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ShipMonk is a technology-enabled third-party logistics and fulfillment company founded in 2014 and headquartered in South Florida.

shipmonk.comLinkedInUpdated Oct 29, 2026
Annual revenue
$225M
Oct 2024EST
Latka List
#23
of 1,302 interviewed companiesEST
Total raised
$365M
3 rounds
Employees
1,026
Oct 2024
Customers
1K

ShipMonk revenue

ShipMonk's last reported revenue was $80M in 2019 (Jan Bednar on camera; projected full-year 2019; he says more like 70, 80). GetLatka estimates it at about $225M a year (October 2024). ShipMonk is #23 on the Latka List, level with one other. The list ranks the 1,302 companies Nathan Latka has interviewed by revenue.

$0
$100M
$200M
$0
$1M
$4M
$10M
$30M
$80M
$140M
–
$180M
$225M
2014…2015201620172018201920202021–2220232024
ReportedEstimateFounded 2014 at $0; every reading has its own bar
All 8 revenue readings, with sources
As ofRevenueSource
2015$1MJan Bednar on cameraWatch at 3:21
2016$4MJan Bednar on cameraWatch at 3:21
2017$10MJan Bednar on cameraWatch at 3:21
2018$30MJan Bednar on cameraWatch at 3:21
2019$80MJan Bednar on cameraWatch at 3:01projected full-year 2019; he says more like 70, 80
Dec 2020$140M–
Dec 2023$180MESTGetLatka estimate
Oct 2024$225MESTGetLatka estimate

– source not recorded

ShipMonk funding rounds & investors

ShipMonk has raised $365M across three rounds since 2018. The latest was a $65M Growth equity round in January 2021.

DateRoundRaisedLed bySource
Jan 2021Growth equity$65MPress & News
Dec 2020Growth equity$290Mglobal growth investor Summit Partners–
Oct 2018Series A$10MSJF VenturesPress & News
Total raised$365M

Interviews with Jan Bednar

Nathan Latka has interviewed ShipMonk once, speaking with Jan Bednar. Each figure links to the second it was said.

Growth tactics they described: Live EventsWatch at 1:19

ShipMonk competitors

ShipMonk competes most directly with ShipBob and Flowspace.

CompanyRevenueFundingEmployeesCustomersFounded
ShipMonk$225M$365M1,0261K2014
ShipBob$97.7M$330.5M1,5055K2014
Flowspace$7.7M$46.5M80–2017

ShipMonk CEO, founders & employees

Kevin Sides founded ShipMonk in 2014 with Jan Bednar and runs it as CEO. ShipMonk had 1,026 employees (October 2024, LinkedIn), up from 924 a year earlier.

BoardSanjeev Mehra, Chelsea Jurman, David Griest, Christopher Dean, Lawson DeVries

InvestorsJim Ryan

0
500
1,000
70
450
1,000
494
679
924
1,026
2018201920202021202220232024
ReportedOne figure per year; a reported figure wins over an estimate
All 11 headcount readings, with sources
As ofEmployeesSource
Oct 20241,026LinkedIn
Dec 2023924LinkedIn
Dec 20232,000LinkedIn
Jul 20232,000–
Dec 2022679LinkedIn
Dec 2021494LinkedIn
Dec 20201,000–
Dec 2020213–
Jun 2020161–
Aug 2019450Jan Bednar on cameraWatch at 5:58
Dec 201870–

ShipMonk FAQ

What is ShipMonk's revenue?

GetLatka estimates ShipMonk's revenue at about $225M a year (October 2024). The last reported figure was $80M in 2019 (projected full-year 2019; he says more like 70, 80), as Jan Bednar said on camera.

How much funding has ShipMonk raised?

ShipMonk has raised $365M across three funding rounds. The latest was a $65M Growth equity round in January 2021.

Who owns ShipMonk?

ShipMonk is privately held. Its lead investors include SJF Ventures and global growth investor Summit Partners.

Is ShipMonk profitable?

ShipMonk was profitable in August 2019, as Jan Bednar said on camera.

How many employees does ShipMonk have?

ShipMonk had 1,026 employees in October 2024, according to LinkedIn.

Who is the CEO of ShipMonk?

Kevin Sides is the CEO of ShipMonk and co-founded the company in 2014.

Who founded ShipMonk?

Kevin Sides and Jan Bednar founded ShipMonk in 2014.

How this page is sourced

19 said on camera · 7 from public sources · 2 estimates. Founder figures link to the second they were said; public figures name their source; estimates are marked EST and say whose they are. Not financial advice. The Latka List ranks the private, operating companies Nathan Latka has interviewed by the latest revenue figure on each profile, reported or estimated; equal figures share a rank.

Updated Oct 29, 2026Data disclaimerReport a correctionClaim this profile