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Shipthis Revenue (2024)

Cloud-based Freight forwarding software helps forwarders to manage freight, shipment, quotation, invoice, inventory.

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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.

Shipthis Revenue GrowthReported revenue / ARR over time · latest figure estimated$0$750K$1.5M$2.3M$3M$3.8M20172018201920202021202220232024$0$743.6K$1.9M$3MSource: GetLatka.com
YearMilestoneSource
2024Shipthis Hit $3m revenue in October 2024Estimated
2023Shipthis Hit $1.9m revenue in December 2023Estimated
2021Shipthis Hit $743.6k revenue in April 2021
2017Launched 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.

Shipthis Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$0.2$0.4$0.4$0.6$0.6$0.8$0.8$1$12017Source: GetLatka.com
YearRoundAmountValuation% SoldSource

Founder / CEO

Ahmed Bolwar

CEO

Ahmed Bolwar is listed as CEO at Shipthis.

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Customers

We do not have customer count information for Shipthis yet.

Shipthis Employees & Team Size

Shipthis employs approximately 17 people as of 2026.

Shipthis Team GrowthReported headcount over time04812162020172018201920202021202220232024001717Source: GetLatka.com
YearMilestoneSource
2024Reached 17 employees (October 2024)
2023Reached 17 employees (December 2023)
2022Reached 14 employees (December 2022)
2021Reached 8 employees (December 2021)
2021Reached 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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Shipthis Revenue 2024: $3M Est. ARR (Bootstrapped)