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New Deal


Announced

Completed

Insight Partner led a $27.5m Series A funding round in Shipium.

Financials

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Transaction Value£21m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Venture Capital

Domestic

Completed

Express Courier / Parcels

Friendly

United States

Private

Minority

Single Bidder

logistics

Private Equity

supply chain

Synopsis

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Insight Partner, a private equity and venture capital firm, led a $27.5m Series A funding round in Shipium, a technology-driven supply chain and logistics company. "Prime is the problem for everyone else because it focuses on what customers want, like faster and cheaper shipping options and a better delivery experience. Modern technology that unifies decisions throughout the supply chain in service of those last-mile goals is the only way to compete for customer growth and loyalty. This Series A funding indicates that the industry is understanding this. We're excited to extend our offerings to retailers in order to give consumers what they want," Jason Murray, Shipium CEO and co-founder.

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