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E-Commerce Fulfillment and Inventory Management Platform Provider ShipMonk Raises $65 Million in Additional Growth Equity Funding from Periphas Capital

Jan 27, 2021•over 4 years ago

Amount Raised

$65 Million

Fort Lauderdale

Description

ShipMonk, a leading provider of e-commerce fulfillment and technology solutions, today announced a $65 million infusion of growth equity from Periphas Capital. The deal closely follows a $290 million growth equity round from Summit Partners, raised in December. ShipMonk’s total funding now exceeds $365 million, including previous funding from SJF Ventures, Grotech Ventures and Supply Chain Ventures. The latest financing comes as the company further accelerates its growth and international expansion to support more customers with new locations, expanded carrier partnerships and technology enhancements to its platform

Company Information

Company

Shipmonk

Location

Fort Lauderdale, Florida, United States

About

ABOUT SHIPMONK From its inception in 2014, ShipMonk has operated with a singular guiding principle: to help small and medium-sized ecommerce businesses scale by offering technology-driven fulfillment solutions that enable business founders to devote more time to the things that matter most in their businesses. Put simply, ShipMonk helps ecommerce companies stress less and grow more. Headquartered in Fort Lauderdale, FL, ShipMonk has more than 1,000 employees across facilities in Fort Lauderdale, FL, Pittston, PA, Los Angeles, CA, and Prague, Czech Republic. More information is available at www.shipmonk.com.

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