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Cloud-based Freight forwarding software helps forwarders to manage freight, shipment, quotation, invoice, inventory.
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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 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 | Source |
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We do not have customer count information for Shipthis yet.
Shipthis employs approximately 17 people as of 2026.
Shipthis generates an estimated $3M in annual revenue.
Shipthis was founded by Ahmed Bolwar.
The CEO of Shipthis is Ahmed Bolwar.
Shipthis is bootstrapped and has not raised outside funding.
Shipthis has 17 employees.
Shipthis is headquartered in Newark, Delaware, United States.
Shipthis operates across multiple industries. Browse revenue, funding, and growth data for Shipthis 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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2024 Revenue
$3M(Est.)
Funding
$0
Team
17
Founded
2017
| Year | Milestone | Source |
|---|---|---|
| 2024 | Shipthis Hit $3m revenue in October 2024 | Estimated |
| 2023 | Shipthis Hit $1.9m revenue in December 2023 | Estimated |
| 2021 | Shipthis Hit $743.6k revenue in April 2021 | |
| 2017 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 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) |
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