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 May 31, 2026, the latest employee count at Shipwire is 26.

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 $771M in funding in 2026 to date.

Where does Shipwire rank among its competitors?

Shipwire ranks 25th amongst 637 active competitors, of which 108 are funded. It stands 9th 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 Shipwire?

Shipwire's top competitors include Shiprocket, Delhivery and Pickrr Services. Among them, Prozo secured the most recent funding round in August, 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 637 active competitors, including 108 funded and 88 that have exited. Its top competitors include companies like Shiprocket, Delhivery and Pickrr Services.

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/
Social

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

25^th among 637 active competitors

Employee Count

26 as on May 31, 2026

Similar Companies

Shiprocket & 841 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	5429956	Series B	1876382	4805773	2752940	1692736
Mar 31, 2009	6653958	Series A	5381748	4203139	4160673	4023215
Oct 31, 2007	6662655	Series A	8266493	1240329	Meakem Becker Venture Capital	6427185

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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: Co-founder, CTO, VP Engineering 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 26 employees as of May 26. Here is Shipwire's employee count trend over the years:

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Top competitors of Shipwire include Shiprocket, Delhivery and Pickrr Services. 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	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	GIC, Khazanah Nasional Berhad & 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, Uncork Capital ... & 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 ... & 29 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
25th	Shipwire 2006, Palo Alto (United States), Acquired	E-commerce fulfillment service	$15M	eBay, Meakem Becker Venture Capital & 1 others	61/100