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§ Private Profile · Austin, TX, USA
uShip.com is a company.
uShip.com has raised $49.0M across 4 funding rounds.
Key people at uShip.com.
uShip.com was founded in 2004 by Mickey Millsap (Co-founder).
uShip.com has raised $49.0M in total across 4 funding rounds.
uShip.com operates as an online marketplace connecting individuals and businesses with shipping service providers for large and specialty items. The platform facilitates the transport of diverse goods, including vehicles, freight, furniture, and even livestock, by matching shipping needs with available cargo space from a network of large carriers, small fleets, independent owner-operators, and roadtrippers. This approach allows service providers to bid competitively, often utilizing otherwise empty capacity, thereby offering more affordable and efficient transport solutions.
The company was co-founded by Matt Chasen, Jay Manickam, and Mickey Millsap, launching in 2004. The initial concept emerged in 2001 when Chasen faced personal challenges and high costs associated with shipping a large family heirloom, which prompted an idea to leverage unused truck space. He further developed this market inefficiency solution during business school, ultimately collaborating with Manickam and Millsap to bring the vision of an online shipping marketplace to fruition.
uShip serves a broad customer base of individuals and commercial entities seeking reliable and cost-effective transport for challenging shipments. The company's core aim is to simplify the logistics of moving oversized or specialized goods, making what often seems difficult or prohibitively expensive accessible. Its long-term vision centers on continually building trust and efficiency within the shipping ecosystem, ensuring quality and affordable transportation options for millions worldwide.
uShip.com is an Austin, Texas-based online marketplace that connects shippers with carriers for transporting oversized and hard-to-ship items like vehicles, boats, heavy equipment, household goods, pets, and freight.[1][2][3] It serves individuals and businesses worldwide across 19 countries, solving the inefficiency and high costs of traditional shipping by enabling competitive bidding, upfront quotes, instant booking, payment systems, cargo protection, and real-time tracking.[1][2][4][6] The platform lists a new shipment every 30 seconds globally, fostering direct matches that fill empty truck space and reduce costs through a user-friendly, tech-driven interface.[3][5]
uShip's growth stems from its marketplace model, which has expanded from consumer-focused eBay-like shipments to less-than-truckload (LTL) and truckload markets, attracting high-quality carriers and building liquidity by prioritizing demand-side development.[2][5] With over $53.7 million in total funding, including early investment from Benchmark Capital, it has achieved strong momentum, evidenced by its global reach, a dedicated TV series (*Shipping Wars*), and tools like a Shipping Price Estimator based on marketplace data.[1][3][6]
uShip originated from founder Matt Chasen's personal frustration in 2001 while moving from Seattle to Austin in a oversized rented truck full of empty space, reminding him of the failed attempt to ship a family heirloom armoire due to high costs.[1][3][4][5] This "lightbulb moment" inspired him to create an online platform matching shipments with unused truck capacity, which he developed as an MBA project at the University of Texas McCombs School of Business.[1][3]
Chasen teamed up with co-founders Jay Manickam and Mickey Millsap, competing in business plan contests and winning first prize at the University of North Texas while placing as runner-up at the Venture Labs Investment Competition in 2004.[1][5] They launched uShip.com that year, securing funding from Benchmark Capital in 2005 despite the post-dotcom bubble challenges.[1][6] Early focus was on building demand liquidity to attract carriers, leading to rapid traction and features like bidding auctions.[5]
uShip rides the logistics digitization trend, transforming fragmented shipping—especially for oversized goods—into an efficient, on-demand marketplace amid e-commerce growth and supply chain disruptions.[2][5] Its timing capitalized on post-2004 online auction booms (e.g., eBay for large items) and empty miles in trucking (up to 20-30% wasted capacity), making it ideal for the gig-economy era of independent carriers.[1][3][5]
Market forces like rising fuel costs, global trade, and demand for LTL solutions favor uShip, as it reduces inefficiencies without owning assets, similar to Uber for freight.[2][5] It influences the ecosystem by inspiring media like *Shipping Wars* (2012-2015), attracting carriers to digital load boards, and pushing competitors toward automation in cargo tracking and documentation.[1][4]
uShip is poised to deepen penetration in LTL and truckload segments, leveraging its carrier network and AI-driven tools to capture more B2B freight volume amid ongoing logistics tech investments.[5] Trends like AI pricing optimization, real-time visibility, and sustainable routing (minimizing empty miles) will propel growth, potentially expanding into emerging markets or adjacent services like last-mile integration.[2]
As a pioneer marketplace, its influence could evolve from consumer disruptor to enterprise platform, solidifying its role in efficient global shipping—echoing its origins in solving everyday transport headaches with smart tech.
uShip.com was founded in 2004 by Mickey Millsap (Co-founder).
uShip.com has raised $49.0M in total across 4 funding rounds.
uShip.com's investors include Jochen Thewes, Benchmark, Shasta Ventures, Maritza Liaw.
uShip.com has raised $49.0M across 4 funding rounds. Most recently, it raised $25.0M uShip - Series D in February 2017.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Feb 27, 2017 | $25M Series D | Jochen Thewes | — | Announced |
| Mar 1, 2013 | $1M Series C | — | Benchmark, Shasta Ventures | Announced |
| Dec 19, 2012 | $18M Series C | Maritza Liaw | — | Announced |
| Oct 1, 2006 | $5M Series B | — | Benchmark, Shasta Ventures | Announced |
Key people at uShip.com.