ShipBob reaches $1B valuation with new funding round

The money keeps flowing into the last-mile logistics space and the latest company to reap the benefits is cloud-based platform ShipBob, which announced a $200 million Series E round Tuesday morning.

The new funding, which brings total funding in the company to $330.5 million according to Crunchbase, doubles ShipBob’s valuation from its Series D funding round in September 2020 to more than $1 billion today, it said in a release.

The Series E financing was led by Bain Capital Ventures, which led...

https://www.freightwaves.com/news/shipbob-reaches-1b-valuation-with-new-funding-round

Leave a Comment

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon