What is Shipwell?
Founded in 2016 and headquartered in Austin, Texas, Shipwell offers a comprehensive SaaS platform designed to streamline freight booking and management processes for third-party logistics providers and other shippers. The company's technology aims to enhance efficiency and visibility within the supply chain, addressing critical needs in a dynamic industry. Shipwell's focus on providing robust software solutions positions it as a key player in the logistics technology landscape, facilitating smoother operations for its clients.
How much funding has Shipwell raised?
Shipwell has raised a total of $47M across 3 funding rounds:
Private Equity
$2M
Series A
$10M
Series B
$35M
Private Equity (2017): $2M, investors not publicly disclosed
Series A (2018): $10M led by Fifth Wall, Global Founders Capital, Base10 Partners, Village Global, Aspect Ventures, and First Round Capital
Series B (2019): $35M supported by Georgian
Key Investors in Shipwell
Georgian
Georgian Partners is a growth equity firm specializing in business software companies that leverage applied artificial intelligence, trust, and conversational AI. They focus on investing in companies with strong technological foundations and significant growth potential.
Fifth Wall
Fifth Wall is the largest venture capital firm focused on technologies for the global real estate industry (proptech). They connect major real estate owners and operators with technology entrepreneurs redefining the future of the physical environment.
Global Founders Capital
Global Founders Capital is an early-stage investor that supports entrepreneurs from pre-seed to IPO, with a global portfolio including notable tech companies. They provide operational support to help founders scale.
What's next for Shipwell?
The recent major strategic investment in Shipwell signals a pivotal moment for the company, likely enabling further expansion of its platform capabilities, market reach, and technological innovation. This infusion of capital, following substantial prior backing, suggests a trajectory towards scaling operations and solidifying its competitive advantage. Shipwell is poised to leverage this strategic financing to enhance its service offerings and potentially explore new market segments within the enterprise logistics software domain, reinforcing its position as a significant entity in the industry.
See full Shipwell company page
