Shipsy is an AI-powered logistics platform that optimizes and automates end-to-end supply chain operations for global businesses. The platform offers comprehensive solutions for managing first-, middle-, and last-mile logistics, freight procurement, shipment tracking, and invoice reconciliation. Shipsy enhances efficiency, reduces costs, and improves customer experiences through real-time analytics and intelligent 3PL management.
Founded in 2015 by Soham Chokshi, Dhruv Agrawal, Himanshu Gupta, Sahil Arora, and Maharshi Devraj, Shipsy has rapidly grown to become a key player in the logistics technology sector. Headquartered in Gurugram, India, the company has expanded its operations globally, establishing regional headquarters in Dubai to cater to the Middle East market. Shipsy has seen significant growth, with a 75% increase in clients and revenue, and a talent pool growing at a rate of 1.5X5.
Shipsy has raised a total of $32.9 million over six funding rounds. The latest funding round was a Series B round in February 2022, where the company raised $25 million, co-led by A91 Partners and Z3Partners. The company is venture capital-backed, with investors including Sequoia Capital, Ncubate Capital Partners, and Peak XV Partners.
Shipsy offers a suite of AI-powered solutions designed to streamline logistics operations:
In October 2023, Shipsy acquired Stockone, a leading warehouse management system provider, to enhance its product offerings and expand its market reach. This acquisition aligns with Shipsy’s strategy to provide comprehensive logistics solutions and drive digital transformation across the logistics ecosystem.
Shipsy continuously updates its platform to address evolving customer needs. Recent updates include:
Shipsy fosters a collaborative and innovative work environment. The company emphasizes continuous learning, customer obsession, and first-principles thinking. Employees are encouraged to take ownership and drive outcomes, contributing to a culture of growth and creativity. Shipsy also values work-life balance, offering flexible work arrangements and organizing regular team-building activities.
Shipsy serves over 250 customers globally, including 20,000+ shippers, 300+ freight forwarders, and 55+ major shipping lines. The platform empowers brands to enhance customer experience, reduce costs, and make deliveries more intelligent. Shipsy’s community is growing, with significant adoption across various industries, including retail, manufacturing, and logistics.
