Shipmates Raises US$ 2.2M in Seed Funding

Funding Rounds

Summary

The round was led by Y Combinator and Iterative with participation from Cathexis Ventures, Wavemaker Partners, Taurus Ventures, Capital X, Sketchnote Partners. Founded by CEO Josh Supan and CTO David Marquez, Shipmates is a shipping platform that enables online business owners to book on-demand and standard orders using multiple couriers in the Philippines. Supan and Marquez started Shipmates back in July 2021 and launched their beta later in August that year. Following this success, the company got accepted in SEA startup accelerator, Iterative. The shipping aggregator then later raised $500,000 or ₱25 million in seed funding from Y Combinator.

$ Funding

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Amount $2.2M Total raised
Date September 8, 2022 Announcement date
Investors - Lead investors
Company http://www.shipmates.app Funded company

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