uShip Overview
- Year Founded
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2001
- Status
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Private
- Employees
-
130
- Latest Deal Type
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Later Stage VC
- Investors
-
4
uShip General Information
Description
Operator of an online shipping marketplace designed to connect shippers with transportation providers. The company's platform offers a competitive bidding environment for furniture, vehicles, and freight, enabling individuals and businesses to access discounted shipping rates by utilizing excess carrier capacity.
Contact Information
Website
www.uship.comCorporate Office
- PO Box 969
- Austin, TX 78767
- United States
Corporate Office
- PO Box 969
- Austin, TX 78767
- United States
uShip Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 9. Later Stage VC | 01-Jul-2026 | Completed | Generating Revenue | |||
| 8. Secondary Transaction - Private | 01-Feb-2026 | Completed | Generating Revenue | |||
| 7. Debt - PPP | 15-Apr-2020 | Completed | Generating Revenue | |||
| 6. Later Stage VC (Series D) | 15-Feb-2017 | Completed | Generating Revenue | |||
| 5. Later Stage VC | 06-Mar-2013 | Completed | Generating Revenue | |||
| 4. Later Stage VC (Series C) | 19-Dec-2012 | Completed | Generating Revenue | |||
| 3. Later Stage VC (Series B) | 01-Feb-2011 | Completed | Generating Revenue | |||
| 2. Later Stage VC | 05-Oct-2006 | $5.1M | $7.83M | Completed | Startup | |
| 1. Early Stage VC (Series A) | 24-Jun-2005 | $2.73M | $2.73M | Completed | Startup |
uShip Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate ($) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series D | ||||||||
| Series C | ||||||||
| Series B | 4,499,079 | $0.001000 | $0.13 | $1.58 | $1.58 | 1x | $1.58 | 11.05% |
| Series A | 10,277,946 | $0.001000 | $0.02 | $0.27 | $0.27 | 1x | $0.27 | 25.25% |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
uShip Comparisons
Industry
Financing
Details
uShip Competitors (27)
One of uShip’s 27 competitors is PostBidShip, a Venture Capital-Backed company based in Tulsa, OK.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| PostBidShip | Venture Capital-Backed | Tulsa, OK | ||||
| Cargomatic | Formerly VC-backed | Long Beach, CA | ||||
| Stord | Venture Capital-Backed | Atlanta, GA | ||||
| Uber Freight | Venture Capital-Backed | Chicago, IL | ||||
| Shipwire | Formerly VC-backed | Campbell, CA |
uShip Patents
uShip Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20070192111-A1 | Peer-to-peer network method and system for shipment delivery transactions | Inactive | 12-Sep-2003 | ||
| AU-2433995-A | Improved system for mailing and collecting items | Inactive | 29-Apr-1994 | ||
| EP-0758444-A4 | Improved system for mailing and collecting items | Active | 29-Apr-1994 | ||
| WO-1995030132-A1 | Improved system for mailing and collecting items | Inactive | 29-Apr-1994 | ||
| EP-0579717-B1 | System and method for mailing and collecting items | Inactive | 10-Apr-1991 | G07F17/0014 |
uShip Signals
uShip Investors (4)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Corner Capital Management | Venture Capital | Minority | ||
| Realization Capital Partners | PE/Buyout | Minority | ||
| DB Schenker | Corporation | Minority | ||
| Silverton Partners | Venture Capital | Minority |
uShip Investments (1)
uShip’s most recent deal was a Buyout/LBO with Boxby. The deal was made on 22-Jun-2010.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Boxby | 22-Jun-2010 | Buyout/LBO | Logistics |
uShip FAQs
-
When was uShip founded?
uShip was founded in 2001.
-
Where is uShip headquartered?
uShip is headquartered in Austin, TX.
-
What is the size of uShip?
uShip has 130 total employees.
-
What industry is uShip in?
uShip’s primary industry is Logistics.
-
Is uShip a private or public company?
uShip is a Private company.
-
What is uShip’s current revenue?
The current revenue for uShip is .
-
How much funding has uShip raised over time?
uShip has raised $54.5M.
-
Who are uShip’s investors?
Corner Capital Management, Realization Capital Partners, DB Schenker, and Silverton Partners have invested in uShip.
-
Who are uShip’s competitors?
PostBidShip, Cargomatic, Stord, Uber Freight, and Shipwire are some of the 27 competitors of uShip.
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