2020 Revenue

$140.0M

YOY

66.67%

Funding

$300.0M

How Shipmonk hit $140.0M in Revenue with 1K Customers in 2020.

About Shipmonk

Ecommerce Order Fulfillment

Monthly Revenue

$11.7M

+ $4.7M (66.67%)
Total Expenses

$11.7M

=
Net Income

$1.0

Ebidta Margin

0.00%

+
YOY Growth

66.67%

=
Rule of 40

67


How did Latka collect this data?

Podcast Youtube video

Latka collected this data by interviewing Shipmonk CEO Jan Bednar on 12/02/2020

Watch the podcast


Headquarters

201 Northwest 22nd Avenue Fort LauderdaleFloridaUnited States
$Funding$Revenue

Shipmonk Revenue

In 2020, Shipmonk revenue run rate hit $140.0M in revenue.

67.00%▲$84.0M$140.0M

Shipmonk Valuation and Funding History

Shipmonk has raised a total of $300.0M.

Why are so many SaaS founders taking money from Founderpath.com instead of VC's?
Funding DateRoundAmountTotalValuation
12/02/2020$290.0M
10/26/2018$10.0M

Customers

Shipmonk has 1K customers.

Lifetime Months

×
Monthly ARPU

$7.0K

=
Lifetime Dollars


Acquisition Cost

$1.5K

Average Annual Price

$84.0K

$0$84.0K0 month payback period024681012

Churn

Shipmonk has an annual churn rate of 0.00%

Churn vs Expansion

-100-500%50100
Gross Annual Dollar Churn

-0.00%

Annual Dollar Expansion

0.00%

Net Revenue Retention

100.00%

Team

Employees

Shipmonk has 1,000 employees. They have 20 sales reps that carry a quota, an engineering team of 35 and a marketing team of 9.

201820192020543.00%▲-64.00%▼
DistributionQty

Total Team Size

1000

Engineers

35 (4%)

Sales

20 (2%)

Marketing

9 (1%)

CEO/Founder

Jan Bednar


CEO Q&A

What's your age?

28

Favorite online tool?

Asana

Favorite book?

None

Favorite CEO?

Toby Shopify

Advice for 20 year old self

Dont be afraid to invest in people


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Frequently Asked Questions about Shipmonk

When was Shipmonk founded?

Shipmonk was founded in 2014.


Who is the CEO of Shipmonk?

The CEO of Shipmonk is Jan Bednar


How many employees does Shipmonk have?

Shipmonk has 1,000 employees.

How much revenue does Shipmonk generate?

Shipmonk generates $140.0M in revenue.


How much funding does Shipmonk have?

Shipmonk has raised $300.0M.


Where is Shipmonk headquarters?

Shipmonk is headquartered at 201 Northwest 22nd Avenue Fort LauderdaleFloridaUnited States

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