Shippit Pty. Ltd.

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Shippit Pty. Ltd. - overview

Established

2014

Location

Sydney, NSW, Australia

Primary Industry

Software

About

Based in Sydney, Australia, and founded in 2014 by co-founders William On and Rob Hango-Zada, Shippit Pty. Ltd. operates as a logistics technology company. In October 2022, Shippit Pty.


Ltd. , a portfolio company of Aura Group, Aura Ventures, EVP, Global Founders Capital, Grand Prix Capital, OneVentures, Perennial Partners, Rocket Internet SE, RTL Group Investments, SecondQuarter, Tidal Ventures and Tiger Global Management, acquired Luwjistik from East Ventures, MDI Ventures, Global Founders Capital and Trihill Capital for AUD 18 million. The company provides a delivery fulfillment platform that includes an algorithmic matchmaking service that selects the most appropriate carrier for the job. It was made to help online retailers streamline their delivery operations and communicate with customers.


Its services include packing and shipping, tracking and notifying, returns, reporting, delivery services, transit protection, and carbon-neutral delivery. The company generates revenue through its platform subscription packages, which include: Grow (USD 49/month), Unleash (USD 149/month), Empower (USD 125/month), and Enterprise (USD 749/month). The October 2022 acquisition enables Shippit Pty. Ltd.


to accelerate growth in Southeast Asia, including its enterprise customers.


Current Investors

Western Venture Capital, Bellite Pty. Ltd, Wpac Imports Pty Ltd

Primary Industry

Software

Sub Industries

Logistics & Distribution, Web Applications, Application Integration Software

Website

www.shippit.com

Verticals

Cloud Computing

Company Stage

Series B

Total Amount Raised

Subscriber access only

Shippit Pty. Ltd. - timeline of key events

Blurred Background

Want to see the Timeline of Key Events?

Request a demo for full access to this profile.

Shippit Pty. Ltd. - employee data

Blurred Background

Want to see Employee Count?

Request a demo for full access to this profile.

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.