Shippo

Meet the startup going up against Amazon in the shipping wars

Co-Founders:
Laura Behrens Wu, 25; Simon Kreuz, 28
2016 Revenue:
Undisclosed
Industry:
Logistics & Transportation
Location:
San FranciscoCA 
Founded:
2014
60
Raised:
$9 million

Laura Behrens Wu started a business to solve a problem--a problem for the business she was then running. In 2013, Wu--a German graduate student and tech worker living in San Francisco--launched an online store, selling sustainable handbags. She used Shopify to process sales and Stripe for payments. Problem was, frequent trips to the post office became a time suck. "We were making two to three trips a day," says Wu. She figured she wasn't the only one feeling the pain--that same year, she abandoned her shop to found Shippo. Before Shippo, she says, it was next to impossible to easily compare prices, routes, and times among carriers like UPS and FedEx. That's just not tenable, Wu thought. "In e-commerce, shipping is such a cost factor," she says. "So we started to look into the inefficiencies of shipping." Today, some 10,000 customers use the company's platform. --Graham Rapier

MORE COMPANY INFORMATION

Twitter:
@goshippo
Website:
goshippo.com