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Shyp

LogisticsUSAClosed 2018

Total Raised

$62.1M

Peak Valuation

Undisclosed

Employees

Year Collapsed

2018

Business model

On-demand pickup, packing, and shipping service for consumers.

In brief

Offered an app where users could request pickup for any item and Shyp would pack and ship it for them. The labor-intensive, low-margin pickup model never scaled profitably in most cities, leading to a pivot to business shipping before shutting down entirely in 2018.

See the What Happened tab for the full account.

Key facts

Founded
2013
Closed
2018
Headquarters
San Francisco, USA
Industry
Logistics
Employees
Revenue
Undisclosed
Founders
Kevin Gibbon

Related failures

Often compared with: Shippo, ShipBob, Stamps.com.