2024 Revenue
$3M
Funding
$0
YOY
55.6%
Team
17
Founded
2017
How Shipthis CEO Ahmed Bolwar grew to $3M revenue with a 17 person team in 2024.
Cloud-based Freight forwarding software helps forwarders to manage freight, shipment, quotation, invoice, inventory.
Last updated
Shipthis Revenue
In 2024, Shipthis's revenue reached $3M. The company previously reported $1.9M in 2023. Since its launch in 2017, Shipthis has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | Shipthis Hit $3m revenue in October 2024 | |
| 2023 | Shipthis Hit $1.9m revenue in December 2023 | |
| 2021 | Shipthis Hit $743.6k revenue in April 2021 | |
| 2017 | Launched with $0 revenue |
Shipthis Valuation, Funding Rounds
Shipthis is a bootstrapped Freight Management Software startup. Founded in 2017, Shipthis has grown to $3M in revenue without raising any venture capital or outside funding.
As a self-funded Freight Management Software SaaS company, Shipthis has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for Shipthis yet.
Shipthis Employees & Team Size
Shipthis employs approximately 17 people as of 2026.
| Year | Milestone |
|---|---|
| 2024 | Reached 17 employees (October 2024) |
| 2023 | Reached 17 employees (December 2023) |
| 2022 | Reached 14 employees (December 2022) |
| 2021 | Reached 8 employees (December 2021) |
| 2021 | Reached 9 employees (April 2021) |
Frequently Asked Questions about Shipthis
What is Shipthis's revenue?
Shipthis generates an estimated $3M in annual revenue.
Who founded Shipthis?
Shipthis was founded by Ahmed Bolwar.
Who is the CEO of Shipthis?
The CEO of Shipthis is Ahmed Bolwar.
How much funding does Shipthis have?
Shipthis is bootstrapped and has not raised outside funding.
How many employees does Shipthis have?
Shipthis has 17 employees.
Where is Shipthis headquarters?
Shipthis is headquartered in Newark, Delaware, United States.
Compare Shipthis to the industry
Shipthis operates across multiple industries. Browse revenue, funding, and growth data for Shipthis in each sector below.
Data and Sources
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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