ShipMonk Raises $290M Growth Financing

ShipMonk, a leading provider of ecommerce fulfillment and technology solutions, has raised a $290 million growth equity round, led by Summit Partners.

ShipMonk's proprietary ecommerce management platform is designed to free growing online businesses from the hassle and time-intensive-but increasingly important-process of managing backend logistics. Its API integrations sync with leading shopping cart and marketplace platforms, such as Shopify, to automatically import orders across every sales channel and support a seamless and quick fulfillment experience. Orders are processed at ShipMonk's U.S. warehouse locations strategically located throughout the United States to facilitate fast delivery of products to customers.