The global shipping industry includes 13 unicorn startups. These companies use technology to make shipping goods easier and faster.

Flexport leads the group with an $8 billion valuation. Germany-based Forto is another key company with a valuation of $2.1 billion.

Below is the full list of 13 Shipping unicorn startups at this time.

Top 10 Most Valuable Shipping Unicorns

Flexport built a full-service logistics platform that uses modern software to fix the user experience in global trade. Their technology gives companies a single dashboard to manage freight, customs, and shipping, bringing much-needed transparency to complex supply chains.

Valuation$8B (Joined April 2018)
HeadquartersSan Francisco, California, United States
Year Founded2013
FoundersDavid Petersen, Ryan Petersen
Funding Amount$2.7B
Company SizeMajor Organization (1,001-5,000)
Last Funding StatusVenture Round
Top InvestorsBoxGroup, Founders Fund, FPV Ventures, Y Combinator, Andreessen Horowitz

Forto built a digital platform for freight forwarding that gives companies control over their global supply chains. Their technology streamlines the entire shipping process, from booking and document management to real-time tracking of shipments.

Valuation$2.1B (Joined June 2021)
HeadquartersBerlin, Berlin, Germany
Year Founded2016
FoundersErik Muttersbach, Fabian Heilemann, Ferry Heilemann, Michael Wax
Funding Amount$593.4M
Company SizeLarge Team (251-1,000)
Last Funding StatusSeries D
Top InvestorsG Squared, Global Founders Capital, Northzone, Cherry Ventures, IRIS

Veho built a technology platform to manage delivery and returns for e-commerce brands. Their service focuses on the last-mile experience, giving customers next-day delivery options, real-time communication, and the ability to reschedule shipments.

Valuation$2B (Joined December 2021)
HeadquartersBoulder, Colorado, United States
Year Founded2016
FoundersFrederick Cook, Itamar Zur, Lukas Keindl, Matt Graham
Funding Amount$299.2M
Company SizeLarge Team (251-1,000)
Last Funding StatusSeries B
Top InvestorsGeneral Catalyst, Bling Capital, Industry Ventures, Plug and Play, Techstars

Wellong Etown offers a digital freight matching service for global shipments by land and sea. Their platform helps shippers find cost-effective transport while enabling carriers to secure profitable loads.

Valuation$2B
HeadquartersNanjing, Jiangsu, China
Year Founded2007
Founders
Funding Amount—0
Company SizeLarge Team (251-1,000)
Last Funding StatusVenture Round
Top InvestorsCCB International

Route builds a post-purchase experience platform for e-commerce brands to turn one-time buyers into repeat customers. Their software provides visual package tracking, shipping protection, and seamless claims resolution for online shoppers.

Valuation$1.4B (Joined January 2022)
HeadquartersLehi, Utah, United States
Year Founded2018
FoundersMike Moreno
Funding Amount$288.5M
Company SizeMid-Size Team (51-250)
Last Funding StatusSeries C
Top InvestorsAlbum VC, Craft Ventures, Riot Ventures, Goldcrest Capital, Madrona

Flock Freight runs a technology-driven freight brokerage that pools shipments into shared truckloads. Their platform offers a more efficient and reliable alternative to traditional less-than-truckload (LTL) shipping, reducing transit times and the potential for damage.

Valuation$1.3B (Joined October 2021)
HeadquartersEncinitas, California, United States
Year Founded2015
FoundersOren Zaslansky
Funding Amount$459M
Company SizeLarge Team (251-1,000)
Last Funding StatusSeries E
Top InvestorsAlphabet, Foundation Capital, SignalFire, GV, Bracket Capital

Shiprocket provides a comprehensive logistics platform designed to simplify shipping for direct-to-consumer e-commerce brands. They use an AI-powered recommendation engine to help businesses select the most cost-effective courier service and automate their shipping operations.

Valuation$1.21B (Joined August 2022)
HeadquartersNew Delhi, Delhi, India
Year Founded2017
FoundersAkshay Ghulati, Gautam Kapoor, Saahil Goel, Vishesh Khurana
Funding Amount$424.6M
Company SizeLarge Team (251-1,000)
Last Funding StatusSeries E
Top InvestorsLightrock, Gaingels, Temasek Holdings, Tribe Capital, 500 Global

Sennder operates a digital freight-forwarding platform that connects large commercial shippers with small freight carriers. They focus on digitizing the European road logistics market, making full truckload shipping more efficient and transparent.

Valuation$1.1B (Joined January 2021)
HeadquartersBerlin, Berlin, Germany
Year Founded2015
FoundersDavid Nothacker, Julius Koehler, Nicolaus Schefenacker
Funding Amount$340M
Company SizeMajor Organization (1,001-5,000)
Last Funding StatusSeries D
Top InvestorsDynamo, Lakestar, HV Capital, Earlybird Venture Capital, Accel

Printful runs a print-on-demand dropshipping platform that helps people turn their ideas into brands and products. They are best known for handling the entire fulfillment process, from printing and packaging to shipping goods directly to the final customer.

Valuation$1B (Joined May 2021)
HeadquartersCharlotte, North Carolina, United States
Year Founded2013
FoundersDavis Siksnans, Lauris Liberts
Funding Amount$130M
Company SizeMajor Organization (1,001-5,000)
Last Funding StatusPrivate Equity
Top InvestorsBregal Sagemount

ShipBob operates a global logistics platform that gives direct-to-consumer brands the tools for e-commerce order fulfillment. They combine fulfillment center services with software to help businesses automate their shipping and supply chain operations.

Valuation$1B (Joined June 2021)
HeadquartersChicago, Illinois, United States
Year Founded2014
FoundersDhruv Saxena, Divey Gulati, George Wojciechowski, Jivko Bojinov
Funding Amount$330.5M
Company SizeLarge Team (251-1,000)
Last Funding StatusSeries E
Top InvestorsWefunder, Menlo Ventures, Y Combinator, FJ Labs, Bain Capital Ventures

The Remaining 3 Shipping Unicorns

The ten most valuable unicorns are only a fraction of the story in global shipping. The next wave of companies is truly international, with founders in India, China, and Sweden raising nearly $900 million together.

These startups are solving key problems in a complex industry, from freight forwarding to last-mile delivery. Here’s a look at the other shipping companies that have reached a billion-dollar valuation.

Unicorn StartupCountryYear FoundedAmount RaisedValuation
Rivigo logo RivigoIndia2014$287M$1B
Instabox logo InstaboxSweden2015$336.6M$1B
YunQuNa logo YunQuNaChina2005$256.8M$1B