Shippit is a technology company.
Shippit is an Australian shipping software that provides delivery management and fleet management solutions, helping eCommerce and logistics leaders optimize shipping costs and automate fulfillment.
Shippit has raised $73.0M across 3 funding rounds.
Shippit has raised $73.0M in total across 3 funding rounds.
Shippit has raised $73.0M in total across 3 funding rounds.
Shippit's investors include Tidal Ventures, Tiger Global Management.
Shippit is a technology company specializing in multi-carrier shipping and delivery management software tailored primarily for the e-commerce and retail sectors. Its platform automates shipping processes such as carrier allocation, label generation, tracking, and last-mile fleet management. Serving over 4,000 retailers across Australia, New Zealand, and Southeast Asia, Shippit helps businesses reduce shipping costs, streamline fulfillment, and enhance the post-purchase customer experience. The company powers over 100 million deliveries annually and has facilitated nearly $30 billion worth of e-commerce orders since its founding in 2014[1][2][5].
Founded in 2014 in Sydney, Australia, Shippit was co-founded by William On and Rob Hango-Zada, who brought their vision to simplify complex logistics challenges in retail and e-commerce. The idea emerged from recognizing the inefficiencies and fragmentation in shipping processes faced by retailers. Early traction came from building a cloud-based platform that integrated multiple carriers and automated shipping workflows, quickly gaining trust from major Australian retailers such as Kmart, Myer, and Big W[1][3][6].
Shippit rides the global trend of e-commerce growth and the increasing demand for efficient, scalable logistics solutions. The timing is critical as retailers prioritize global expansion and omnichannel fulfillment, with 66% of retailers focusing on international markets. Market forces such as rising customer expectations for fast, transparent delivery and the complexity of cross-border shipping create strong tailwinds for Shippit's technology. By enabling retailers to optimize shipping operations and expand internationally, Shippit influences the broader retail and logistics ecosystem, driving innovation in commerce delivery[2][5].
Looking ahead, Shippit is poised to deepen its international footprint and enhance its platform capabilities, leveraging recent funding rounds to invest in product development and geographic expansion. Trends shaping its journey include the continued rise of cross-border e-commerce, demand for sustainable delivery options, and integration of AI for smarter logistics. Shippit's influence is likely to grow as it helps retailers navigate increasingly complex supply chains and customer expectations, solidifying its position as a key enabler of modern commerce delivery.
In summary, Shippit stands out as a technology leader transforming retail shipping by automating and optimizing delivery processes, enabling retailers to scale efficiently both domestically and internationally.
Shippit has raised $73.0M across 3 funding rounds. Most recently, it raised $46.0M Series B in May 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| May 1, 2022 | $46.0M Series B | Tidal Ventures, Tiger Global Management | |
| Dec 1, 2020 | $22.0M Series B | Tiger Global Management | |
| Dec 1, 2019 | $5.0M Series A | Tidal Ventures, Tiger Global Management |