Valuation · 2021
$1B
2024 Revenue
$97.7M(Est.)
Customers
5K
Funding
$330.5M
Avg ACV
$19.5K
Team · 2025
1.5K
Founded
2014
ShipBob Revenue, Valuation & Funding (2024)
ShipBob generated an estimated $97.7M in annual revenue in 2024. Source: GetLatka estimate
ShipBob is a tech-enabled fulfillment company that helps ecommerce businesses with order fulfillment and shipping logistics. The company was founded in 2014 and is headquartered in Chicago, Illinois. ShipBob's platform integrates with major ecommerce platforms, enabling businesses to manage inventory, orders, and shipments from one centralized location. The company operates multiple fulfillment centers across the United States and offers a range of shipping options, including same-day delivery and international shipping.
Last updated
ShipBob Revenue
In 2024, ShipBob's revenue reached $97.7M. The company previously reported $65.2M in 2023. Since its launch in 2014, ShipBob has shown consistent revenue growth.
| Year | Milestone | Source |
|---|---|---|
| 2024 | ShipBob Hit $97.7m revenue in October 2024 | Estimated |
| 2023 | ShipBob Hit $65.2m revenue in December 2023 | Estimated |
| 2021 | ShipBob Hit $44.1m revenue in January 2021 | Not recorded |
| 2014 | Launched with $0 revenue |
ShipBob Valuation, Funding Rounds
ShipBob reached a $1B valuation in 2021, set during its Series E round.
ShipBob has raised $330.5M in total funding across 6 rounds, most recently a $200M Series E round in 2021.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2021 | Series E | $200M | $1B | 20% | Not recorded |
| 2020 | Series D | $68M | - | - | Not recorded |
| 2018 | Series C | $40M | - | - | Not recorded |
| 2017 | Series B | $17.5M | - | - | Not recorded |
| 2016 | Series A | $4M | - | - | Not recorded |
| 2016 | Seed | $1M | - | - | Not recorded |
Founder / CEO
Customers
ShipBob serves 5K customers.
ShipBob Employees & Team Size
ShipBob employs approximately 1.5K people as of 2026, up from 1.3K in 2024, including 89 sales reps that carry a quota. It serves 5K customers that rely on its solutions.
| Year | Milestone | Source |
|---|---|---|
| 2025 | Reached 1.5K employees (November 2025) | Not recorded |
| 2024 | Reached 1.3K employees (December 2024) | Not recorded |
| 2024 | Reached 781 employees (October 2024) | Not recorded |
| 2023 | Reached 781 employees (December 2023) | Not recorded |
| 2023 | Reached 781 employees (July 2023) | Not recorded |
| 2022 | Reached 764 employees (December 2022) | Not recorded |
| 2021 | Reached 634 employees (December 2021) | Not recorded |
| 2021 | Reached 369 employees (June 2021) | Not recorded |
| 2020 | Reached 249 employees (September 2020) | Not recorded |
Frequently Asked Questions about ShipBob
What is ShipBob's revenue?
As of 2024, ShipBob generated an estimated $97.7M in annual revenue.
What is ShipBob's valuation?
As of 2021, ShipBob was valued at $1B.
Who founded ShipBob?
ShipBob was founded by Dhruv Saxena.
When was ShipBob founded?
ShipBob was founded in 2014.
Who is the CEO of ShipBob?
The CEO of ShipBob is Dhruv Saxena.
How much funding does ShipBob have?
ShipBob raised $330.5M across 6 rounds.
How many employees does ShipBob have?
As of 2025, ShipBob had 1.5K employees.
Where is ShipBob headquartered?
ShipBob is headquartered in Chicago, Illinois, United States.
Compare ShipBob to the industry
ShipBob operates across multiple industries. Browse revenue, funding, and growth data for ShipBob in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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