ShipHero, a New York-based e-commerce software and fulfillment provider, announced Thursday morning that it raised $50 million from Riverwood Capital. The deal values the company at $225 million post-money.
The investment represents the first institutional money ShipHero has taken on: The company scaled to a $30 million revenue run-rate on just $435,000 raised from friends and family years ago.
ShipHero has two primary lines of business: software-as-a-service (SaaS) and e-commerce fulfillment....
https://www.freightwaves.com/news/shiphero-raises-50m-to-expand-e-comm-fulfillment-network