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Shipt is a provider of an online application for grocery delivery. The company offers a mobile application which helps users to shop their grocery online and get them delivered at the same time.

Shipt membership enables customers to place orders for products from local retailers such as ABC Fine Wine & Spirits, Costco,, Harris Teeter, H-E-B, Kroger, Meijer, Publix, Target, Whole Foods, and Winn-Dixie. Customer orders are shopped and delivered by a fleet of more than 50,000 Shipt Shoppers across the country.

 Shipt was founded in 2014 & is based in Birmingham, Alabama with an additional office in San Francisco, Calirofnia.

Shipt works with vetted shoppers who are able to set their own schedules and are constantly aiming to improve member experiences through a newly developed rating system. Their service is available in over 170 cities and counting.

Shipt is backed by top-tier investors including Greycroft & e.ventures.

 

Shipt was acquired by Target on Dec 13, 2017 for $550M.

 

 

  • Year founded: 2014
  • Funding Info: $65.2M in 3 funding rounds (Last funding type: Series B)- Shipt was acquired by Target on Dec 13, 2017 for $550M.
  • Yearly Revenue: $50M-$100M (2018)
  • Employee Size: 1000-2000
  • Business Valuation: Shipt was acquired by Target on Dec 13, 2017 for $550M.
  • City/Town: Birmingham
  • State: Alabama
  • Country: United States
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