Shippo $45M in D1 Capital $495M Wilhelm TechCrunch
Shippo 45m D1 Capital 495M wilhelmtechcrunch, a leading shipping platform, has recently announced the completion of a $45 million Series D1 funding round, led by D1 Capital Partners. This new round gives Shippo a valuation of $495 million and brings its total funding to date to $150 million. With this new funding, Shippo hopes to expand its operations and continue to build out its technology platform. This news was shared in a blog post by Shippo CEO and co-founder Laura Behrens Wu.
Overview of Shippo
Shippo is a full-service shipping platform with an emphasis on making shipping easier, faster, and more efficient. Founded in 2013 by Laura Behrens Wu and Simon Kreuz, Shippo provides a suite of tools, such as shipping labels, tracking, and shipping insurance, that make it easier for businesses to ship their products. The platform is integrated with marketplaces, such as eBay, Etsy, and Amazon, as well as dozens of ecommerce software providers. Shippo has offices in San Francisco, Berlin, and New York City.
D1 Capital Funding Round
Shippo recently announced the completion of a $45 million Series D1 funding round, led by D1 Capital Partners. This valuation gives Shippo a total valuation of $495 million and brings its total funding to date to $150 million. D1 Capital Partners is a venture capital firm founded by Dan Sundheim and his team. The team has invested in companies such as Airbnb, SpaceX, and Dropbox.
Shippo 45m D1 Capital 495M wilhelmtechcrunch new funding will allow Shippo to expand its operations and continue to build out its technology platform. Shippo will use the money to invest in new features, such as analytics and insights, as well as to expand its team and hire new talent. With this new funding, Shippo will also be able to invest in growing its international operations, with a focus on Europe and Asia.
Previous Funding Rounds
Shippo has previously raised $105 million in funding, including a $50 million Series C round led by Bessemer Venture Partners in 2019. Other investors in Shippo include Union Square Ventures, SV Angel, and VersionOne Ventures.
Shippo’s new funding round is a testament to the company’s growth and success. With the new funding, Shippo will be able to continue to invest in its technology platform and expand its international operations. This news was shared in a blog post by Shippo CEO and co-founder Laura Behrens Wu.