Shipday has secured $7 million in Series A funding in a round co-led by ECP Growth and Ibex Investors Mobility VC, positioning the global delivery and logistics technology provider for accelerated expansion of its AI-driven solutions for small and medium-sized businesses. The financing also included participation from B Capital and Supply Chain Ventures, bringing Shipday’s total funding to more than $10 million following its 2023 seed round.
Headquartered in Menlo Park, Shipday provides delivery management technology designed for restaurants, bakeries, florists, grocers, and other local retailers that rely on direct delivery to reach customers. The platform enables merchants to increase profitability while improving customer loyalty, with availability in over 100 countries and support for 30 languages. More than 5,000 businesses worldwide now use Shipday’s platform.
The new capital will support the expansion of Shipday’s product portfolio, including investments in advanced features, integrations, and a broader global reach. A significant focus will be the continued development of AgentFlow, the company’s AI-powered automation engine that operates as a self-driving operating system for last-mile logistics. AgentFlow uses intelligent agents to automate tasks such as dispatching, customer support, and marketing, enabling small businesses to run more efficiently and scale operations with fewer resources.
ECP Growth and Ibex Investors Mobility VC said they were drawn to Shipday’s ability to meet the rapidly evolving demands of SMBs competing in an increasingly digital, logistics-intensive marketplace. The company’s platform has also shown traction among larger franchise brands that require flexible, scalable delivery infrastructure.
Shipday plans to use the Series A investment to strengthen its global presence and accelerate rollout of next-generation tools that enhance delivery automation and customer engagement. With demand for efficient last-mile solutions continuing to rise worldwide, the company aims to position itself as a leading provider of accessible logistics technology for businesses of all sizes.
KEY QUOTES
“This milestone marks a pivotal moment for Shipday as we continue to scale our platform to meet the growing needs of SMBs navigating complex delivery logistics. We’re thrilled to partner with ECP Growth and Ibex, who understand the operational challenges many SMBs face and share our vision for scalable, intuitive logistics technology. Their strategic guidance and deep sector expertise will help us accelerate innovation and reach more customers globally.”
Moin Islam, Co-Founder and CEO at Shipday
“In an increasingly digital-driven marketplace, Shipday’s mission of empowering SMBs to reach more customers though scalable logistics solutions resonated deeply with ECP’s investment approach. Shipday’s AI-enabled platform is purpose-built to drive efficiency, mobility, and resource efficiency and to create sustainable value for businesses as they scale. We’re excited to co-lead this investment alongside Ibex, and we look forward to working closely with the Shipday team to expand the platform’s impact.”
Jeff Emmons, Director at ECP Growth
“Shipday is equipping SMBs with the necessary tools to compete and win in the last-mile delivery space that has seen explosive growth and high consumer expectations. We’re proud to partner with the company and ECP Growth to co-lead the Series A. We look forward to supporting Shipday as it accelerates its growth and redefines what is possible for last-mile logistics.”
Jeff Peters, Partner at Ibex Investors and Head of Mobility VC
