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D1 Capital Partners led a $30m series C funding round in Shippo.

Synopsis

D1 Capital Partners, an American investment firm, led a $30m series C funding round in Shippo, an American software company, with participation from Bessemer Venture Partners, Union Square Ventures, Uncork Capital, and Version One. "Shipping shouldn't be seen as a cost center, it's a growth engine. When used properly, shipping is a tool for businesses to gain consumer confidence, increase conversions, and drive repeat buying by building loyalty. Except, many of these benefits have historically been reserved for the savviest and most resource-rich businesses. Shippo is changing that dynamic. We're making shipping an order as easy as sending a text message. Merchants will no longer stress over the right carriers to use, shipping options to show their customers, or labels to purchase. They trust Shippo to optimize for their growth," Laura Behrens Wu, Shippo co-founder and CEO.

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