ShipFusion
Financials
Estimates*
USD | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|
Revenues | 1.1m | 2.6m | 4.5m | 7.4m | 14.5m |
% growth | - | 132 % | 73 % | 64 % | 96 % |
Date | Investors | Amount | Round |
---|---|---|---|
N/A | N/A | Seed | |
N/A | N/A | Seed | |
N/A | - | ||
* | $40.0m | Growth Equity VC | |
Total Funding | CAD54.5m |
Recent News about ShipFusion
EditShipfusion is a third-party logistics (3PL) company specializing in ecommerce fulfillment. The company operates fully managed and operated warehouses in key locations such as Los Angeles and Toronto, with additional facilities planned in Philadelphia, Atlanta, and Dallas. Shipfusion offers a comprehensive suite of services including order processing, inventory management, shipping, and customer returns. By integrating with existing ecommerce channels, Shipfusion ensures orders are processed automatically and accurately. The company serves a diverse range of clients, including traditional retailers, crowdfunding campaigns, and subscription services, providing tailored solutions to meet unique business needs. Shipfusion's business model revolves around offering scalable fulfillment solutions that allow ecommerce brands to grow without the stress of logistics. Revenue is generated through service fees for warehousing, order processing, and shipping, as well as through competitive shipping rates negotiated with carriers. The company aims to reduce fulfillment times and costs for its clients, thereby enhancing their operational efficiency and customer satisfaction.
Keywords: 3PL, ecommerce, fulfillment, inventory management, order processing, shipping, logistics, warehousing, scalable solutions, tailored services.