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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.
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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.
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% | |
| 2020 | Series D | $68M | - | - | |
| 2018 | Series C | $40M |
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ShipBob serves 5K customers.
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.
ShipBob generates an estimated $97.7M in annual revenue.
ShipBob was founded by Dhruv Saxena.
The CEO of ShipBob is Dhruv Saxena.
ShipBob raised $330.5M across 6 rounds.
ShipBob has 1.5K employees.
ShipBob is headquartered in Chicago, Illinois, United States.
ShipBob operates across multiple industries. Browse revenue, funding, and growth data for ShipBob in each sector below.
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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Valuation
$1B
2024 Revenue
$97.7M(Est.)
Customers
5K
Funding
$330.5M
Avg ACV
$19.5K
Team · 2025
1.5K
Founded
2014
| 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 | |
| 2014 | Launched with $0 revenue |
| - |
| - |
| 2017 | Series B | $17.5M | - | - |
| 2016 | Series A | $4M | - | - |
| 2016 | Seed Round | $1M | - | - |
| Year | Milestone | Source |
|---|---|---|
| 2025 | Reached 1.5K employees (November 2025) | |
| 2024 | Reached 1.3K employees (December 2024) | |
| 2024 | Reached 781 employees (October 2024) | |
| 2023 | Reached 781 employees (December 2023) | |
| 2023 | Reached 781 employees (July 2023) | |
| 2022 | Reached 764 employees (December 2022) | |
| 2021 | Reached 634 employees (December 2021) | |
| 2021 | Reached 369 employees (June 2021) | |
| 2020 | Reached 249 employees (September 2020) |
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