Startup · $96.6m raised
Shipping and delivery logistics platform
Sydney, NSW
Every investor coverage indicates participated in a round Shippit raised.
| Investor | Rounds | Invested |
|---|---|---|
| Mike Ford | Series B | - |
| Perennial Private Investments | Series B | - |
| SecondQuarter | Series B | - |
| SecondQuarter Ventures | Series B | - |
| Tidal | Series B | - |
| Tidal Ventures | Series B | - |
| Aura Group | Series A | - |
| Tiger Global | Series B · Series B | - |
Investors whose own portfolio pages list Shippit, even though we haven't found any coverage of the round yet.
Every published round Shippit took part in, and every parcel of existing shares it bought off another holder. Deals we hold but haven't published yet are not counted.
Companies Shippit has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| No portfolio companies recorded yet. | ||||
Fund closes reported for Shippit, as distinct from the investments it has made.
Companies Shippit has backed that another company then bought. An exit for the holding, not a deal Shippit did.
| Company | Bought by | Kind | Announced | Price |
|---|---|---|---|---|
| No portfolio company of Shippit is recorded as having been acquired. | ||||
Companies Shippit acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
| Company | Kind | Announced | Price | Sources |
|---|---|---|---|---|
| Premonition | Acquisition | 22 Mar 2022 | $20.5m | Startup Daily, Techboard, SmartCompany |
| Name | Role | Sources |
|---|---|---|
| Dimity Kemp | Square Peg Capital (22 Jan 2024), Square Peg Capital (22 Jan 2024) | |
| Rob Hango-Zada | Co-founder and Joint-CEO | Aura Group, SmartCompany, anthillonline.com, postandparcel.info |
| Will On | co-CEO · Founder | retailbiz.com.au, SmartCompany (4 May 2022), SmartCompany (4 May 2022), Startup Daily |
| William On | joint-CEO · Founder | SmartCompany, anthillonline.com, postandparcel.info |
Stories naming Shippit. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Startup Daily profiles the thirteen startups joining Startmate's Winter '25 cohort, covering healthcare AI, agent tooling, recruitment tech, retail promotions, sexual health, water leak detection, VR haptics and ADHD robotics.
Weekly roundup detailing new capital for Australian startups Diraq, BrainFish, RecycleSmart, Cohabit and Five Faces, alongside Alumly's undisclosed multimillion-dollar backing from UK investor Mauve Group.
Also Startup Daily
Shippit has reportedly tripled in value after raising a $65 million round led by Tiger Global and Tidal, per the title of this SecondQuarter post.
Also Startup Daily·SmartCompany·alkye.com·SmartCompany·Dynamic Business·Startup Daily·retailbiz.com.au
Aura Group's promotional piece showcases portfolio company Shippit's capital-efficient logistics growth and announces that Aura Venture Fund III is opening to investors; no amounts, closings or new company raises are stated.
Ex-Shippit logistics executive Dominic Culbert has taken a growth role at Dyspach, a young Sydney company using AI to automate freight sales; co-founder Amit Kumar earlier sold his Addverb stake to Reliance.
Weekly roundup covering five Australian startups' raises: an insurtech Series E, a digital ID Series A, medtech and proptech funding, and a recycling platform's equity crowdfunding campaign.
Tidal Ventures managing partner Grant McCarthy and Guy Kawasaki compare notes on luck, timing, founder qualities, early-stage mistakes, AI adoption and pitching, drawing on careers spanning Apple, Canva, Yahoo and Tidal.
Aura's column traces family offices' rise into major capital players, their philanthropy and succession challenges, and notes the closure of its Shippit co-investment vehicle plus Dan Annan's appointment as Distribution Director.
Square Peg's latest letter to investors reviews 2023 performance, recalls early bets on Canva and Airwallex, and introduces three hires across fundraising, public-markets investing, and people functions.
Square Peg's half-year letter to investors reviews 2023: fewer new bets, portfolio revenue milestones led by Canva, an AI investment thesis, conditions in Israel, and three new hires.
Tidal Ventures reflects on leading Flagship's seed round, describing retail market tailwinds, the visual merchandising product, founder Simon Molnar's background, and its earlier investments in Shippit, Search.io, Carted and Drive Yello.
Venture firm EVP has wrapped up the final close of its fourth fund at its $100m target, lifting total assets managed past $270m; recent raises by portfolio companies Hnry and Zipline are also noted.
Secondaries fund SecondQuarter has reached an $83m first close on its second vehicle, aiming past $100m, with founder-angels and Minderoo among new backers; its portfolio includes past sales of ActivePipe and A Cloud Guru.
Also Techboard
Reports that a fund backed by government and major banks has taken a minority stake in a parcel pick-up network, profiling its patient investment model and recalling an earlier cheque to a clean-energy maker.
Also Startup Daily
Weekly tech wrap: cloud-market trends, Tiger Global's cheques into Stake, Shippit and Carma, new VC funds, several acquisitions, grocery delivery startups Send and Quicko collapsing, and Elaine Stead joining M8 Ventures.
Also Startup Daily
A Cloud Guru co-founder Sam Kroonenburg joins SecondQuarter Ventures as venture partner as it closes $100 million for fund two; the piece also recalls A Cloud Guru's sale to Pluralsight and Moxiwork buying ActivePipe.
Also Techboard·Startup Daily
A weekly roundup reporting Shippit's $65 million Series B2, several startup raises, Chrysos Corp's ASX listing, and Shopify's acquisition of Deliverr.
Also Startup Daily·Techboard
OneVentures adds three women to senior investment and marketing roles as the Australian venture firm pushes growth in healthcare, biotech and women's health, alongside a Victorian Government-backed venture credit fund.
OneVentures has appointed three women to senior roles as it expands healthcare and biotech investing, with the Victorian Government backing a venture credit fund and the firm winning a diversity award.
Techboard's March 2022 roundup of Australian funding: megadeals by Immutable, Saluda Medical, Linktree and Zeller, many smaller raises, acquisitions, an IPO, several fund closes, and companies still seeking capital.
Also Australian FinTech
Shippit, a Sydney logistics software provider, has bought last-mile technology firm Premonition for A$20.5 million; the piece also recalls Shippit's 2020 Series B and notes another raise in progress.
Aura's venture arm has closed a $10 million special-purpose vehicle set up to co-invest in Shippit's planned Series B2 round, with support from existing and new institutional limited partners.
Rokt's Series E tops a week of Australian raises including Dovetail, Inventia, DiviPay, Atomi, 6clicks, Replica Studios and ProForm Foods, with SimPro's recent raise noted.
Tiger Global led a US$16.5m secondary funding round in construction software firm Assignar, co-led by SecondQuarter Ventures, with Fifth Wall and HighSage taking part; past backers and a $20m Series B are recalled.
Shipping platform Shippit took a AU$2.2 million Series A led by Aura Group, with Addventure Fund and RTL Group participating, turning down a larger oversubscribed offer to bankroll Asia-Pacific expansion and hiring.
Also Startup Daily
Sydney logistics software firm Shippit has secured US$1.6 million in fresh backing, with Aura Group leading the round; the money is earmarked for new staff and international growth.
Also Tech in Asia