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How Shipsy CEO Soham Chokshi grew Shipsy to $27.1M revenue and 15K customers in 2024.

Developer of a SaaS based logistics software designed to bring visibility and operational efficiency. The company's logistics software uses data analytics with machine learning algorithms and APIs, enabling logistics company to track parcel, reduce costs and increase adherence to SLAs.

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Shipsy Revenue

In 2024, Shipsy's revenue reached $27.1M. The company previously reported $18.7M in 2023. Since its launch in 2015, Shipsy has shown consistent revenue growth.

Shipsy Revenue GrowthReported revenue / ARR by year$0$6M$12M$18M$24M$30M201520172019202120232024$0$9M$19M$27MSource: GetLatka.com
YearMilestoneQuote
2024Shipsy Hit $27.1m revenue in October 2024
2023Shipsy Hit $18.7m revenue in December 2023
2021Shipsy Hit $9.4m revenue in April 2021
2015Launched with $0 revenue

Shipsy Valuation, Funding Rounds

Shipsy has not publicly disclosed its valuation. The company has raised $7.7M in total funding to date.

Shipsy has raised $7.7M in total funding across 3 rounds, with its most recent round in 2020.

Shipsy Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$2M$4M$6M$8M$10M2015201620172018201920202015 cumulative: $0 • 2015 Founded: $02016 cumulative: $1M • 2015 Founded: $0 • 2016 Funding round: $1M2019 cumulative: $2M • 2015 Founded: $0 • 2016 Funding round: $1M • 2019 Funding round: $682K2020 cumulative: $8M • 2015 Founded: $0 • 2016 Funding round: $1M • 2019 Funding round: $682K • 2020 Funding round: $6M$8M2015 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% SoldQuote
2020Funding round$6M--
2019Funding round$682.2K--
2016Funding round$1M--

Shipsy Employees & Team Size

Shipsy employs approximately 330 people as of 2026, up from 297 in 2023.

Shipsy has 330 total employees in different roles and functions. They have 15K customers that rely on the company's solutions.

Shipsy Team GrowthReported headcount over time07515022530037520152017201920212023202400330330Source: GetLatka.com
YearMilestone
2024Reached 330 employees (December 2024)
2024Reached 297 employees (October 2024)
2023Reached 297 employees (December 2023)
2023Reached 297 employees (July 2023)
2022Reached 318 employees (December 2022)
2021Reached 179 employees (December 2021)
2021Reached 134 employees (April 2021)

Founder / CEO

Soham Chokshi

Soham Chokshi is listed as Founder / CEO at Shipsy.

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Customers

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Frequently Asked Questions about Shipsy

What is Shipsy's revenue?

Shipsy generates $27.1M in revenue.

Who founded Shipsy?

Shipsy was founded by Soham Chokshi.

Who is the CEO of Shipsy?

The CEO of Shipsy is Soham Chokshi.

How much funding does Shipsy have?

Shipsy raised $7.7M.

How many employees does Shipsy have?

Shipsy has 330 employees.

Where is Shipsy headquarters?

Shipsy is headquartered in Gurgaon, Haryana, India.

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Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .

Shipsy Revenue 2024: $27.1M ARR, $7.7M Raised