Shipt, founded in 2014, stands as a significant player in the E-Commerce, Food and Beverage, and Logistics and Delivery sectors. With its headquarters in the United States and an additional office in San Francisco, Shipt uses a dedicated community of shoppers to deliver a personal shopping and delivery experience. Its operations extend to 80% of households in over 5,000 U.S. cities.
By fostering a "culture of belonging" in line with their slogan, Shipt ensures its shoppers exceed expectations through real-time communications regarding preferences and substitutions. The platform offers a curated marketplace with access to a wide array of stores and products, positioning itself uniquely as an independently operated subsidiary of Target Corp.
The last significant financial move was a $40.00M Series B investment received on 05 June 2017 from investors such as Headline, Greycroft, and Harbert Venture Partners. Their backing emphasizes confidence in Shipt's innovative approach and growth potential.