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ShipTop Secures Seed Capital from Chicago to Enhance E-Commerce Logistics Platform, Bolster Market Reach

September 25, 2024 by Knowlton Thomas 1 Comment

A platform advancing e-commerce logistics this week announced a seed round of funding.

Vancouver-based ShipTop, founded in 2021, addresses the complex shipping and fulfillment challenges faced by multi-channel eCommerce merchants by offering scalable and efficient solutions.

“Since ShipTop’s inception, our mission has been to empower eCommerce merchants by providing advanced technology and exceptional customer service,” says founder Ash Jamshidpour, who serves ShipTop as chief executive officer.

The B.C. startup secured capital primarily from investors Dino Verbrugge and Jared Vegosen, co-founders of DV Trading Company, a Chicago-based proprietary trading firm.

“We’re delighted to have the support of Dino Verbrugge and Jared Vegosen, who share our vision of transforming and revolutionizing the traditional third-party logistics industry,” Jamshidpour stated.

ShipTop’s experts, leveraging state-of-the-art technology, handle e-commerce fulfillment needs so business owners can focus on other areas of operations.

“ShipTop is redefining logistics for e-commerce merchants,” posits Dino.

“The company’s innovative approach and rapid growth are impressive,” the investor added, “and we’re thrilled to support Ash and his team as they continue to scale and innovate.”

ShipTop intends to apply the influx of capital toward enhancing its technology and reaching a broader market of merchants, according to Jamshidpour.

More than 250 brands across Canada and the U.S. currently use ShipTop, which claims to have shipped more than 1.5 million products in the last 12 months with a 99.8% accuracy rate.

“Our comprehensive services include direct-to-consumer fulfillment, B2B distribution, and tailored freight solutions, empowering businesses of all sizes to thrive in the digital economy,” reads a statement from the firm’s website.

Filed Under: News Tagged With: ShipTop

 

About Knowlton Thomas

Knowlton Thomas is Editor-in-Chief of The Midway Advance and Senior Writer for Techcouver. Over more than a decade of journalism, he has penned thousands of articles and dozens of essays on technology, health, and culture across a variety of publications.

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  1. Dario says

    September 25, 2024 at 10:04 am

    Thanks for sharing.

    Reply

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