We are thrilled to announce that Shipsy has successfully raised $25,000,000 in our latest funding round, marking a pivotal moment in our journey to revolutionize global trade and logistics. At Shipsy, our mission is to empower businesses to create resilient, connected, agile, and sustainable supply chain operations through our smart logistics management platform. This significant investment will accelerate our efforts to help organizations drastically reduce transportation costs, lower their carbon footprint, and enhance overall customer experience while boosting delivery productivity and enabling seamless cross-border freight movement.
Since our inception, we have remained at the forefront of innovation in supply chain management. Our recent expansion in 2023, with the acquisition of Stockone—a leading cloud-based warehouse management software—further solidifies our commitment to facilitating efficient fulfillment operations for brands and e-commerce companies at scale. With Stockone now a key component of our portfolio, we are uniquely positioned to offer a comprehensive suite of logistics solutions that address the evolving needs of modern supply chains.
Our dedicated team of over 350 Shipsians across India, Dubai, Riyadh, Africa, the Netherlands, and Indonesia continues to drive our global success as we serve more than 230 customers worldwide. This infusion of capital will be strategically used to further enhance our technology, drive operational expansion, and deepen our commitment to innovation in the logistics industry. We are proud to stand beside our partners in making every delivery quicker, greener, and more profitable. The future is bright at Shipsy, and we are excited to lead the way toward a new era in smart, autonomous supply chain operations.
