Shyp

Shyp

Shyp was a technology enabled shipping company that operated in the years 2013-2018.

Shyp was a shipping company that operated in the years 2013-2018. The company picked up, packaged, and shipped items through USPS and other major carriers. The company was founded in San Francisco. The founders were Kevin Gibbon, Joshua Scott and Jack Smith.

The company launched with an iPhone app, which enabled users to take a photo of an item that they'd like shipped, select a pick-up and destination address and then have the item picked up and packed for them within 15 minutes. In 2015, the company also launched an Android app.

Shyp's offerings also included "Shyp Returns", which was functionality added to its apps that enabled shoppers to return items they purchased online from select merchants.

In 2015, the company converted its couriers from independent contractors to full-fledged employees. In 2017, in an effort to become profitable, Shyp laid off the majority of its staff and ceased operating in New York, Los Angeles, and Chicago. In 2018, Shyp CEO Kevin Gibbon announced that the company would shut down and lay off all its employees.

Funding

Over its lifetime, the company raised $62.1 million in venture-capital investment.

  • Homebrew led the seed round
  • Sherpva Ventures led the Series A
  • Kleiner Perkins led the Series B

Areas of operation

Up until 2017 the company operated in:

  • New York
  • Miami
  • Los Angeles
  • Chicago
  • Philadelphia

Timeline

September 27, 2013

Shyp raises a $2,100,000 seed round from Naval Ravikant, Hunter Walk, Joshua Schachter, Scott Belsky, Shri Ganeshram, Brian McClendon, Osama Bedier, Sherpa Ventures, Daymond John, XG Ventures and David Spector.

Funding rounds

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People

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Role
LinkedIn

Co-Founder

Joshua Scott

Co-Founder and former Chief Product Officer

Kevin Gibbon

Co-Founder and former CEO

Further reading

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Documentaries, videos and podcasts

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Companies

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News

Title
Author
Date
Publisher
Description
Catherine Shu
June 16, 2019
TechCrunch
Fifteen months after shutting down, Shyp is getting ready to launch again. The startup tweeted today that "We are back! We're hard at work to rebuild an unparalleled shipping experience. Before we begin operations again, we'd love to hear your feedback in this quick survey. We look forward to working with you and can't wait [...]

References

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