ShipHero Strengths, Domain Expertise, and Key Differentiators
As the e-commerce industry continues to flourish, businesses are seeking innovative solutions to streamline their operations and deliver superior customer experiences. ShipHero, a prominent player in the field of e-commerce fulfillment technology, has emerged as a game-changer in the industry. The company's domain expertise in e-commerce fulfillment technology, coupled with its robust product portfolio, positions it as a preferred choice for mid-to-large brands and merchants. With a focus on providing superior shipping and digital experiences, ShipHero has become synonymous with efficiency and tech-driven solutions.
ShipHero Recent Developments
ShipHero continues to make waves in the e-commerce fulfillment space with its recent developments and achievements. In June 2021, the company introduced a new feature, Unit of Measure (UOM), in its shipping software and mobile app. This addition enhances accuracy and efficiency, further streamlining warehouse operations. ShipHero's commitment to precision is evident, with an already impressive 99%+ accuracy rate.
ShipHero Mergers and Acquisitions (M&A) Activities
ShipHero's acquisition strategy has played a pivotal role in its growth and market consolidation. By acquiring Cargo Cove Fulfillment and Golden Egg Solutions, ShipHero has not only expanded its service offerings but also gained valuable domain expertise and a broader customer base. These strategic moves enable the company to provide end-to-end solutions and strengthen its competitive advantage in the market.
In terms of funding, ShipHero secured a significant milestone in June 2021. The company announced the successful closure of a $50 million funding round led by Riverwood Capital, a high-growth tech investor. This infusion of capital will fuel ShipHero's expansion plans, product development, and continued innovation.
ShipHero Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying ShipHero applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of ShipHero and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified ShipHero WMS customers.
ShipHero Overview
55 W Railroad Ave
Garnerville, NY, 10923, United States
1 855-605-5222
https://www.shiphero.com/
Ownership: - x
Number of Employees: 200
Functional Markets: SCM,
Key Verticals: Automotive, Consumer Packaged Goods, Distribution, Healthcare, Life Sciences, Manufacturing, Professional Services, Retail, Transportation,
ShipHero Key Enterprise and Cloud Applications
ShipHero WMS
ShipHero Revenues, $M:
Type/Year | 2022 | 2023 | YoY Growth, % |
---|---|---|---|
Total Revenues, $M | Subscribe | Subscribe | Subscribe |
Enterprise Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
Cloud Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
ShipHero Revenue Breakdown By Type, $M:
ShipHero Enterprise Applications Revenues By Functional Markets, $M:
ShipHero Enterprise Applications Revenues By Verticals, $M:
ShipHero Revenues By Region, $M
Region | % of Total Revenues | 2023 Total Revenues, $M | 2023 Enterprise Applications Revenues, $M | 2023 Cloud Applications Revenues, $M |
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Americas | Subscribe | Subscribe | Subscribe | Subscribe |
EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
APAC | Subscribe | Subscribe | Subscribe | Subscribe |
Total | Subscribe | Subscribe | Subscribe | Subscribe |
ShipHero Direct vs Indirect sales
Region | Direct Sales | Indirect Sales | Total |
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Type % | Subscribe | Subscribe | Subscribe |
Revenues, $M | Subscribe | Subscribe | Subscribe |
ShipHero Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified ShipHero Customers
No. of ShipHero Customers: 5000
No. of ShipHero Enterprise Applications Customers: x
No. of ShipHero Cloud Customers: x
No. of ShipHero Cloud Subscribers: x
ShipHero serves an extensive customer base comprising more than 5,000 mid-to-large brands and merchants, including several Fortune 500 customers. This diverse customer portfolio underscores the company's industry-wide appeal and ability to cater to various business needs. ShipHero's commitment to customer satisfaction has resulted in multiple reference customer wins, further validating its position as a trusted partner in the e-commerce fulfillment space. The company has achieved success across different regions, reflecting its global reach.
ShipHero Market Opportunities, M&A and Geo Expansions
The e-commerce industry is experiencing exponential growth, driven by changing consumer behaviors and increased online shopping. ShipHero's cutting-edge technology and comprehensive suite of services position it to capitalize on this market growth. Additionally, the company can explore expansion opportunities in new regions to tap into untapped markets and expand its customer base further.
ShipHero Risks and Challenges
ShipHero's sustainability hinges on its ability to attract new merchants, retain revenue from existing merchants, and increase sales to both new and existing customers.
ShipHero Ecosystem, Partners, Resellers and SI
Through its Strategic Partner program, the company allows individuals and organizations to integrate directly with its platform using an open and robust API. This approach enables seamless technology integrations and fosters network effects. Collaborations with system integrators and value-added resellers further enhance ShipHero's ecosystem, creating a synergistic environment that benefits all stakeholders.
ShipHero Cloud Infrastructure Insights
Subscribe to read more about:
- ShipHero Public Cloud and Infrastructure (IaaS)
- ShipHero Platform (PaaS)
- ShipHero Application Delivery
- ShipHero Private Cloud and Data Centers
Research Methodology
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
For additional information on our methodologies, here's the link:
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