ShipBob provides global e-commerce fulfillment solutions for brands. It helps brands to ship orders to their customer's shops. It also offers order and inventory management, warehouse management, predictive data and analytics, and more. The company was founded in 2014 and is based in Chicago, Illinois.
ShipBob's Product Videos
ESPs containing ShipBob
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The on-demand warehousing & fulfillment market offers flexible and scalable solutions for companies of all sizes to store, manage, and distribute their inventory. It addresses the challenges of space shortage, time-consuming negotiations, disparate tools, and inflexible contracts in the traditional warehousing industry. The market leverages technology to connect companies with a network of warehou…
ShipBob's Products & Differentiators
A global omnichannel fulfillment solution
Research containing ShipBob
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned ShipBob in 8 CB Insights research briefs, most recently on May 16, 2023.
Expert Collections containing ShipBob
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
ShipBob is included in 4 Expert Collections, including Supply Chain & Logistics Tech.
Supply Chain & Logistics Tech
Companies offering technology-driven solutions that serve the supply chain & logistics space (e.g. shipping, inventory mgmt, last mile, trucking).
Unicorns- Billion Dollar Startups
Retail Tech 100
The most promising B2B tech startups transforming the retail industry.
Latest ShipBob News
Sep 28, 2023
TikTok launched the in-app e-commerce platform TikTok Shop earlier this month, where consumers can purchase products seen in live videos or tagged in content. Aiming to close 2023 with $20 billion in annual online merchandise sales, more than quadruple the $4.4 billion in gross merchandise value (GMV) sold in 2022, TikTok is padding its logistics and fulfillment capabilities to try to meet that target. Though some thought it would build its own logistics network , the Bytedance-owned company is working with several companies to drive its U.S. fulfillment strategies. These include third-party logistics (3PLs) providers ShipBob , Flowspace , as well as the fulfillment wing of online electronics retailer Newegg, among others. Brands, merchants and creators selling on TikTok Shop can leverage ShipBob’s AI-driven omnichannel fulfillment engine, 50 fulfillment centers and expertise to enhance nationwide inventory storage, order fulfillment and shipping. Merchants don’t have to store all of their SKUs at a third-party warehouse , or use FBT for all of their products; they can pick and choose what they want to store and ship through FBT. Related Stories ShipBob said it has already fulfilled “hundreds of thousands” of orders through its integration with TikTok Shop since the solution was made available for testing earlier this year. When customers place an order with a participating seller on TikTok Shop, ShipBob will pick, pack and ship the order. TikTok sellers can use ShipBob ‘s services to offer customizable badging options, including free shipping, express shipping and flash sales, to help increase conversions. This badges help brands stand out compared to competitors who aren’t using “Fulfilled by TikTok.” A merchant that’s live on TikTok Shop can start selling with “Fulfilled by TikTok” within a day of getting inventory to ShipBob. These sellers can then access “highly competitive shipping, fulfillment and storage rates,” according to the omnichannel fulfillment provider. Because merchants aren’t operating their own warehouses, they should be able to sudden demand spikes from flash sales, viral videos and Black Friday/Cyber Monday promotions, for example. E-commerce fulfillment provider Flowspace offers similar services to ShipBob, but it’s not attached to the “Fulfilled by TikTok” program, according to the terms of its TikTok Shop deal. Instead, Flowspace is part of the TikTok Shop Partner Program. This means its software is directly integrated with the TikTok Shop API, enabling sellers to manage inventory and offer more consistent and efficient fulfillment. Merchants gain access to Flowspace’s OmniFlow fulfillment management software, which offers centralized, real-time visibility and control across inventory, orders and fulfillment activity. With 150 facilities, Flowspace powers omnichannel fulfillment for merchants across varying channels, from social media platforms like TikTok, direct-to-consumer retailers or marketplaces. During onboarding, sellers can match their Flowspace product SKUs to their catalog with TikTok Shop. TikTok also integrates with apps that power fulfillment for e-commerce merchants, including Easyship, WebBee, Pipe17 and AfterShip. TikTok’s fulfillment outsourcing move comes as warehousing costs keep rising. Rent jumped 16.1 percent in the second quarter of 2023 to an average asking price of $9.59 per square foot, according to real estate services firm Cushman & Wakefield. This a more than 50 percent increase since the spring of 2020, when rates averaged $6.58. Industrial real estate vacancies rose to 4.1 percent in the second quarter in response to rising rent. Holding product has gotten more expensive too. Inventory carrying costs, including storage, jumped 52 percent to $759.3 billion in 2022, marking the highest cost growth over the past decade, according to The State of Logistics Report from the Council of Supply Chain Management Professionals (CSCMP) and Kearney . This illustrates why companies interested in growth would avoid owning their fulfillment network, much like TikTok. TikTok Shop is also available in the U.K., where e-commerce fulfillment services provider Huboo powers Fulfilled by TikTok. It was the platform’s first official fulfillment partner. Read More About
ShipBob Frequently Asked Questions (FAQ)
When was ShipBob founded?
