ShippyPro, a Florence, Italy-based provider of shipping management software for global ecommerce merchants, raised $5m in Series A funding.
The round was led by Five Elms Capital.
The company plans to use the funds to continue to hire and reach 150 employees in the next 12 months, to execute on its product roadmap, which includes releasing new features to help customers optimize their fulfillment processes and save budget on logistics spend, including functionality that will focus on the CO2 impact of deliveries.
Founded in 2016 by Francesco Borghi (CEO) and Lorenzo Rogai (CTO), ShippyPro provides a shipping management software platform for global ecommerce merchants and omnichannel brands. Its universal delivery technology allows ecommerce brands to increase delivery speed and efficiency, automate tracking and returns, and manage the complexity of cross-border shipping.
The platform currently processes millions of shipments per month for thousands of customers in 36 countries, including brands like Diesel, Guess, and Volcom, who use the platform and its integrations to ship, track and return their ecommerce orders. The company integrates with over 140 carriers and 60 sales channels including major players such as UPS, DHL, FedEx, Amazon, Shopify and Ebay.
ShippyPro currently has nearly 50.