Shippeo Funding, Investors & Competitors

Shippeo has raised $139M across 7 funding rounds, most recently a $30M undisclosed-stage round in January 2025.

Last Shippeo funding round

$30M

Undisclosed stage · Jan 2025

Cumulative funding Shippeo raised

$139M

across 7 funding rounds

Key investors in Shippeo

  • Partech
  • NGP Capital
  • SAP.iO
  • Battery Ventures
  • ETF Partners
  • Bpifrance
  • Otium Capital
  • Yamaha Motor Ventures

Shippeo Overview

About Shippeo

Shippeo is a real-time transportation visibility platform operating across Europe. It delivers end-to-end tracking for road, rail, and multimodal shipments using GPS, telematics, and carrier APIs. Shippers gain predictive ETAs, anomaly alerts, and automated customer notifications. Founded in 2014 and headquartered in Paris, France, Shippeo serves clients like Leroy Merlin, Saint-Gobain, and Faurecia while integrating with over 600 carriers to monitor tens of thousands of deliveries monthly.


Founded

2014

HQ

FranceParis

Status

Privately held

Customer focus

B2B

Revenue model

Subscription

Shippeo Funding History

Shippeo has raised a total of $139M across 7 funding rounds.

Shippeo's first fundraising round was a $100K pre-seed round in February 2015. The most recent completed round was a $30M undisclosed-stage round in January 2025.

