Shipt
On-demand grocery delivery service that gives customers direct access to thousands of grocery items through a mobile app.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor investor investor investor | €0.0 | round |
| N/A | €0.0 | round | |
| investor investor investor | €0.0 | round | |
| investor | €0.0 | round | |
$550m Valuation: $550m | Acquisition | ||
| Total Funding | 000k | ||
Related Content
Shipt operates a personal shopping and delivery service accessible to 80% of households across more than 5,000 U.S. cities. Utilizing a community of dedicated shoppers, Shipt ensures real-time communication regarding preferences and substitutions, enhancing the customer experience. The platform features a curated marketplace that includes a variety of stores and product categories such as fresh foods, household essentials, wellness products, office supplies, and pet supplies. Shipt serves a broad range of clients, from individual consumers to families, providing convenience and time-saving solutions. The company operates within the retail and logistics market, leveraging a business model that combines subscription fees and delivery charges to generate revenue. As an independently operated, wholly owned subsidiary of Target Corp., Shipt benefits from strategic support while maintaining operational autonomy. Founded and headquartered in Birmingham, Alabama, Shipt also has an office in San Francisco.
Keywords: personal shopping, delivery service, U.S. households, real-time communication, curated marketplace, fresh foods, household essentials, wellness products, office supplies, pet supplies.