When was Shipwire founded?

Shipwire was founded in 2006 and raised its 1st funding round 1 year after it was founded.

Where is Shipwire located?

Shipwire is headquartered in Palo Alto, United States.

How many employees does Shipwire have?

As of Mar 31, 2026, the latest employee count at Shipwire is 27.

Is Shipwire a funded company?

Shipwire is a funded company, having raised a total of $15M across 3 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Oct 31, 2007.

When was the latest funding round of Shipwire?

Shipwire's latest funding was a $***** Series B round on Sep 08, 2011, with participation from 3 investors. Its primary sector is E-Commerce Enablers. In United States, the E-Commerce Enablers sector has seen $464M in funding in 2026 to date.

Where does Shipwire rank among its competitors?

Shipwire ranks 26th amongst 705 active competitors, of which 125 are funded. It stands 11th 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 Shipwire?

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

Shipwire - 2026 Company Profile, Team, Funding & Competitors

Shipwire is an acquired company based in Palo Alto (United States), founded in 2006 by Damon Schechter. It operates as an E-commerce fulfillment service. Shipwire has raised $15M in funding from investors like eBay, Meakem Becker Venture Capital and Newell Brands. The company has 705 active competitors, including 125 funded and 94 that have exited. Its top competitors include companies like Delhivery, Shiprocket and Shadowfax.

Company Details

Shipwire provides eCommerce fulfillment to growing product brands and retailers powered by a global warehouse network and a cloud logistics platform. Shipwire eliminates the hassle of storage and shipping. Warehouse network includes locations in Los Angeles, Chicago, Toronto, Philadelphia, Vancouver, London, Hong Kong and Sydney. Shipwire allows brands to reduce shipping costs by locating inventory closer to buyers. Delivers to buyers in 180+ countries. Notable customers include Rovio, Zynga, Evernote, Dodocase, among others. Board of advisors includes members from eBay, Endicia, FedEx, Meakem Becker Venture Capital, and Netflix.

Website: www.shipwire.com/
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Key Metrics

Founded Year

2006

Location

Palo Alto, United States

Stage

Acquired

Total Funding

$15M in 3 rounds

Latest Funding Round

Series B, Sep 08, 2011, $*****

Investors

eBay & 2 more

Ranked

26^th among 705 active competitors

Employee Count

27 as on Mar 31, 2026

Similar Companies

Delhivery & 893 more

Exit Details

Acquired by Stord (Jan 05, 2026)

View Shipwire's full profile

Shipwire is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Shipwire, Inc. CIN: 26-0151680 , United States, Active	Dec 31, 2005	-	-	-

Shipwire got acquired by Stord on Jan 05, 2026.

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

Shipwire has raised a total funding of $15M over 3 rounds. Its first funding round was on Oct 31, 2007. Its latest funding round was a Series B round on Sep 08, 2011 for $*****. 3 investors participated in its latest round. Shipwire has 3 institutional investors.

Here is the list of recent funding rounds of Shipwire:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 08, 2011	9565056	Series B	3818602	3320156	6226016	5346801
Mar 31, 2009	3235190	Series A	5068432	6139605	1557219	7981340
Oct 31, 2007	8451999	Series A	3082903	7061039	Meakem Becker Venture Capital	4529757

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View details of Shipwire's funding rounds and investors

The founders of Shipwire is Damon Schechter.

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

Damon Schechter: Founder & President of Shipwire and founder of 1 other company.
Contact Info: 1 email address

View details of Shipwire's Founder profiles and Board Members

Shipwire's employee count trend

Shipwire has 27 employees as of Mar 26. Here is Shipwire's employee count trend over the years:

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Top competitors of Shipwire include Delhivery, Shiprocket and Shadowfax. Here is the list of Top 10 competitors of Shipwire, 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 & 38 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 & 33 others	83/100
4th	Lalamove 2013, Kowloon (China), Series F	Tech company providing on demand delivery solutions	$2.28B	Hillhouse, Mindworks Capital & 21 others	77/100
5th	Cainiao 2013, Hangzhou (China), Acquired	Tech-enabled end-to-end delivery service provider	$290M	GIC, Temasek & 6 others	76/100
6th	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
7th	Ecom Express 2012, Gurugram (India), Acquired	Provider of end-to-end delivery services for e-commerce companies	$324M	Warburg Pincus, British International Investment ... & 51 others	73/100
8th	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	73/100
9th	LoadShare 2017, Bengaluru (India), Series C	Provider of end-to-end logistics delivery services	$65M	Tiger Global Management, Z47 & 33 others	72/100
10th	Ripplr 2019, Bengaluru (India), Series C	Provider of distribution and logistics services for multiple industry verticals	$123M	Sojitz, 3one4 Capital & 44 others	72/100
26th	Shipwire 2006, Palo Alto (United States), Acquired	E-commerce fulfillment service	$15M	eBay, Meakem Becker Venture Capital & 1 others	63/100