ITALY – ShippyPro, a Florence, Italy-based provider of a shipping platform for commerce, raised $15M in Series B funding.
Five Elms Capital made the investment. The company intends to use the funds to expand globally and accelerate innovation to become the shipping infrastructure for brands. Led by CEO Francesco Borghi, ShippyPro is an all-in-one shipping management software for global ecommerce merchants and omnichannel brands. It helps businesses save time and dollars in logistics budget by providing a multi-carrier infrastructure and automating shipping rates comparison, label generation, tracking, returns and logistics data analysis.The company has recently launched two new products. The first facilitates Out Of Home deliveries, granting brands the flexibility to let consumers receive their orders at diverse drop-off points, including postal offices, supermarkets, and local shops. The second, ShippyPro Data Optimize, is a suite of business intelligence tools designed to illuminate shipping data, providing brands with oversight and control over their shipping information. The company has built a large library for logistics with over 165 carriers and 85 sales channels natively integrated that gives brands access to new shipping services in no-time making a valuable accelerator for global expansion and omnichannel orchestration.ShippyPro currently processes millions of shipments per month for thousands of clients in more than 36 countries for important brands in different industries, including Diesel, Guess and Venchi.07/11/2023
