ShipMonk, an online fulfillment and technology solutions company, has completed a $290 million growth equity round as the global e-commerce surge shows no signs of abating.
Growth investor Boston-based Summit Partners led the round, which represents a minority stake in the Fort Lauderdale, Florida-based startup.
As part of the deal, Summit Partners Managing Director Christopher Dean and Vice President Chelsea Jurman will join Shipmonk’s board of directors.
As consumer spending continues its rapid...
https://www.freightwaves.com/news/shipmonk-secures-290m-in-growth-equ