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Shippo (company)

From Alfawiki
Popout, Inc. (operating as Shippo)
Company typePrivate
IndustrySoftware, e-commerce solutions
Founded2013; 13 years ago (2013)
Headquarters
San Francisco
,
United States
Area served
Worldwide
Key people
Laura Behrens Wu (CEO), Simon Kreuz (Co-founder)
ProductsShipping API, web platform, shipping label creation, address verification, package tracking
Websitegoshippo.com

Popout, Inc., operating as Shippo, is a U.S.-based software provider specializing in e-commerce solutions.

Business

Established in 2013 and headquartered in San Francisco, California, Shippo supports a client base exceeding 100,000 businesses. The company delivers services through an API, a web platform, and seamless integrations with leading e-commerce marketplaces including eBay, Amazon, Shopify, Etsy, Magento, Bigcommerce, Weebly, GoDaddy, and Stripe.

By consolidating shipments, Shippo negotiates lower shipping rates and transfers these cost reductions to its users. Its system enables functionalities such as shipping label creation, address verification, access to multiple carriers, API-enabled tracking, batch label processing, discounted rates, and international shipment handling. Additionally, Shippo collaborates with supply chain management platforms like Sellbrite, Selro, and SnapFulfil to bolster logistics efficiency.

As an official shipping collaborator within eBay's Guaranteed Delivery Program, Shippo focuses on serving online marketplaces and e-commerce enterprises by simplifying the integration of various carrier services via APIs and web tools. Its offerings encompass rate comparison, label generation, customs paperwork for international parcels, return shipping labels, and real-time package tracking.

History

In March 2016, Shippo joined forces with the United States Postal Service as an ePostage partner alongside companies such as Amazon and Etsy.

Co-founders Laura Behrens Wu (CEO) and Simon Kreuz were honored in Forbes' 2017 30 Under 30 list for Enterprise Technology. Wu also earned recognition in LinkedIn's 2016 Next Wave: Top Professionals 35 & Under.

Shippo participated in Plug and Play's StartupCamp beginning January 2014 and was part of the 500 Startups Batch 8 cohort. The company secured $2 million in seed capital during 2014 led by SoftTechVC, with Jeff Clavier joining its board of directors. In September 2016, Shippo completed a $7 million Series A financing round led by Union Square Ventures; Albert Wenger joined the board as Clavier stepped down. By October 2017, Shippo raised an additional $20 million in Series B funding spearheaded by Bessemer Venture Partners, totaling $30 million in investments by the end of that year.

In 2018, Shippo introduced a package tracking tool designed to help retailers keep customers informed about shipment status. Later, in October 2019, the company collaborated with UPS to create an application aimed at small to medium-sized retail businesses.