Announced
Completed
Financials
Sources
Tags
Acquisition
Venture Capital
Domestic
Completed
Express Courier / Parcels
Friendly
United States
Private
Minority
Single Bidder
logistics
Private Equity
supply chain
Synopsis
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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