Shipium, a Seattle, WA-based technology-driven supply chain and logistics company, raised $27.5M in Series A funding.
The round, which brings total funding to $38.7M since its inception in 2019, was led by Insight Partners.
The company will use the funding to invest in engineering talent to expand platform capabilities that coordinate more parts of the supply chain, including network optimization and sophisticated order routing.
Led by Jason Murray, CEO, Shipium is a technology-driven supply chain and logistics company seeking to solve “the Prime problem” for companies facing heightened customer expectations. The company helps e-commerce companies ship their orders fast, free, and on-time by improving supply chain decisions, which can reduce shipping costs over 5% and speed up estimated delivery by several days.
Shipium is on pace to break 100 million shipments processed by the end of 2022.
FinSMEs
15/04/2022