Shipping Startup Shippo Valued at $1 Billion as E-Commerce Soars
- Startup roughly doubled valuation from earlier this year
- $50 million comes from existing investors led by Bessemer
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Shipping startup Shippo is now valued at $1 billion amid a boom in e-commerce.
Just months after reaching a valuation of $495 million, the company has raised a $50 million round led by Bessemer Venture Partners that more than doubles that number.