|Company Name||Fund Raised||Led By||CEO/Co-Founder||Valuation||Investors|
|ShipHero||$50M||Aaron Rubin & COO Maggie Barnett||Aaron Rubin||$225M||Riverwood Capital|
ShipHero succeeded in providing complete outsourced fulfilment with its e-commerce fulfilment technology. The company raised funding of $50M which then helped them reach a valuation of $225M. The investors of the funding were Riverwood Capital and it was led by Aaron Rubin and COO Maggie Barnett, which further helped in the enhancement of their expansion.
Also, read Planetarians Raises $6M in Seed II Funding
ShipHero CEO, Aaron Rubin, aims to help businessmen grow and expand their e-commerce business. The company offers to provide cheaper and faster e-commerce fulfilment. The annual Gross Merchandise Volume (GMV) of ShipHero crossed about $5B and the company wishes to emerge as a lead by helping manage the fulfilment and shipping needs of the companies.