelphia (United States), Series D | Online platform offering on-demand delivery services for food and groceries | $5.14B | 79/100 | |
3rd | Shipt 2014, Birmingham (United States), Acquired | Provider of on-demand grocery delivery | $60.1M | 76/100 | |
4th | SayWeee 2015, San Francisco (United States), Series E | Online retailer of Asian groceries, food, and household products | $864M | 76/100 | |
5th | Fresh Direct 2002, New York City (United States), Acquired | Online platform offering multi-category grocery products | $325M | 75/100 | |
6th | App based platform offering multi-category grocery products | $2.54B | 74/100 | ||
7th | Mercato 2015, Brooklyn (United States), Series A | Online grocery delivery connecting customers with local, independent grocers | $40.8M | 74/100 | |
8th | Foxtrot 2013, Chicago (United States), Series C | Online retailer offering multi-category grocery products | $169M | 69/100 | |
9th | UberEATS 2014, Denver (United States), Funding Raised | App-based platform offering food and grocery delivery services | - | 69/100 | |
10th | Online platform offering multi-category grocery products | $1.33B | 68/100 |
Looking for more details on Shipt's competitors? Click here to see the top ones
Shipt's Investments and acquisitions
Shipt has made no investments or acquisitions yet.
Reports related to Shipt
Here is the latest report on Shipt's sector:
News related to Shipt
Media has covered Shipt for a total of 10 events in the last 1 year, 6 of them have been about company updates and 2 about partnerships.
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Shipt Partners with Birmingham to Distribute Holiday Groceries to 1,000 FamiliesPR Newswire•Dec 10, 2025•Shipt
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Shipt Unveils New Gift Delivery Feature, Season Savings with Sterling K. BrownPR Newswire•Nov 03, 2025•Shipt
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Shipt Launches New Chat to Cart Feature with Perplexity's Comet BrowserPR Newswire•Oct 02, 2025•Perplexity, Shipt
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Shipt to Launch Alabama's First Portable Benefits Program for ShoppersPR Newswire•Aug 19, 2025•Shipt
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Ollie Appoints Allison Stadd as New CMO to Enhance Brand Storytelling and Customer RelationshipsPet Food Processing•Jul 28, 2025•Shipt, Ollie
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The Fresh Market Partners With Shipt to Offer Same-Day Delivery; Emily Turner and Katie Stratton DiscussDeli Market News•Nov 18, 2024•The Fresh Market, Shipt
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