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Shippo, Inc. is a software company that provides an e-commerce shipping platform to help businesses streamline their shipping processes and reduce shipping costs. Its platform allows users to compare shipping rates from various carriers, print labels, track shipments, and manage returns, all from a single dashboard. Shippo serves businesses of all sizes, from small Etsy shops to large-scale e-commerce retailers.
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In 2024, Shippo's revenue reached $51.2M. The company previously reported $42M in 2023. Since its launch in 2013, Shippo has shown consistent revenue growth.
Shippo reached a $1B valuation in 2021, set during its Series E round.
Shippo has raised $154.3M in total funding across 8 rounds, most recently a $50M Series E round in 2021.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2021 | Series E | $50M | $1B | 5% | |
| 2021 | Series D | $45M | $495M | 9% |
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Shippo serves 100K customers.
Shippo employs approximately 285 people as of 2026, up from 242 in 2024, including 20 sales reps that carry a quota. It serves 100K customers that rely on its solutions.
Shippo generates an estimated $51.2M in annual revenue.
Shippo was founded by Laura Behrens Wu.
The CEO of Shippo is Laura Behrens Wu.
Shippo raised $154.3M across 8 rounds.
Shippo has 285 employees.
Shippo is headquartered in San Francisco, California, United States.
Shippo operates across multiple industries. Browse revenue, funding, and growth data for Shippo 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
$51.2M(Est.)
Customers
100K
Funding
$154.3M
Avg ACV
$512
Team · 2025
285
Founded
2013
| Year | Milestone | Source |
|---|---|---|
| 2024 | Shippo Hit $51.2m revenue in October 2024 | Estimated |
| 2023 | Shippo Hit $42m revenue in November 2023 | |
| 2022 | Shippo Hit $38.2m revenue in November 2022 | |
| 2022 | Shippo Hit $38.2m revenue in June 2022 | |
| 2021 | Shippo Hit $28.1m revenue in November 2021 | |
| 2021 | Shippo Hit $28.1m revenue in February 2021 | |
| 2013 | Launched with $0 revenue |
| 2020 | Series C | $30M | $220M | 14% |
| 2017 | Series B | $20M | - | - |
| 2016 | Series A | $7M | - | - |
| 2014 | Seed Round | $2M | - | - |
| 2014 | Seed Round | $250K | - | - |
| 2014 | Pre Seed Round | $25K | - | - |
| Year | Milestone | Source |
|---|---|---|
| 2025 | Reached 285 employees (November 2025) | |
| 2024 | Reached 242 employees (December 2024) | |
| 2024 | Reached 261 employees (October 2024) | |
| 2023 | Reached 261 employees (November 2023) | |
| 2023 | Reached 261 employees (September 2023) | |
| 2023 | Reached 261 employees (September 2023) | |
| 2023 | Reached 261 employees (September 2023) | |
| 2023 | Reached 258 employees (July 2023) | |
| 2023 | Reached 258 employees (January 2023) | |
| 2022 | Reached 316 employees (November 2022) | |
| 2022 | Reached 316 employees (January 2022) | |
| 2021 | Reached 251 employees (November 2021) | |
| 2021 | Reached 251 employees (August 2021) | |
| 2021 | Reached 156 employees (February 2021) | |
| 2020 | Reached 108 employees (November 2020) | |
| 2020 | Reached 108 employees (April 2020) |
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