2 Shipping Software Success Stories [2024]
Navigating the complexities of shipping logistics can be daunting for businesses of all sizes. Enter shipping software—a solution designed to streamline and optimize the shipping process.
Shipping software automates tasks like label printing, tracking, and carrier selection, reducing manual effort and increasing accuracy. With seamless integration with ecommerce platforms and inventory systems, this tool helps businesses manage their shipping needs efficiently.
For those eyeing a business idea with perpetual relevance, shipping software checks all the boxes. You'll need to invest time in developing or sourcing reliable software, understanding the logistics industry, and providing robust customer support. However, the demand for efficient shipping solutions is evergreen, making it a promising venture.
As ecommerce continues to boom, businesses will increasingly seek tools to simplify their operations. By stepping into the shipping software market, you're positioned to meet that need, making their processes smoother and your business indispensable.
In this list, you'll find real-world shipping software success stories and very profitable examples of starting a shipping software that makes money.
1. ShipHero ($28.8M/year)
Nicholas Daniel-Richards and Aaron Rubin founded ShipHero in 2013 after experiencing frustrations with legacy warehousing software. They saw a market for a more accessible solution that could work on iPhones or tablets, offering features like order management and integration with e-commerce channels. Since then, ShipHero has grown to bootstrapped revenues of $30 million annually, processing over $5 billion of e-commerce gross merchandise volume annually.
How much money it makes: $28.8M/year
How many people on the team: 193
ShipHero co-founders built their successful e-commerce fulfillment business, offering warehouse management software and outsourced eCommerce fulfillment, growing revenues from zero to $30 million annually, processing over $5 billion of e-commerce gross merchandise volume (GMV) annually while only having received $435,000 in outside capital investment.
2. Marine Digital ($6K/year)
Ivan, the founder of Marine Digital, came up with the idea to create a modern digital service in the marine industry after seeing how outdated and inefficient the industry was during his work in banking, IT, and logistics. With the support of APX VC Fund and a pivot in his business, Ivan and his team developed a fuel optimization system that has garnered interest from clients and generated €60K in revenue from pilot projects. Now, they are launching the production of their digital twin in the EU, with plans for worldwide mass-market scaling in the future.
How much money it makes: $6K/year
How much did it cost to start: $1M
How many people on the team: 12
Marine Digital is a deep-tech company that aims to make modern instruments of decarbonization available for the mass market and has made massive progress in performance digital twin cost reduction (10 times lower than the average market cost), providing opportunities for non-giant marine companies to use it, with 3 pilots earning about €60k.
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