Fundraising Fox
Shipt
Birmingham, US · Founded 2014 · Delaware corporation · 6,498 employees on LinkedIn · 8 known investors
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Shipt operates a same-day delivery platform that connects consumers with personal shoppers who fulfill orders from retailers including Target, Lowe's, CVS, and regional grocers. It is a wholly-owned subsidiary of Target and offers grocery, pet, hardware, and beauty delivery, including as a perk of the Target Circle 360 membership.
Founders & leadership
Shipt was founded in 2014 by BILL I. SMITH.
Board
Investors · 8
How we know: Gray Ventures's portfolio page · Not right? Tell us
How we know: Greycroft's portfolio page · board seat on SEC Form D · offering press articles · the VCSheet dataset · Not right? Tell us
How we know: Headline's portfolio page · Not right? Tell us
How we know: Headline Growth Management, LLC's portfolio page · Not right? Tell us
How we know: offering press articles · funding news · Not right? Tell us
Reported raises · per SEC filings
Form D private placements$52.7M disclosed across 4 rounds · 2016–2017
▶$31.9MraisedJun 2017 · 16 investors · Other TechnologyRule 506(b)
- William E. SaundersDirector
- Steven StreitDirector
- Noreen BerginExecutive Officer
- Ian SigalowDirector
- Bill I. SmithExecutive Officer
- Jeffrey L. SmithDirector
- Offering amount
- $40M
- Amount sold
- $31.9M
- Minimum investment
- $1
- Proceeds to insiders
- $1.9M
- First sale
- Jun 2017
- Incorporated
- Corporation, Delaware, 2016
- Federal exemptions
- 06b
▶$150.8KraisedMay 2017 · Other TechnologyRule 506(b)
- Robert L. CrutchfieldDirector
- Jeffrey L. SmithDirector
- Bill I. SmithExecutive Officer, Director
- Noreen BerginExecutive Officer
- Steven StreitDirector
- William E. SaundersDirector
- Offering amount
- $150.8K
- Amount sold
- $150.8K
- First sale
- Apr 2017
- Incorporated
- Corporation, Delaware, 2016
- Federal exemptions
- 06b
▶$496.2KraisedMar 2017 · Other TechnologyRule 506(b)
- Noreen BerginExecutive Officer
- William E. SaundersDirector
- Steven StreitDirector
- Robert L. CrutchfieldDirector
- Bill I. SmithExecutive Officer, Director
- Jeffrey L. SmithDirector
- Offering amount
- $496.2K
- Amount sold
- $496.2K
- First sale
- Mar 2017
- Incorporated
- Corporation, Delaware, 2016
- Federal exemptions
- 06b
▶$20.1MraisedJul 2016 · 8 investors · Other TechnologyRule 506(b)
- ROBERT L. CRUTCHFIELDDirector
- BILL I. SMITHExecutive Officer, Director
- STEVEN STREITDirector
- WILLIAM E. SAUNDERSDirector
- JEFFREY L. SMITHDirector
- Offering amount
- $20.1M
- Amount sold
- $20.1M
- First sale
- Jun 2016
- Incorporated
- Corporation, Delaware, 2014
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Founder mafia
5 people who came through Shipt went on to found or lead other companies.
Related companies · 5
Companies working in the same space as Shipt.
In the news
Frequently asked questions
- What does Shipt do?
- Shipt operates a same-day delivery platform that connects consumers with personal shoppers who fulfill orders from retailers including Target, Lowe's, CVS, and regional grocers. It is a wholly-owned subsidiary of Target and offers grocery, pet, hardware, and beauty delivery, including as a perk of the Target Circle 360 membership.
- Who founded Shipt?
- Shipt was founded by BILL I. SMITH in 2014.
- Who are Shipt's investors?
- Shipt's investors include FUSE, Gray Ventures, Greycroft, Headline, Headline Growth Management, LLC, SWS Venture Capital, Greycroft Partners, Harbert Partners.
- How much funding has Shipt raised?
- Shipt has disclosed $52.7M raised across 4 rounds.
- Where is Shipt headquartered?
- Shipt is headquartered in Birmingham, US.