Shipt Revenue and Competitors
Estimated Revenue & Valuation
- Shipt's estimated annual revenue is currently $875.9M per year.
- Shipt received $40.0M in venture funding in June 2017.
- Shipt's estimated revenue per employee is $122,888
- Shipt's total funding is $65.2M.
Employee Data
- Shipt has 7128 Employees.
- Shipt grew their employee count by 3% last year.
Shipt Competitors & AlternativesAdd Company
| Competitor Name | Revenue | Number of Employees | Employee Growth | Total Funding | Valuation |
|---|---|---|---|---|---|
#1 | $1802.6M | 19412 | 9% | $2.9B | $39B |
#2 | $4560M | 45985 | 12% | $2.5B | $45.1B |
#3 | $1458.5M | 4493 | 2% | $3.4B | $15B |
#4 | $580.3M | 1503 | 33% | $280M | N/A |
#5 | $1207.8M | 6162 | N/A | $2.2B | $5.3B |
#6 | $6.7M | 31 | N/A | N/A | N/A |
#7 | $3.5M | 108 | N/A | N/A | N/A |
#8 | $1.6M | 23 | -15% | $7.1M | N/A |
#9 | $0.5M | 7 | N/A | N/A | N/A |
#10 | $1M | 11 | N/A | N/A | N/A |
#11 | $2.6M | 16 | N/A | N/A | N/A |
What Is Shipt?
Shipt launched in the summer of 2014 in the heart of the Magic City, Birmingham, AL. Founded on the mission of simplifying lives, Shipt serves members, shoppers, and communities by offering convenience and freedom. Through a user-friendly app and a local network of reliable shoppers, Shipt connects members to fresh groceries and everyday essentials. Saving time, fuel and headspace, next-hour, same day grocery delivery is quickly becoming an everyday necessity for people looking for an extra few hours and intentional food choices. Now in over 170 cities and counting, 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. By partnering with retailers in each city, shoppers are able to move efficiently through stores. Befriending store employees and fellow shoppers has been an organic product of the process! The Shipt family is growing, and that means features like get well kits and meal-planning options are being developed everyday. Try Shipt today, and join the #ShiptLife
keywords:Marketplace,On-Demand,Consumer Services,E-Commerce,Food & Beverages,Mobile
$65.2M
Total Funding
7128
Number of Employees
$875.9M
Revenue (est)
3%
Employee Growth %
N/A
Valuation
N/A
Accelerator
Shipt News
Target does offer a similarly priced same-day delivery service called Shipt, but it doesn't have as many benefits as Walmart+.
Shipt has secured a delivery partnership with another local business. The retail delivery platform will now bring Hop City Craft Beer & Wine...
Shipt, which is owned by Target, is widely used across the U.S. for same-day and next-day delivery with many retailers offering services within...
BIRMINGHAM, Ala., Sept. 27, 2021 /PRNewswire/ -- It's officially autumn, and whether Americans are looking to stock up on their favorite fall cleaning supplies, getting ready to tailgate with family and friends, or preparing for holiday entertaining, same-day delivery service, Shipt, is announci ...
Other Companies in Birmingham
| Company Name | Revenue | Number of Employees | Employee Growth | Total Funding |
|---|---|---|---|---|
#1 | $300M | 8526 | 7% | N/A |
#2 | $3279.3M | 9222 | 11% | N/A |
#3 | $3567.6M | 9438 | 6% | N/A |
#4 | $2803.5M | 11125 | N/A | N/A |
#5 | $5020M | 11342 | 4% | $21M |
Shipt Funding
| Date | Amount | Round | Lead Investors | Reference |
|---|---|---|---|---|
| 2016-07-28 | $20.1M | A | Article | |
| 2017-06-06 | $40.0M | Undisclosed | Greycroft Partners | Article |