Logistics Platform Shipper Raised Series A Funding

1 month ago . 1 min read
MP
Marella Putri
Writer at Forbes Indonesia
Logistics Platform Shipper Raised Series A Funding
Cofounders of Shipper, from left: Phil Opamuratawongse (CEO) and Budi Handoko (COO). Photo courtesy of Shipper.

Logistics platform Shipper announced that it has raised an undisclosed amount of series A funding. The round was led by Prosus Ventures, or formerly known as Naspers Ventures, and was participated by Shipper’s existing investors including Lightspeed Venture Partners, Floodgate, Y Combinator, Insignia Ventures Partners, and AC Ventures.

The startup offers a one-stop logistics solution in Indonesia, where the number of ecommerce sellers is growing rapidly with various logistics providers. Shipper makes the logistics experience simple so customers can fully focus on their business. It picks up packages directly from customers, provides fulfillment centers and warehouses spread across the country, connects customers with shipping partners most suitable to their needs, and keeps the delivery progress on track.

“With this investment Shipper will continue to grow, and our priority now is to recruit exceptional talent to join us in building strong data and tech capabilities to structure the unstructured world of fulfillment and shipping,” said Budi Handoko, cofounder and COO of Shipper.

The fund will be used to continue expanding Shipper’s technology-enabled solutions, which help customers to find the best shipping partner by eliminating the hassle of cost comparison, orders and tracking, insurance, and more.

Shipper was launched in 2017 by Budi Handoko and Phil Opamuratawongse, who are COO and CEO respectively. Currently Shipper has warehouse and fulfillment centers in 30 locations in Indonesia with plans to reach more cities in Indonesia, and works with over 100 express couriers. In September 2019, the startup raised $5 million seed funding which was used for hiring and customer acquisition.

MP
Written By
Marella Putri
Writer at Forbes Indonesia
Topics
Technology