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
Deliv
2012–2020Logistics · USA
Ran out of funding$100MBufferBox
2011–2014Logistics · Canada
Ran out of fundingUndisclosedCubyn
2014–2024Logistics · France
Ran out of fundingUndisclosedArgo AI
2016–2022Autonomous Vehicles · USA
Ran out of funding$3.60BBird
2017–2023Mobility · USA
Ran out of funding$1BConvoy
2015–2023Logistics / Freight · USA
Ran out of funding$1B
Often compared with: Shippo, ShipBob, Stamps.com.