ShipBob raises $17.5 million to help ecommerce businesses with shipping and logistics
"ShipBob, which helps ecommerce businesses with shipping and logistics, today announced funding of $17.5 million, led by Bain Capital Ventures.
The Chicago-based startup provides a variety of services and solutions, such as storing a business’ inventory, packaging orders, and shipping them via USPS, UPS, or other regional carriers. “Think of our SaaS product as the control center for e-commerce businesses to run their operations,” wrote ShipBob cofounder and CEO Dhruv Saxena, in an email to VentureBeat.
For businesses selling across multiple sales channels — like Amazon, Shopify, and eBay — ShipBob acts as an omni-channel order management tool that lets them have visibility across all channels using only one service.
The company doesn’t charge for its SaaS offering — it generates revenue via a fulfillment charge if the order has been successfully completed. Businesses also pay to store their items at ShipBob’s fulfillment centers."