About Shipwell
Shipwell provides a Transportation Management System (TMS) that enhances supply chain visibility and efficiency for businesses like suppliers and retailers in the United States. Its cloud-native platform allows clients to plan shipments, track performance, and manage financial settlements while integrating with various carrier networks. Shipwell's real-time visibility feature enables clients to monitor shipments and communicate with carriers, helping to optimize supply chains and reduce costs. The company's goal is to streamline logistics processes and improve operational efficiency for its clients.
Austin, TexasHeadquarters
2016Year Founded
$45.7MTotal Funding
SERIES_BCompany Stage
Data & Analytics, Automotive & Transportation, Enterprise SoftwareIndustries
51-200Employees
Benefits
Health Insurance
Dental Insurance
Vision Insurance
Disability Insurance
Unlimited Paid Time Off
Home Office Stipend
401(k) Retirement Plan
401(k) Company Match
Professional Development Budget
Phone/Internet Stipend
Risks
Competition from established TMS providers could pressure Shipwell's market share and pricing.
Sale of truckload brokerage unit may affect service control and customer satisfaction.
Rapid revenue growth may lead to scalability challenges impacting service quality.
Differentiation
Shipwell offers a cloud-native TMS platform with real-time visibility and analytics.
The platform integrates seamlessly with carrier networks, financial systems, and e-commerce platforms.
Shipwell's TMS supports multi-modal transportation, including parcel, truckload, and intermodal.
Upsides
Increased demand for real-time visibility boosts adoption of Shipwell's advanced TMS platform.
Partnerships with Marex and NMB Solutions expand Shipwell's service offerings and market reach.
Recognition in Gartner's Magic Quadrant enhances Shipwell's credibility and market position.
Funding
Total raised$45.72 M
Latest valuation$175.00 M
StageSERIES_B
SERIES B
9/30/2019$35
$175.00 MSERIES A
9/30/2018$10
$50.00 MSEED
8/31/2017$2
$10.00 M