Shippeo funding rounds

Shippeo funding rounds
DateStageInvestorsRaisedDeal Summary
Jan 2025Undisclosed stageWoven Capital (lead); Shift4Good; Battery Ventures; Partech; Bpifrance Digital Venture; NGP Capital; Yamaha Motor Ventures; LFX Venture Partners; SAP.iO$30MShippeo is a Paris-based provider of real-time multimodal transportation visibility that helps global brands track shipments across all transport modes and manage supply chain operations. The company's platform is used by major clients including Amazon, Yamaha Motor North America, Fujifilm, Philip Morris International, and others across 150 countries, tracking over 90 million shipments annually. The platform offers features for real-time shipment tracking, risk management, sustainability insights, and carbon emissions reduction through data-driven carrier and mode selection. In January 2025, Shippeo announced a $30 million strategic funding round led by Woven Capital (Toyota's growth fund), with participation from existing investors Battery Ventures, Partech, NGP Capital, Bpifrance Digital Venture, LFX Venture Partners, Shift4Good, and Yamaha Motor Ventures, bringing total funding to over $140 million since the company's founding in 2014. The new capital will accelerate expansion across North America and Asia-Pacific regions while enhancing platform capabilities for risk management and sustainability. North America showed particularly strong momentum with a 40% increase in customers, 92% rise in shipments tracked, and 210% year-over-year revenue growth, while APAC demonstrated 53% customer growth and 64% shipment growth.
Oct 2022Series CBattery Ventures; Partech; ETF Partners; NGP Capital; Yamaha Motor Ventures; Bpifrance; LFX Venture Partners; SAP.iO$40MShippeo provides real-time multimodal transportation visibility, enabling shippers and logistics providers to build resilient, sustainable supply chains through Transport Process Automation, integrating with over 228,000 carriers and 1,100 TMS/telematics systems for accurate ETA predictions and exception management. The company tracks over 90 million shipments annually across 150 countries for customers like Ahold Delhaize, AkzoNobel, Barilla, Coca-Cola HBC, Heineken, Kuehne+Nagel, L’Oréal, LVMH, Renault Group, and Saint-Gobain. In October 2022, Shippeo raised a Series D round with investors including Battery Ventures, Bpifrance, ETF Partners, LFX Venture Partners, NGP Capital, Partech, SAP.iO, and Yamaha Motor Ventures. Shippeo has raised a total around $137-140M across multiple rounds, with later funding like a $30M Series D-II in January 2025 led by Woven Capital involving some overlapping investors. Later announcements note 210% YoY revenue growth in North America and 92% rise in shipments tracked, alongside expansions in US, APAC, and China. Shippeo has been recognized as a Leader in the 2024 Gartner Magic Quadrant for Real-Time Transportation Visibility Platforms and G2 reports, with high customer recommendation rates. The company emphasizes carbon footprint optimization, and risk management amid global supply chain disruptions.
Jan 2021Series CBattery Ventures (lead); Bpifrance (lead); ETF Partners (lead); NGP Capital (lead); Partech (lead); SAP.iO$32MShippeo is a real-time transportation visibility platform that provides shipment tracking across all transport modes, enabling companies to manage supply chain risks, reduce carbon emissions, and improve logistics efficiency through accurate ETAs and data-driven insights. The company serves global brands in over 150 countries, tracking tens of millions of shipments annually, with customers including Coca-Cola HBC, Carrefour, Renault Group, Schneider Electric, and others. It has been recognized as a leader in Gartner Magic Quadrant reports and maintains high customer recommendation rates. In January 2021, Shippeo raised funding from investors including Battery Ventures, Bpifrance, ETF Partners, NGP Capital, and Partech. Subsequent rounds include a $30 million strategic investment led by Woven Capital to support US and APAC expansion, contributing to total funding of approximately $135 million across multiple rounds. The company has shown strong growth, with later reports indicating 103% year-on-year subscription revenue growth, 181% net retention, 210% YoY revenue growth in North America, and 0% customer churn as of late 2021. Shippeo expanded its team to over 230 employees by end-2021 and enhanced its product portfolio with features like dock visibility, paperless visibility, and ocean visibility amid global supply chain disruptions. North American growth included 40% customer increase and 92% rise in tracked shipments, while APAC saw 53% customer growth and 64% shipment increase, supported by partnerships with e2open, Google, and SAP.
Feb 2020Series BETF Partners (lead); NGP Capital (lead); Partech; Bpifrance Digital Venture; Aerion Partners$22MShippeo is a provider of real-time multimodal transportation visibility, offering an AI-based platform that aggregates data from hundreds of sources to deliver predictive ETAs with 98% accuracy and automate transportation processes. Founded in 2014, by the time of its Series B round in 2020, Shippeo had scaled to serve over 50 large customers including Schneider Electric, Carrefour, Eckes-Granini, and Leroy Merlin across 40 countries, with a team of 80 employees in seven European offices. The $22 million Series B was co-led by NGP Capital and ETF Partners, with participation from Bpifrance Digital Ventures and Partech, who had backed the prior Series A. The funding supported Shippeo's ambition to become the global leader in a $6 billion supply chain visibility market, revolutionizing freight transport by reducing fragmentation among over 600,000 European road freight companies and enhancing real-time visibility for shippers and carriers. Over the year leading up to the round, Shippeo reported a 300% increase in turnover, underscoring its rapid growth as one of Europe's fastest-growing startups. Shippeo has continued raising capital in subsequent rounds, including a Series C in 2021 and multiple Series D extensions, reaching over $140 million in total funding by 2025, with a $30 million strategic round led by Woven Capital to fuel North American and APAC expansion. The platform now tracks over 90 million shipments annually for brands in 150 countries, with strong North American growth including 210% YoY revenue increase, partnerships with e2open, Google, and SAP, and recognition as a leader in Gartner reports.
Nov 2017Series AOtium Capital (lead); Partech (lead); SAP.iO$12MShippeo raised a €10 million Series A funding round on November 16, 2017, led by Partech Ventures and Otium Venture. This followed a prior €2 million seed round led by Otium Venture 18 months earlier. The company develops a supply chain visibility platform enabling large companies to track road transport flows in real-time. The funds supported international expansion in Europe and ongoing R&D investments. Shippeo helps manufacturers and retailers improve quality of service, customer satisfaction, and operational excellence through proactive delivery visibility and carrier productivity gains.
Mar 2016SeedOtium Capital (lead); Kerala Ventures; Le Studio VC$2M-
Feb 2015Pre-seedWILCO$100K-

Who has invested in Shippeo?

16 investors have backed Shippeo across its funding rounds, including Partech, NGP Capital, SAP.iO, Battery Ventures, ETF Partners and Bpifrance.

Lead investors include Woven Capital, Battery Ventures, Bpifrance, ETF Partners, NGP Capital and 2 other investors.


