Shipium has raised $36.0M in total across 2 funding rounds.
Shipium's investors include Insight Partners, 8VC, AirAngels, Angelic Ventures, AngelPad, Earlybird Venture Capital, Flying Fish Partners, General Catalyst, Global Ventures, L Catterton Growth, Jeff Richards, Picus Capital.
Shipium is a technology company that builds an API-first shipping platform for modern operators managing complex supply chains. It optimizes and automates end-to-end workflows—from strategy and planning to execution and analysis—using AI, machine learning, and data integration to reduce costs, improve delivery speed, and enhance customer experience.[1][2][4] The platform serves e-commerce retailers, enterprises with high shipment volumes (e.g., >100 million annually), and partners like Manhattan Associates, solving the challenge of fragmented systems by coordinating inventory movement, carrier selection, and real-time decisions that legacy tech can't match.[2][4][5][6] Customers see results like 12.4% reduced delivery costs, 99.1% on-time delivery, and 5.3% improved checkout conversion, with the company processing tens of millions of shipments across 91% of U.S. ZIP codes.[2][4]
Founded in 2019, Shipium has raised $38.7 million in funding, including a $27.5 million Series A in 2022, and continues strong growth through 2024 with AI advancements like dynamic time-in-transit modeling.[2][7]
Shipium was founded in 2019 by former Amazon and Zulily supply chain experts, led by CEO Jason Murray, who spent nearly 20 years at Amazon. Murray focused his last decade on automating the "Prime problem"—delivering fast, affordable shipping at scale using machine learning for forecasting, inventory movement, and customer promises.[2] The idea emerged from recognizing that non-Amazon retailers lacked the coordinated tech stack to match consumer expectations for speed, amid a booming e-commerce logistics market projected to exceed $3 trillion by 2028.[2]
Early traction came quickly: within nine months of a key period in 2022, Shipium processed nearly 10 million shipments and aimed for 50 million by year-end, expanding to all 50 U.S. states.[2] Pivotal moments include the 2022 Series A funding—the largest for a supply chain software startup—and integrations with enterprise systems like Manhattan Active, proving its Amazon-grade performance from website promises to warehouse execution.[2][6]
Shipium stands out in shipping software through its end-to-end platform that unifies disjointed systems, data, and teams. Key strengths include:
Shipium rides the e-commerce logistics surge, where consumers demand Amazon-like speed but most retailers face legacy constraints and supply chain fragmentation. Its timing aligns with post-pandemic shifts to fast, reliable delivery, fueled by a $3T+ market and AI adoption for predictive accuracy amid disruptions.[2][3][7] Market forces like rising costs, carrier volatility, and cross-border complexity favor its platform, which centralizes control non-Amazons can't build alone.[1][2]
By powering operators like DCL's SelectShip and integrating with giants like Manhattan, Shipium influences the ecosystem as the "shipping stack" enabler, feeding ML models with aggregated data to set new standards in speed, cost, and automation—much like Amazon's internal tools now democratized.[1][6][7]
Shipium is positioned to dominate enterprise shipping as the go-to platform for AI-orchestrated supply chains, with 2024 recaps highlighting scaled AI like dynamic modeling and 2025 plans for broader centralization of shipping challenges.[7] Trends like real-time predictive ops, AI agents for decisions, and multimodal networks will accelerate its growth, potentially expanding internationally and into new verticals. Its influence could evolve from optimizer to indispensable infrastructure, empowering more brands to "make a promise... and keep it," turning supply chains into growth engines amid intensifying e-commerce competition.[4][7]
Shipium has raised $36.0M across 2 funding rounds. Most recently, it raised $28.0M Series A in April 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Apr 1, 2022 | $28.0M Series A | Insight Partners | |
| Jun 1, 2021 | $8.0M Seed | 8VC, AirAngels, Angelic Ventures, AngelPad, Earlybird Venture Capital, Flying Fish Partners, General Catalyst, Global Ventures, L Catterton Growth, Jeff Richards, Picus Capital, Rembrandt Venture Partners, Tola Capital, Tribeca Venture Partners, Vocap Investment Partners, XFactor Ventures, Andrej Henkler, Holger Hengstler, Michael Wax, Moritz Thiele |
