Shipt

Acquired

Same-day delivery from your favorite stores

Birmingham, United States · Founded 2014 · $60.1M raised

Employees
1001–5000
Founded
2014
Business Model
Marketplace
Website
shipt.com
Total Funding
$60.1M
Last Round
$40.0M Series BJun 2017
Rounds
2
Acquired by
TargetDec 2017 · $550.0M

About

Shipt is a same-day delivery marketplace founded in 2014 by Bill Smith in Birmingham, Alabama. The platform connects members with personal shoppers who fulfill and deliver orders from retailers including Target, Costco, CVS, Kroger, Publix, and dozens of others. Shipt soft-launched in Birmingham in November 2014, expanded to 27 metro areas by 2016, and raised $20 million in Series A funding from Greycroft Partners before being acquired by Target Corporation for $550 million in December 2017. Today it operates as an independent subsidiary of Target with over 300,000 contracted shoppers nationwide.

Summary

Shipt is an E-Commerce company based in Birmingham, United States, founded in 2014. It has raised $60.1M in total across 2 rounds, most recently a $40.0M Series B round in Jun 2017. Investors include Greycroft.

Tech & App Stack

3 technologies & apps tracked

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Funding History

AcquisitionAcquisition by TargetDec 2017

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Series A through Acquisition — per-round amounts, valuations, and who invested in each round.

Investors

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