Shippo, an e-commerce shipping platform, has announced it has raised $50 million in new funding led by Bessemer Venture Partners. The company has raised a total of $154.3 million since 2014.
This round has pushed Shippo to unicorn status, now valued at $1 billion.
The company’s previous valuation, after its last raise of $45 million during Q4 of 2020, was $495 million. In that announcement, Shippo disclosed it had moved more than $12 billion of goods in 2020 within its system.
Since that last...
https://www.freightwaves.com/news/shippo-reaches-unicorn-status-with-50m-raise