Shipwell

company

About

Shipwell is a freight trucking startup that provides business with automated way transport of goods and services.

  • 101 - 250

Details

Last Funding Type
Series A
Last Funding Money Raised
$10M
Industries
Analytics,B2B,Big Data,Information Technology,Logistics,SaaS,Supply Chain Management
Founded date
Jan 1, 2016
Number Of Employee
101 - 250
Operating Status
Active

Shipwell is a freight trucking startup that provides business with automated way transport of goods and services. The company believes that all businesses can have best-in-class shipping and transportation networks to ensure the efficient movement of goods and services. It builds intelligent and connected tools and software that allows shippers, brokers, and carriers to communicate in real-time and move freight in a painless and delightful way. It then leverages advanced analytics to uncover opportunities in their supply chain networks and help drive impact.

It also combines a marketplace for shippers to connect with freight companies and online tools to manage those shipments. The company makes money by charging a commission on freight services and fees for its freight management software platform.

Shipwell was founded in 2016 and is based in Austin, Texas.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
$45M
Shipwell has raised a total of $45M in funding over 2 rounds. Their latest funding was raised on Oct 24, 2019 from a Series B round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Oct 24, 2019 Series B $35M 1 Detail
Oct 9, 2018 Series A $10M 1 Fifth Wall Detail

Investors

Number of Lead Investors
Number of Investors
1
1
Shipwell is funded by 1 investors. Fifth Wall are the most recent investors.
Investor Name Lead Investor Funding Round
Fifth Wall Series B