ShipBob was founded in 2014.
Where is ShipBob's headquarters?
ShipBob's headquarters is located at 120 North Racine Avenue, Chicago.
What is ShipBob's latest funding round?
ShipBob's latest funding round is Series E.
How much did ShipBob raise?
ShipBob raised a total of $331.1M.
Who are the investors of ShipBob?
Investors of ShipBob include Hyde Park Venture Partners, Hyde Park Angels, Bain Capital Ventures, Menlo Ventures, SoftBank and 11 more.
Who are ShipBob's competitors?
Competitors of ShipBob include Cart.com, Deliverr, OPLOG, byrd, Flexe, Shipium, Omnipack, Linker Cloud, everstox, Hive and 13 more.
What products does ShipBob offer?
ShipBob's products include ShipBob.
Who are ShipBob's customers?
Customers of ShipBob include Touchland, TB12, 100 Thieves, Dossier and The Caker.
Compare ShipBob to Competitors
ShipMonk provides multi-channel order fulfillment services and inventory management software to small and midsized (SMB) e-commerce companies. ShipMonk enables SMBs to focus on building their brands and achieving growth rather than managing backend logistics. API integrations sync directly with customers' marketplace platforms and online shopping carts to automatically import orders, which are then processed at ShipMonk's two bicoastal warehouse locations. ShipMonk aims to save e-commerce companies money while providing a scalable supply chain solution at service levels that the company believes are difficult for SMBs to achieve on their own.
Hive integrates with shops and marketplaces helping users in booking freight, picking, packing, and delivering orders. It offers technology managing the whole fulfillment process for e-commerce through proprietary warehouses. It helps users' brands grow accelerates delivery and handles returns. The company was founded in 2020 and is based in Berlin, Germany.
Stord provides a cloud-based logistics and supply chain platform. The company platform integrates enterprise with a network of logistics providers to optimize physical supply chain operations. It provides its service in a wide range of industries such as the health, beauty, apparel, and food and beverage industries. It was founded in 2015 and is based in Union City, Georgia.
Ohi builds a micro-warehousing platform. Its platform helps e-commerce companies position inventory into micro-warehouses within cities. The company was founded in 2018 and is based in New York, New York.
byrd offers a first-mile shipping service allowing customers to ship items. The company picks up the items, packs them, and ships them with a carrier for a small service fee. It provides software to optimize fulfillment and maximize transparency in the supply chain. The company was founded in 2016 and is based in Vienna, Austria.
Flowspace is a technology platform powering ecommerce fulfillment. The company handles storage, fulfillment, and transportation from a single interface by using the company’s cloud-based software platform, brands gain access to professionally operated fulfillment centers. It was founded in 2017 and is based in Los Angeles, California.