Tech Company Financing Transactions

Shipt Funding Round

Shipt, based in San Francisco, raised $20 million from e.ventures, Greycroft Partners and Harbert Venture Partners.

Transaction Overview

Company Name
Announced On
7/28/2016
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Series A
Investors

e.ventures (Tom Gieselmann)

Greycroft Partners (Ian Sigalow)

Harbert Venture Partners (Bob Crutchfield)

Proceeds Purpose
Shipt will use the funds to continue to scale its business to new markets, develop additional partnerships with leading grocery retailers and invest in its team. The company plans to add alcohol delivery to its platform later this year.

Company Information

Company Status
Acquired or Merged
Industry
Consumer
Mailing Address
164 Townsend St. 5
San Francisco, CA 94107
USA
Email Address
Overview
Through a user-friendly app and a local network of reliable shoppers, Shipt connects members to fresh groceries and everyday essentials. Saving time, fuel and headspace, next-hour, same day grocery delivery is quickly becoming an everyday necessity for people looking for an extra few hours and intentional food choices.
Profile
Shipt LinkedIn Company Profile
Social Media
Shipt Company Twitter Account
Company News
Shipt News
Facebook
Shipt on Facebook
YouTube
Shipt on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Bill Smith
  Bill Smith LinkedIn Profile  Bill Smith Twitter Account  Bill Smith News  Bill Smith on Facebook


 

 

Browse more venture capital transactions:

Prev: 7/28/2016: EverFi venture capital transaction
Next: 7/28/2016: Powerlinx venture capital transaction

 

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We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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