Shippeo Investors

Investors in Shippeo by funding rounds participated
InvestorHQRoundsRoleFirst check
PartechFranceParis5LeadNov 2017
NGP CapitalUnited StatesSan Francisco, CA4LeadFeb 2020
SAP.iOUnited StatesSan Francisco, CA4ParticipantNov 2017
Battery VenturesUnited StatesBoston, MA3LeadJan 2021
ETF PartnersUnited KingdomLondon3LeadFeb 2020
Bpifrance Digital VentureFranceParis2ParticipantFeb 2020
Otium CapitalFranceParis2LeadMar 2016
Yamaha Motor VenturesUnited StatesDetroit, MI2ParticipantOct 2022
BpifranceFranceParis2LeadJan 2021
LFX Venture PartnersUnited StatesLos Angeles, CA2ParticipantOct 2022
Shift4GoodFranceParis1ParticipantJan 2025
Kerala VenturesFranceParis1ParticipantMar 2016
Le Studio VCFranceParis1ParticipantMar 2016

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Acquisitions by Shippeo

Shippeo has acquired 1 company to date.

Last acquisition by Shippeo was on October 7th 2020. Shippeo acquired oPhone for undisclosed valuation.


Latest Acquisitions by Shippeo

oPhone
Description
oPhone is a Paris-based specialist in real-time transportation visibility platforms. The company offers tracking software for road freight, integrating GPS data, telematics, and EDI with carriers across Europe. oPhone serves logistics providers and shippers with dashboards for shipment monitoring, ETAs, and exception management, connecting to over 5,000 transport partners in France, Germany, and the Benelux region.
HQ CountryFrance
HQ City
Lyon
Deal Date7 Oct 2020
Valuationundisclosed
EV/Revenue
EV/EBITDA

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Shippeo Competitors

Shippeo competitors include listed companies like Full Truck Alliance, WiseTech Global, Zhuzhou CRRC Times and Descartes Systems Group, and private ones like Flexport and Kpler.

Public and private companies comparable to Shippeo
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
Full Truck AllianceChinaChinaPublicly listed$1.9B$676M$8.4B2.8x
FlexportUnited StatesSan Francisco, CAPrivate$471M-$8B-
WiseTech GlobalAustraliaAustraliaPublicly listed$779M$315M$7.6B6.8x
Zhuzhou CRRC TimesChinaChinaPublicly listed$4.3B$710M$7.5B1.8x
Descartes Systems GroupCanadaCanadaPublicly listed$729M$305M$6.8B8.1x
KplerBelgiumBrusselsPrivate$300M-$3.7B12.3x
Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Roper Technologies$7.9B$3.2B6.1x5.7x15.2x14.6x
Dassault Systemes$7.2B$2.2B4.0x4.0x13.2x11.2x
Manhattan Associates$1.1B$288M11.2x10.6x42.2x29.7x
Full Truck Alliance$1.9B$676M2.8x2.8x7.6x6.9x
WiseTech Global$779M$315M12.3x6.8x30.5x14.4x
Zhuzhou CRRC Times$4.3B$710M1.9x1.8x11.2x8.5x
Descartes Systems Group$729M$305M8.8x8.1x21.1x17.7x
WEX$2.7B$992M2.2x2.1x6.0x4.8x

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Common questions about Shippeo

When was Shippeo founded?Shippeo was founded in 2014.
Where is Shippeo headquartered?Shippeo is headquartered in Paris, France.
Is Shippeo publicly listed?No, Shippeo is a private, VC-backed company.
How much funding has Shippeo raised?Shippeo has raised $139M across 7 funding rounds.
What was Shippeo's last funding round?Shippeo's last funding round was a $30M undisclosed-stage round in January 2025, led by Woven Capital.
Who are Shippeo's investors?Shippeo's investors include Partech, NGP Capital, SAP.iO, Battery Ventures, ETF Partners, Bpifrance Digital Venture, Otium Capital, Yamaha Motor Ventures, Bpifrance, LFX Venture Partners and 6 others.
Which companies are comparable to Shippeo?Companies comparable to Shippeo include Full Truck Alliance, Flexport, WiseTech Global, Zhuzhou CRRC Times, Descartes Systems Group and Kpler.
How many companies has Shippeo acquired?Shippeo has acquired 1 company, including oPhone.

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