Tech Company Financing Transactions
uShip Funding Round
DB Schenker and private investors participated in a $25 million Series D funding round for uShip. The round was announced by the company on 2/16/2017.
Transaction Overview
Company Name
Announced On
2/16/2017
Transaction Type
Venture Equity
Amount
$25,000,000
Round
Series D
Investors
DB Schenker (Lead Investor) (Jochen Thewes)
Proceeds Purpose
uShip plans to use the investment to accelerate development of its logistics software platform for key business segments, including high-volume enterprise shippers and small and midsize businesses (SMB) shipping less-than-truckload (LTL) freight.
Company Information
Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
1300 Guadalupe St. 206
Austin, TX 78701
USA
Austin, TX 78701
USA
Phone
Website
Email Address
Overview
uShip is building the next great consumer internet company. The company's mission is to create the most efficient marketplace for shipping that has ever existed. By reducing shipping costs, uShip relieves the pain that exists when buying and selling large items on eBay.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Financial Officer
Bob Bearden
Chief Technical Officer
Kris Lamb
Founder
Matt Chasen
VP - Operations
Heather Hoover
Browse more venture capital transactions:
Prev: 2/16/2017: IOVOX venture capital transaction
Next: 2/16/2017: Ozobot venture capital transaction
Share this article
Where The Data Comes From
We report on every notable VC transaction. VC investment data records reported here are derived from publicly available VC deal announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs