Tech Company Financing Transactions

Shyp Funding Round

Kleiner Perkins Caufield & Byers, Homebrew Ventures and private investors invested in a $50 million Series B funding round for Shyp. The financing round closed on 4/21/2015.

Transaction Overview

Company Name

Shyp

Announced On

4/21/2015

Transaction Type

Venture Equity

Amount

$50,000,000

Round

Series B

Investors

Kleiner Perkins Caufield & Byers (Lead Investor) (John Doerr)

Homebrew Ventures

private investors (Jennifer Hyman)

private investors (Kevin Rose)

Sherpa Capital

Proceeds Purpose

The new capital will fuel Shyp's continued growth as we expand the Shyp team, further develop our product and feature suite to solve new pain points (like we did with Shyp Returns) and expand nationally.

Company Information

Company Status

Out of Business

Industry

Mobile

Mailing Address

1730 Waller Street
San Francisco, CA 94117
USA

Phone

(650) 752-3100

Website

www.shyp.com

Email Address

[email protected]

Overview

A Shyp Hero (driver) arrives at your home or office, safely takes your unpackaged item(s), professionally packages it off-site, and sends it on its way. You only pay the cost of the shipping (no more than Post Office prices) plus a $5 pickup fee. If you send 2 or more items, we waive the pickup fee entirely.

Profile

Social Media

Company News

Facebook

YouTube

Management Team

Title

Name

Email & Social

Chief Executive Officer

Kevin Gibbon

Co-Founder

Joshua Scott

Co-Founder

Jack Smith

Browse more venture capital transactions:

Prev: 4/20/2015: Freshdesk venture capital transaction
Next: 4/21/2015: Akonni Biosystems venture capital transaction

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Where The Data Comes From

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

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