E-commerce Fulfillment and Logistics Platform ShipHero Raises $50 Million Investment
Summary
CEO and Founder Aaron Rubin and his team bootstrapped ShipHero into a leading platform, building a SaaS solution for warehouse management and a highly-efficient and scalable outsourced fulfillment offering. "Brands, retailers, and merchants need to constantly improve their service and digital experience which mandates a trusted technology and fulfillment partner to ship quickly and efficiently. "When we first met Aaron, Maggie and the team, we were drawn to their thoughtful, grounded approach to building a high-growth business," said Joe De Pinho, Principal at Riverwood Capital. With a Rule of 40 metric in excess of 150%, CAC payback of a few months, a category leading software platform, and strong referrals in place from happy customers, ShipHero has reached its current growth stage and over 200 employees with only $500k in external funding. Riverwood offers a unique combination of operational, strategic, technology, and financial insight to portfolio companies that typically need growth capital and expertise to scale on a global basis.
Funding
Classifications
AskAI Classifications
LabelsLinked Companies
